COMPARE · Data as of August 21, 2026

TRGP vs TRMD

Verdict: Side-by-side breakdown using the Bull Rankings model. TRGP scored 52.4, TRMD scored 53.9 — TRMD leads.
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Different reporting periods. TRGP's fundamentals are as of June 2026, but TRMD's are as of December 2025 — a 6-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
TRGP
Targa Resources Corp.
Oil & Gas Midstream · Quality-Growth
52.4
$299.10 · $64.1B
fundamentals as of
Score gap
1.5
TRMD leads
TRMD
TORM plc Class A Common Stock
Oil & Gas Midstream · Quality-Growth
53.9
$31.80 · $3.3B
fundamentals as of
  • CheapestTRMD9.3x
  • Fastest growthTRGP-2.0%
  • Strongest balance sheetTRMD0.48
  • Highest qualityTRGP77 / 100
THE BULL RANKINGS SCORECARD52.4/ 100 · BULL SCOREPEER MEDIANQUALITY77.3GROWTH41.1VALUE45.2
THE BULL RANKINGS SCORECARD53.9/ 100 · BULL SCOREPEER MEDIANQUALITY69.6GROWTH43.5VALUE51.8
TRGPTRMDQuality77.369.6Growth41.143.5Value45.251.8
cheap & fastrevenue growth →← cheaper (lower multiple)-24%8%4.3x34xTRGPTRMD

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFTRGP$741mTRMD$190m
RevTRGP-2.0%TRMD-14.1%
D/ETRGP5.16TRMD0.48
P/ETRGP28.6xTRMD9.3x
TRGP
stronger →← stronger
TRMD
77
Qualityreturns · margins · balance sheet
70
41
Growthrevenue & earnings expansion
44
45
Valuevaluation vs sector peers
52
TRMD is stronger on 2 of 3 pillars.
TRGP
TRMD
$741mC+
FCF
$190mC
-2.0%D+
Rev
-14.1%D
5.16D
D/E
0.48B
28.6xC
P/E
9.3xA-
1.25B
PEG
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
TRGP
TRMD
336% above
Price vs fair valuelower is cheaper
40% above
~42%/yr
Growth the price implies10-yr FCF · lower = less priced in
~7%/yr
-78%
1-yr DCF upside
-21%
-77%
5-yr DCF upside
-29%
-76%
10-yr DCF upside
-38%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
TRGP
Why this score
  • Raising its dividend
  • Durable high returns
TRMD
Why this score
  • Diluting shareholders
  • Cut its dividend
TRGPTarga Resources Corp.
Oil & Gas Midstream · $299.10 · beta 0.72
Why now
Oil & Gas Midstream · market cap $64.1b. Trading near 52-week high of $307.94 — momentum setup, limited technical margin of safety. 21 sell-side analysts rate this a Buy with a mean 1-yr target of $305.24 (implying +2% upside).
Moat
Net margin 14% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 62% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. $64.1b 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 5.16 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Trading within 3% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction. 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 Class A Common Stock
Oil & Gas Midstream · $31.80 · beta 0.04
Why now
Oil & Gas Midstream · market cap $3.3b. 10% 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.
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.

Where TRGP and TRMD diverge

On the headline score the gap is 1.5 points in favor of TRMD. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.