EOG Resources, Inc. (EOG) vs Targa Resources Corp. (TRGP)

EOG leads on 13 of 17 compared metrics.

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 June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — EOG vs TRGP

growth of $100 · last 16y
EOG +181.5%TRGP +970.9%TRGP compounded faster
05001kStart $10020132016201920222025$281$1,071
EOG TRGP

EOG vs TRGP: by the numbers

  • EOG is the larger company ($70.52B vs $56.78B market cap).
  • EOG trades at the lower earnings multiple (13.07 vs 26.94 P/E).
  • EOG converts more revenue to profit (23.41% vs 12.98% net margin).
  • EOG grew revenue faster over the past five years (17.61% vs 10.04% CAGR).
  • EOG pays the higher dividend yield (3.04% vs 1.61%).

Which is better, EOG or TRGP?

Metric tally: EOG 13 · TRGP 4

It depends on what you're optimizing for:

ValueEOG(lower P/E)
GrowthEOG(faster 5Y revenue CAGR)
IncomeEOG(higher dividend yield)
QualityEOG(higher ROIC)

Metrics side by side

Valuation

MetricEOGTRGP
P/E ratio13.0726.94
Forward P/E8.9421.54
P/S ratio3.033.47
P/B ratio2.3018.13
PEG ratio1.120.45
EV / EBITDA6.2015.26
FCF yield5.74%0.46%

Profitability

MetricEOGTRGP
Gross margin71.29%29.88%
Operating margin36.92%21.11%
Net margin23.41%12.98%
ROE17.79%67.76%
ROIC58.12%12.07%

Dividends

MetricEOGTRGP
Dividend yield3.04%1.61%
Payout ratio44.05%49.77%

Growth (annualized)

MetricEOGTRGP
Revenue CAGR (5Y)17.61%10.04%
EPS CAGR (5Y)11.64%22.85%
FCF CAGR (5Y)20.58%-27.03%
Total return CAGR (5Y)14.91%45.22%

Frequently asked

Which is better, EOG or TRGP?
It depends on your goal. value: EOG (lower P/E); growth: EOG (faster 5Y revenue CAGR); income: EOG (higher dividend yield); quality: EOG (higher ROIC). Across all compared metrics, EOG leads 13 to 4.
Is EOG or TRGP cheaper?
On trailing earnings, EOG is cheaper: EOG trades at a 13.07 P/E and TRGP at 26.94.
Which has grown faster, EOG or TRGP?
Over the past five years, EOG grew revenue faster — EOG at a 17.61% CAGR versus TRGP at 10.04%.
Does EOG or TRGP pay a bigger dividend?
EOG yields 3.04% and TRGP yields 1.61% based on trailing dividends and the latest price.
Is EOG or TRGP more profitable?
EOG runs the higher net margin — EOG at 23.41% versus TRGP at 12.98%.
Which has been the better investment, EOG or TRGP?
Over the past 10-year, TRGP delivered the higher annualized total return — EOG at 8.13% versus TRGP at 25.65%. Past performance doesn't predict future results.

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 June 23, 2026.