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TRGP vs MPLX

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

Both TRGP and MPLX are from the Energy sector.

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

TRGP vs MPLX - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

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

TRGP vs MPLX - Historical Returns

Returns include dividend reinvestment.

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

TRGP vs MPLX - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

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

TRGP vs MPLX Drawdown Comparison

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

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

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

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

Correlation

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

0.97
-101

Dividend Comparison (2011 - 2026)

TRGP vs MPLX dividend yield comparison.

YearTRGPMPLX
20260.85%3.81%
20252.03%7.39%
20241.54%7.33%
20232.13%8.65%
20221.90%8.80%
20210.77%11.30%
20204.59%12.70%
20198.92%10.41%
201810.11%8.22%
20177.52%6.23%
20166.49%5.86%
201512.53%4.33%
20142.52%1.82%
20132.33%2.32%
20122.87%0.00%
20112.29%0.00%

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