Compare · KMI vs TRGP
KMI vs TRGP
Side-by-side comparison of Kinder Morgan Inc. (KMI) and Targa Resources Inc. (TRGP): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both KMI and TRGP operate in Natural Gas Distribution (Utilities), so they compete in similar markets.
- KMI is the larger of the two at $68.90B, about 1.1x TRGP ($61.52B).
- TRGP has been more active in the news (14 items in the past 4 weeks vs 12 for KMI).
- TRGP has more recent analyst coverage (25 ratings vs 24 for KMI).
Kinder Morgan Inc.
Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas liquefaction and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; and owns interests in/or operates oil fields and gasoline processing plants, as well as operates a crude oil pipeline system in West Texas. It owns and operates approximately 83,000 miles of pipelines and 144 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, 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 KMI
- VP (Pres., Products Pipelines) Garthwaite Michael P. sold $50,612 worth of Class P Common Stock (1,550 units at $32.65) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 50,413 units (SEC Form 4)
- Phillips 66, Kinder Morgan and HF Sinclair Announce Final Investment Decision for Western Gateway Pipeline
- VP and Chief Financial Officer Michels David Patrick converted options into 121,528 units of Class P Common Stock and covered exercise/tax liability with 47,573 units of Class P Common Stock, increasing direct ownership by 53% to 213,383 units (SEC Form 4) (tax withholding)
- VP and COO Holland James E covered exercise/tax liability with 50,993 units of Class P Common Stock and converted options into 130,209 units of Class P Common Stock, increasing direct ownership by 15% to 614,693 units (SEC Form 4) (tax liability)
- President Sanders Dax converted options into 130,209 units of Class P Common Stock and covered exercise/tax liability with 51,238 units of Class P Common Stock, increasing direct ownership by 27% to 369,471 units (SEC Form 4) to satisfy withholding obligation
- Chief Executive Officer Dang Kimberly A converted options into 636,575 units of Class P Common Stock and covered exercise/tax liability with 250,233 units of Class P Common Stock, increasing direct ownership by 47% to 1,216,943 units (SEC Form 4) to satisfy withholding tax
- VP and General Counsel James Catherine C. converted options into 69,445 units of Class P Common Stock and covered exercise/tax liability with 26,760 units of Class P Common Stock, increasing direct ownership by 35% to 165,338 units (SEC Form 4) (withholding tax)
- V.P., Corporate Development Grahmann Kevin P converted options into 40,510 units of Class P Common Stock and covered exercise/tax liability with 13,576 units of Class P Common Stock, increasing direct ownership by 46% to 85,587 units (SEC Form 4) (for withholding tax)
- VP (President, CO2 and ETV) Ashley Anthony B converted options into 104,167 units of Class P Common Stock and covered exercise/tax liability with 40,275 units of Class P Common Stock, increasing direct ownership by 64% to 164,038 units (SEC Form 4) to cover withholding tax
- V.P. (Pres.,Nat Gas Pipelines) Mody Sital K converted options into 115,741 units of Class P Common Stock and covered exercise/tax liability with 45,545 units of Class P Common Stock (SEC Form 4) to cover withholding tax
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