Which has the lower trailing P/E, FANG or TRGP?

TRGP has the lower trailing P/E: FANG trades at 39.40 and TRGP at 25.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FANG or TRGP?

Over the past five years, FANG grew revenue faster — FANG at a 31.48% CAGR versus TRGP at 6.56%.

Does FANG or TRGP pay a bigger dividend?

FANG yields 2.06% and TRGP yields 1.60% based on trailing dividends and the latest price.

Is FANG or TRGP more profitable?

TRGP runs the higher net margin — FANG at 9.27% versus TRGP at 13.49%.

How have FANG and TRGP total returns compared?

Over the past 10 years, FANG delivered 10.86% and TRGP delivered 25.26% annualized total return. Past performance doesn't predict future results.

Diamondback Energy, Inc. (FANG) vs Targa Resources Corp. (TRGP)

A side-by-side comparison of Diamondback Energy, Inc. and Targa Resources Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.

FANG

Diamondback Energy, Inc.

$56.50B

$200.84EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT

TRGP

Targa Resources Corp.

$57.67B

$268.67EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT

Total return — FANG vs TRGP

growth of $100 · dividends reinvested · last 10y

FANG +173.7% (+10.6%/yr)TRGP +866.9% (+25.5%/yr)TRGP compounded faster over this window

FANG TRGP

FANG vs TRGP: by the numbers

•TRGP is the larger company ($57.67B vs $56.50B market cap).
•TRGP trades at the lower trailing earnings multiple (25.28 vs 39.40 P/E), one valuation lens rather than an overall verdict.
•TRGP converts more revenue to profit (13.49% vs 9.27% net margin).
•FANG grew revenue faster over the past five years (31.48% vs 6.56% CAGR).
•FANG pays the higher dividend yield (2.06% vs 1.60%).

Metrics side by side

Valuation

Metric	FANG	TRGP
P/E ratio	39.40	25.28
Forward P/E	10.18	24.41
P/S ratio	3.32	3.40
P/B ratio	1.50	18.20
EV / EBITDA	6.89	14.90
FCF yield	11.45%	0.54%

Profitability

Metric	FANG	TRGP
Gross margin	35.16%	26.51%
Operating margin	27.68%	23.13%
Net margin	9.27%	13.49%
ROE	4.18%	72.20%
ROIC	6.00%	12.07%

Dividends

Metric	FANG	TRGP
Dividend yield	2.06%	1.60%
Payout ratio	72.43%	49.77%

Growth (annualized)

Metric	FANG	TRGP
Revenue CAGR (5Y)	31.48%	6.56%
EPS CAGR (5Y)	25.44%	N/A
FCF CAGR (5Y)	51.55%	-29.47%
Total return CAGR (5Y)	25.73%	46.17%

Frequently asked

Which has the lower trailing P/E, FANG or TRGP?: TRGP has the lower trailing P/E: FANG trades at 39.40 and TRGP at 25.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FANG or TRGP?: Over the past five years, FANG grew revenue faster — FANG at a 31.48% CAGR versus TRGP at 6.56%.
Does FANG or TRGP pay a bigger dividend?: FANG yields 2.06% and TRGP yields 1.60% based on trailing dividends and the latest price.
Is FANG or TRGP more profitable?: TRGP runs the higher net margin — FANG at 9.27% versus TRGP at 13.49%.
How have FANG and TRGP total returns compared?: Over the past 10 years, FANG delivered 10.86% and TRGP delivered 25.26% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FANG analysis Full TRGP analysis Interactive comparison tool

Dig into the metrics

Diamondback Energy P/E ratio Targa Resources P/E ratio Diamondback Energy dividend yield Targa Resources dividend yield Diamondback Energy ROE Targa Resources ROE Diamondback Energy operating margin Targa Resources operating margin Diamondback Energy revenue growth Targa Resources revenue growth Diamondback Energy free cash flow Targa Resources free cash flow

Diamondback Energy & Targa Resources appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks

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 August 12, 2026.