EOG Resources, Inc. (EOG) vs Targa Resources Corp. (TRGP)
A side-by-side comparison of EOG Resources, Inc. and Targa Resources Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.
EOG
EOG Resources, Inc.
$141.38EnergyDelayed quote: Oct 2, 2026, 4:00 PM EDT
TRGP
Targa Resources Corp.
$281.74EnergyDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — EOG vs TRGP
growth of $100 · dividends reinvested · last 10yEOG +108.0% (+7.6%/yr)TRGP +771.6% (+24.2%/yr)TRGP compounded faster over this window
EOG TRGP
EOG vs TRGP: by the numbers
- •EOG is the larger company ($75.30B vs $60.47B market cap).
- •EOG trades at the lower trailing earnings multiple (11.00 vs 26.83 P/E), one valuation lens rather than an overall verdict.
- •EOG converts more revenue to profit (25.71% vs 13.49% net margin).
- •EOG grew revenue faster over the past five years (14.29% vs 6.56% CAGR).
- •EOG pays the higher dividend yield (2.89% vs 1.60%).
Metrics side by side
Valuation
| Metric | EOG | TRGP |
|---|---|---|
| P/E ratio | 11.00 | 26.83 |
| Forward P/E | 8.25 | 25.00 |
| P/S ratio | 2.82 | 3.60 |
| P/B ratio | 2.36 | 16.54 |
| EV / EBITDA | 5.05 | 14.54 |
| FCF yield | 8.93% | 1.23% |
Profitability
| Metric | EOG | TRGP |
|---|---|---|
| Gross margin | 70.20% | 26.51% |
| Operating margin | 39.07% | 23.13% |
| Net margin | 25.71% | 13.49% |
| ROE | 21.58% | 61.94% |
| ROIC | 16.57% | 14.09% |
Dividends
| Metric | EOG | TRGP |
|---|---|---|
| Dividend yield | 2.89% | 1.60% |
| Payout ratio | 31.75% | 42.86% |
Growth (annualized)
| Metric | EOG | TRGP |
|---|---|---|
| Revenue CAGR (5Y) | 14.29% | 6.56% |
| FCF CAGR (5Y) | 21.93% | -16.03% |
| Total return CAGR (5Y) | 16.37% | 43.85% |
Frequently asked
- Which has the lower trailing P/E, EOG or TRGP?
- EOG has the lower trailing P/E: EOG trades at 11.00 and TRGP at 26.83. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EOG or TRGP?
- Over the past five years, EOG grew revenue faster — EOG at a 14.29% CAGR versus TRGP at 6.56%.
- Does EOG or TRGP pay a bigger dividend?
- EOG yields 2.89% and TRGP yields 1.60% based on trailing dividends and the latest price.
- Is EOG or TRGP more profitable?
- EOG runs the higher net margin — EOG at 25.71% versus TRGP at 13.49%.
- How have EOG and TRGP total returns compared?
- Over the past 10 years, EOG delivered 7.29% and TRGP delivered 24.11% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
EOG Resources P/E ratioTarga Resources P/E ratioEOG Resources dividend yieldTarga Resources dividend yieldEOG Resources ROETarga Resources ROEEOG Resources operating marginTarga Resources operating marginEOG Resources revenue growthTarga Resources revenue growthEOG Resources free cash flowTarga Resources free cash flow
EOG Resources & Targa Resources appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 3, 2026.