Targa Resources Partners (NYSE: NGLS) is one of 37 public companies in the “Oil & Gas Refining and Marketing” industry, but how does it compare to its rivals? We will compare Targa Resources Partners to similar companies based on the strength of its earnings, institutional ownership, risk, valuation, profitability, analyst recommendations and dividends.

Analyst Ratings

This is a breakdown of recent ratings for Targa Resources Partners and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Targa Resources Partners 0 0 0 0 N/A
Targa Resources Partners Competitors 389 1880 2502 116 2.48

As a group, “Oil & Gas Refining and Marketing” companies have a potential upside of 10.20%. Given Targa Resources Partners’ rivals higher probable upside, analysts plainly believe Targa Resources Partners has less favorable growth aspects than its rivals.

Institutional and Insider Ownership

48.1% of shares of all “Oil & Gas Refining and Marketing” companies are held by institutional investors. 11.0% of shares of all “Oil & Gas Refining and Marketing” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Dividends

Targa Resources Partners pays an annual dividend of $3.30 per share and has a dividend yield of 31.0%. Targa Resources Partners pays out 423.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Refining and Marketing” companies pay a dividend yield of 5.4% and pay out 378.6% of their earnings in the form of a dividend. Targa Resources Partners has increased its dividend for 7 consecutive years.

Profitability

This table compares Targa Resources Partners and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Targa Resources Partners 3.27% 0.29% 1.61%
Targa Resources Partners Competitors -1.29% 3.41% 1.67%

Earnings & Valuation

This table compares Targa Resources Partners and its rivals gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Targa Resources Partners N/A N/A 13.65
Targa Resources Partners Competitors $40.29 billion $686.61 million 242.89

Targa Resources Partners’ rivals have higher revenue and earnings than Targa Resources Partners. Targa Resources Partners is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Targa Resources Partners rivals beat Targa Resources Partners on 7 of the 9 factors compared.

About Targa Resources Partners

Targa Resources Partners LP is a provider of midstream natural gas and natural gas liquid (NGL) services in the United States with a presence in crude oil gathering and petroleum terminaling. The Company is engaged in the business of gathering, compressing, treating, processing and selling natural gas; storing, fractionating, treating, transporting and selling NGLs and NGL products, including services to liquefied petroleum gas (LPG) exporters; gathering, storing and terminaling crude oil, and storing, terminaling and selling refined petroleum products. The Company operates in two divisions: Gathering and Processing, and Logistics and Marketing. The Gathering and Processing division consists of two segments: Field Gathering and Processing, and Coastal Gathering and Processing. The Logistics and Marketing division consists of two segments: Logistics Assets and Marketing and Distribution.

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