Enbridge (ENB) vs Targa Resources (TRGP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Targa Resources (TRGP) has outperformed Enbridge (ENB) over the past year, gaining 70.6% versus a loss of 7.2%. Over five years, TRGP leads with a +409.7% price change compared with +7.8% for ENB. Enbridge is the larger company by market cap ($103.15 billion vs $61.85 billion), about 1.7 times the size.
On valuation, Enbridge trades at a lower forward P/E (20.5x vs 24.0x for Targa Resources). Enbridge offers the higher dividend yield (8.28% vs 1.56%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ENB | TRGP |
|---|---|---|
| Share price | $46.28 | $288.46 |
| Market cap | $103.15B | $61.85B |
| 1-day change | +0.86% | +1.58% |
| YTD return | -4.06% | +53.91% |
| 1-year return | -7.20% | +70.61% |
| 5-year return | +7.82% | +409.71% |
| P/E ratio (TTM) | 24.75 | 27.58 |
| Forward P/E | 20.48 | 23.95 |
| EPS (TTM) | $1.87 | $10.46 |
| Dividend yield | 8.28% | 1.56% |
| Annual dividend | $3.83 | $4.50 |
| Revenue (latest FY) | — | $17.03B |
| Revenue growth (YoY) | — | +3.95% |
| Net income (latest FY) | — | $1.92B |
| Gross margin | — | 38.29% |
| Operating margin | — | 19.56% |
| Net margin | — | 11.29% |
| 52-week high | $58.45 | $307.94 |
| 52-week low | $45.03 | $144.14 |
| Distance from 52-week high | -20.82% | -6.33% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +10.39% | +12.84% |
| Average volume | 4.94M | 1.19M |
| Shares outstanding | 2.23B | 214.43M |
| Employees | 14,800 | 3,570 |
| Sector | Energy | Utilities |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TRGP has outperformed ENB by 77.8 percentage points over the past year.
- Enbridge offers a meaningfully higher dividend yield (8.28% vs 1.56%).
- The two companies sit in different sectors: Enbridge in Energy and Targa Resources in Utilities.
About Enbridge
ENB stock →Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation.
Energy · Natural Gas Distribution · 14,800 employees
About Targa Resources
TRGP stock →Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation.
Utilities · Natural Gas Distribution · 3,570 employees
ENB vs TRGP FAQ
Which is bigger, Enbridge or Targa Resources?
Enbridge (ENB) is larger, with a market capitalization of $103.15B compared with $61.85B for Targa Resources (TRGP).
Which stock has performed better over the past year, ENB or TRGP?
TRGP returned +70.61% over the past 12 months, compared with -7.20% for ENB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ENB or TRGP?
ENB has the lower trailing P/E at 24.7, versus 27.6 for TRGP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Enbridge or Targa Resources?
Enbridge has the higher yield at 8.28%, compared with 1.56% for Targa Resources.
Are Enbridge and Targa Resources in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Energy sector.