Compare · KNTK vs TRGP
KNTK vs TRGP
Side-by-side comparison of Kinetik Holdings Inc. (KNTK) and Targa Resources Inc. (TRGP): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both KNTK and TRGP operate in Natural Gas Distribution (Utilities), so they compete in similar markets.
- TRGP carries a market cap of $61.52B.
- KNTK has been more active in the news (16 items in the past 4 weeks vs 14 for TRGP).
- Both have 25 recent analyst ratings on file.
Kinetik Holdings Inc.
Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. It provides gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. The company is headquartered in Midland, Texas.
Targa Resources Inc.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, purchasing, storing, terminaling, and selling crude oil. It is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. It operates approximately 28,700 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 75 million barrels. As of December 31, 2020, the company leased and managed approximately 694 railcars; 124 transport tractors; and 2 company-owned pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
Latest KNTK
- Large owner Isq Global Fund Ii Gp Llc sold $384,117 worth of shares (6,963 units at $55.17) (SEC Form 4)
- Large owner Isq Global Fund Ii Gp Llc sold $3,696,639 worth of shares (68,005 units at $54.36) (SEC Form 4)
- Director Sugg Laura A sold $3,196,655 worth of shares (61,180 units at $52.25), decreasing direct ownership by 75% to 20,910 units (SEC Form 4)
- Large owner Isq Global Fund Ii Gp Llc sold $18,963,594 worth of shares (360,337 units at $52.63) (SEC Form 4)
- SEC Form 144 filed by Kinetik Holdings Inc.
- Director Byers Deborah L sold $141,086 worth of shares (2,739 units at $51.51), decreasing direct ownership by 10% to 24,389 units (SEC Form 4)
- Large owner Isq Global Fund Ii Gp Llc sold $16,030,777 worth of shares (310,691 units at $51.60) (SEC Form 4)
- Amendment: SEC Form SCHEDULE 13G/A filed by Kinetik Holdings Inc.
- Officer Stellato Steven was granted 10,846 shares, increasing direct ownership by 3% to 404,228 units (SEC Form 4)
- Officer Ellis Lindsay was granted 9,731 shares, increasing direct ownership by 21% to 56,636 units (SEC Form 4)
Latest TRGP
- SEC Form 144 filed by Targa Resources Inc.
- Director Davis Waters S Iv sold $719,209 worth of shares (2,400 units at $299.67), decreasing direct ownership by 61% to 1,529 units (SEC Form 4)
- SEC Form 8-K filed by Targa Resources Inc.
- Targa Resources Corp. Announces Addition of Experienced Industry Executive and Leadership Changes to Support Continued Long-Term Growth
- Director Chung Paul W gifted 1,000 shares, decreasing direct ownership by 3% to 30,479 units (SEC Form 4)
- Chief Commercial Officer Muraro Robert was granted 20,000 shares, increasing direct ownership by 10% to 217,401 units (SEC Form 4)
- Targa Resources Corp. Announces 20-Year Agreements with ExxonMobil and Announces Three New Natural Gas Processing Plants in the Permian Delaware
- TD Cowen reiterated coverage on Targa Resources with a new price target
- SEC Form 10-Q filed by Targa Resources Inc.
- Targa Resources Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits