OKE vs TRGP
Oneok (OKE) and Targa Resources (TRGP) compared side by side. Targa Resources (TRGP) is larger, with a market cap of $64.8B versus $60.4B for Oneok, about 1.1 times the size. On trailing earnings, OKE is cheaper at 16.6x versus 28.9x for TRGP.
Head to head
| Metric | OKE | TRGP |
|---|---|---|
| Market cap | $60.4B | $64.8B |
| P/E (TTM) | 16.6x | 28.9x |
| Forward P/E | 15.7x | 25.0x |
| Revenue (TTM) | $39.4B | $16.7B |
| Revenue growth | 52.8% | 4.2% |
| Gross margin | 27.2% | 43.2% |
| Operating margin | 13.3% | 27.8% |
| Free cash flow | $2.9B | $740.9M |
| Dividend yield | 4.47% | 1.65% |
| 1-year return | +44.8% | +97.0% |
| 5-year return (annual) | +14.1% | +43.0% |
| Max drawdown | -80% | -95% |
| FI Handbook grade | C | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
OKE vs TRGP FAQ
Which is bigger, OKE or TRGP?
Targa Resources (TRGP) is larger, with a market cap of $64.8B versus $60.4B for Oneok, about 1.1 times the size.
Is OKE or TRGP cheaper?
On trailing earnings, OKE is cheaper at 16.6x versus 28.9x for TRGP. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, OKE or TRGP?
TRGP returned +97.0% over the past year including dividends, versus +44.8% for OKE, through October 23, 2026.
Which pays a higher dividend, OKE or TRGP?
OKE yields 4.47% versus 1.65% for TRGP.
Full pages: Oneok · Targa Resources