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MPLX vs TRGP

Comparison between MPLX LP (MPLX, Company) and Targa Resources Corp (TRGP, Company).

Both MPLX and TRGP are from the Energy sector.

5-Year PerformanceTRGP has outperformed MPLX, delivering a return of +44.6% compared to +24.8%

MPLX vs TRGP - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
MPLX
$57B
Winner
TRGP
$57B
Max Drawdown
Winner
MPLX
89.81%
TRGP
96.86%
Sharpe Ratio
MPLX
1.00
Winner
TRGP
1.90
5Y Beta
Winner
MPLX
0.43
TRGP
0.82
Industry
MPLX
Oil & Gas Midstream
TRGP
Oil & Gas Midstream
P/E Ratio
Winner
MPLX
11.96
TRGP
26.58
Forward P/E
Winner
MPLX
12.06
TRGP
24.10
PEG Ratio
MPLX
1.96
Winner
TRGP
0.41
Dividend Yield
Winner
MPLX
7.43%
TRGP
1.59%
5Y Dividends CAGR
MPLX
13.34%
Winner
TRGP
60.04%
5Y EPS CAGR
MPLX
14.12%
Winner
TRGP
49.45%
Debt to Equity
MPLX
N/A
TRGP
609.97%
Free Cash Flow Yield
Winner
MPLX
6.89%
TRGP
0.46%
P/S Ratio
MPLX
4.82
Winner
TRGP
3.42
P/B Ratio
Winner
MPLX
4.02
TRGP
18.04

MPLX vs TRGP - Historical Returns

Returns include dividend reinvestment.

1M
Winner
MPLX
+3.50%
TRGP
+1.68%
3M
MPLX
-1.80%
Winner
TRGP
+11.02%
6M
MPLX
+5.14%
Winner
TRGP
+47.55%
1Y
MPLX
+19.11%
Winner
TRGP
+64.52%
5Y(CAGR)
MPLX
+24.78%
Winner
TRGP
+44.60%
10Y(CAGR)
MPLX
+15.27%
Winner
TRGP
+24.67%
Max(CAGR)
MPLX
+13.63%
Winner
TRGP
+21.55%

MPLX vs TRGP - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

YearMPLXTRGP
2026+9.03%+42.79%
2025+18.54%+3.04%
2024+41.97%+111.17%
2023+23.41%+25.89%
2022+19.83%+40.98%
2021+51.58%+101.83%
2020-3.49%-32.15%
2019-9.48%+21.54%
2018-9.83%-21.02%
2017+7.29%-10.15%
2016-6.07%+132.75%
2015-46.60%-73.61%
2014+78.68%+24.85%
2013+39.49%+64.88%
2012+14.67%+32.74%
2011N/A+54.99%
2010N/A+8.54%

MPLX vs TRGP Drawdown Comparison

The maximum drawdown for MPLX was -85.70%, occurring on Mar 18, 2020. Recovery took 2246 trading sessions.

The maximum drawdown for TRGP was -95.21%, occurring on Mar 18, 2020. Recovery took 2431 trading sessions.

The current MPLX drawdown is -2.64%. The current TRGP drawdown is -4.57%.

RankMPLXTRGP
#1-85.70%
Mar 2, 2015 - Feb 1, 2024
-95.21%
Jun 19, 2014 - Feb 15, 2024
#2-24.13%
Sep 9, 2014 - Oct 31, 2014
-31.59%
Jan 21, 2025 - Feb 6, 2026
#3-14.58%
Mar 17, 2025 - Nov 10, 2025
-25.22%
Apr 27, 2011 - Dec 2, 2011
#4-14.51%
Nov 26, 2014 - Dec 30, 2014
-17.62%
May 2, 2012 - Sep 14, 2012
#5-14.00%
Jul 2, 2014 - Sep 9, 2014
-17.21%
Nov 21, 2024 - Jan 16, 2025
#6-11.81%
May 23, 2013 - Dec 2, 2013
-10.85%
May 10, 2013 - Jul 25, 2013
#7-10.69%
Nov 29, 2024 - Jan 21, 2025
-10.24%
Oct 17, 2012 - Dec 21, 2012
#8-9.99%
Feb 19, 2013 - Mar 7, 2013
-9.57%
Mar 22, 2011 - Apr 27, 2011
#9-9.84%
Jan 2, 2015 - Jan 23, 2015
-7.83%
May 22, 2026 - May 29, 2026
#10-9.18%
Dec 31, 2013 - Jan 27, 2014
-7.76%
Apr 7, 2026 - Apr 30, 2026
#11-8.04%
Mar 12, 2013 - Apr 24, 2013
-7.03%
Feb 19, 2013 - Mar 20, 2013
#12-7.71%
Mar 24, 2026 - Apr 27, 2026
-6.67%
Jul 22, 2024 - Aug 12, 2024
#13-6.55%
Dec 4, 2025 - Jan 15, 2026
-6.49%
Sep 24, 2024 - Oct 4, 2024
#14-6.35%
Apr 4, 2024 - May 7, 2024
-6.20%
Feb 27, 2012 - Apr 23, 2012
#15-6.29%
Apr 29, 2013 - May 23, 2013
-5.92%
Mar 7, 2011 - Mar 18, 2011

Correlation

Correlation between MPLX and TRGP is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97
-101

Dividend Comparison (2011 - 2026)

MPLX vs TRGP dividend yield comparison.

YearMPLXTRGP
20263.81%0.85%
20257.39%2.03%
20247.33%1.54%
20238.65%2.13%
20228.80%1.90%
202111.30%0.77%
202012.70%4.59%
201910.41%8.92%
20188.22%10.11%
20176.23%7.52%
20165.86%6.49%
20154.33%12.53%
20141.82%2.52%
20132.32%2.33%
20120.00%2.87%
20110.00%2.29%

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