Head-To-Head Analysis: Targa Pipeline Partners (APL) vs. Its Competitors

Targa Pipeline Partners (NYSE: APL) is one of 48 public companies in the “Oil Related Services and Equipment” industry, but how does it contrast to its peers? We will compare Targa Pipeline Partners to related companies based on the strength of its analyst recommendations, earnings, profitability, dividends, valuation, risk and institutional ownership.

Valuation & Earnings

This table compares Targa Pipeline Partners and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Targa Pipeline Partners N/A N/A 30.02
Targa Pipeline Partners Competitors $1.90 billion -$327.68 million -832.98

Targa Pipeline Partners’ peers have higher revenue, but lower earnings than Targa Pipeline Partners. Targa Pipeline Partners is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Targa Pipeline Partners and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Targa Pipeline Partners 14.09% 17.87% 9.56%
Targa Pipeline Partners Competitors -11.49% -5.07% -3.29%

Institutional & Insider Ownership

65.7% of shares of all “Oil Related Services and Equipment” companies are held by institutional investors. 12.4% of shares of all “Oil Related Services and Equipment” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for Targa Pipeline Partners and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Targa Pipeline Partners 0 0 0 0 N/A
Targa Pipeline Partners Competitors 472 2169 2992 119 2.48

As a group, “Oil Related Services and Equipment” companies have a potential upside of 10.18%. Given Targa Pipeline Partners’ peers higher probable upside, analysts plainly believe Targa Pipeline Partners has less favorable growth aspects than its peers.

Targa Pipeline Partners Company Profile

Targa Pipeline Partners, L.P. (the Partnership), formerly Atlas Pipeline Partners, L.P., was formed by its parent, Targa Resources Corp., to own, operate, acquire and develop a diversified portfolio of complementary midstream energy assets. The Partnership is a provider of midstream natural gas, natural gas liquids (NGL), terminaling and crude oil gathering services in the United States. The Partnership is engaged in the business of gathering, compressing, treating, processing and selling natural gas; storing, fractionating, treating, transporting and selling NGLs and NGL products; gathering, storing and terminaling crude oil; and storing, terminaling and selling refined petroleum products.

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