Targa Pipeline Partners (NYSE: APL) is one of 49 publicly-traded companies in the “Oil Related Services and Equipment” industry, but how does it contrast to its competitors? We will compare Targa Pipeline Partners to similar companies based on the strength of its earnings, analyst recommendations, profitability, dividends, valuation, institutional ownership and risk.
Earnings & Valuation
This table compares Targa Pipeline Partners and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Targa Pipeline Partners||N/A||N/A||30.02|
|Targa Pipeline Partners Competitors||$2.13 billion||-$179.47 million||-743.65|
Targa Pipeline Partners’ competitors have higher revenue, but lower earnings than Targa Pipeline Partners. Targa Pipeline Partners is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This is a breakdown of recent ratings and recommmendations for Targa Pipeline Partners and its competitors, as provided 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||497||2203||3037||119||2.47|
As a group, “Oil Related Services and Equipment” companies have a potential upside of 30.86%. Given Targa Pipeline Partners’ competitors higher possible upside, analysts plainly believe Targa Pipeline Partners has less favorable growth aspects than its competitors.
This table compares Targa Pipeline Partners and its competitors’ 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||-10.95%||-4.25%||-3.04%|
Insider and Institutional Ownership
66.7% 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 insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
About Targa Pipeline Partners
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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