Occidental Petroleum Corporation (OXY) vs Targa Resources Corp. (TRGP)

A side-by-side comparison of Occidental Petroleum Corporation and Targa Resources Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnOXY vs TRGP

growth of $100 · dividends reinvested · last 10y
OXY +8.0% (+0.8%/yr)TRGP +853.7% (+25.3%/yr)TRGP compounded faster over this window
Log scale — wide-divergence pair
101001kStart $10020182020202220242026$108$954
OXY TRGP

OXY vs TRGP: by the numbers

  • TRGP is the larger company ($61.35B vs $56.38B market cap).
  • OXY trades at the lower trailing earnings multiple (8.72 vs 27.22 P/E), one valuation lens rather than an overall verdict.
  • OXY converts more revenue to profit (28.79% vs 13.49% net margin).
  • TRGP grew revenue faster over the past five years (6.56% vs 4.87% CAGR).
  • OXY pays the higher dividend yield (1.69% vs 1.55%).

Metrics side by side

Valuation

MetricOXYTRGP
P/E ratio8.7227.22
Forward P/E8.9925.35
P/S ratio2.243.65
P/B ratio1.3516.78
EV / EBITDA4.9614.69
FCF yield9.42%1.21%

Profitability

MetricOXYTRGP
Gross margin33.78%26.51%
Operating margin23.01%23.13%
Net margin28.79%13.49%
ROE17.38%61.94%
ROIC5.87%14.09%

Dividends

MetricOXYTRGP
Dividend yield1.69%1.55%
Payout ratio16.00%42.86%

Growth (annualized)

MetricOXYTRGP
Revenue CAGR (5Y)4.87%6.56%
FCF CAGR (5Y)3.24%-16.03%
Total return CAGR (5Y)21.46%49.25%

Frequently asked

Which has the lower trailing P/E, OXY or TRGP?
OXY has the lower trailing P/E: OXY trades at 8.72 and TRGP at 27.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, OXY or TRGP?
Over the past five years, TRGP grew revenue faster — OXY at a 4.87% CAGR versus TRGP at 6.56%.
Does OXY or TRGP pay a bigger dividend?
OXY yields 1.69% and TRGP yields 1.55% based on trailing dividends and the latest price.
Is OXY or TRGP more profitable?
OXY runs the higher net margin — OXY at 28.79% versus TRGP at 13.49%.
How have OXY and TRGP total returns compared?
Over the past 10 years, OXY delivered 0.92% and TRGP delivered 25.16% annualized total return. 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 September 13, 2026.