COMPARE · Reviewed July 29, 2026
TRGP vs TRMD
Verdict: Side-by-side breakdown using the Bull Rankings model. TRGP scored 56.1, TRMD scored 57.7 — TRMD leads.
Compare another set
TRGP
Targa Resources Corp.
56.1
$269.19 · $57.8B
fundamentals as of
Score gap
1.6
TRMD leads
TRMD
TORM plc
57.7
$30.10 · $3.1B
fundamentals as of
The model, pillar by pillar (0–100 each)
TRGP
stronger →← stronger
TRMD
76
Qualityreturns · margins · balance sheet
70
50
Growthrevenue & earnings expansion
50
46
Valuevaluation vs sector peers
55
TRGP and TRMD split the three pillars evenly.
Fundamentals, head-to-head
TRGP
TRMD
$262mC
FCF
$190mC
+1.1%C
Rev
-14.1%D
5.85D
D/E
0.48B
27.5xC
P/E
8.8xA-
1.25B
PEG
—
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
TRGP
TRMD
931% above
Price vs fair valuelower is cheaper
33% above
>60%/yr
Growth the price implies10-yr FCF · lower = less priced in
~5%/yr
-91%
1-yr DCF upside
-16%
-90%
5-yr DCF upside
-25%
-89%
10-yr DCF upside
-35%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
TRGP
Why this score
- Raising its dividend
- Durable high returns
- Cyclical growth
TRMD
Why this score
- Diluting shareholders
- Cut its dividend
- Revenue shrinking
The companies
TRGPTarga Resources Corp.
Why now
Oil & Gas Midstream · market cap $57.8b. 8% off the 52-week high of $291.04. 21 sell-side analysts rate this a Buy with a mean 1-yr target of $296.62 (implying +10% upside).
Moat
Net margin 13% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 68% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. $57.8b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
D/E 5.85 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
TRMDTORM plc
Why now
Oil & Gas Midstream · market cap $3.1b. 15% off the 52-week high of $35.33. Revenue -14% — in contraction; any catalyst that reverses this triggers re-rating.
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 13% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere.
Risk
Revenue contracting -14% — the operational turn is not yet visible in the top line. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.