Compare · OPAL vs TRGP
OPAL vs TRGP
Side-by-side comparison of OPAL Fuels Inc. (OPAL) and Targa Resources Inc. (TRGP): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both OPAL and TRGP operate in Natural Gas Distribution (Utilities), so they compete in similar markets.
- TRGP is the larger of the two at $60.72B, about 137.3x OPAL ($442.1M).
- Over the past year, OPAL is down 0.8% and TRGP is up 73.6% - TRGP leads by 74.3 points.
- TRGP has hit the wire 3 times in the past 4 weeks while OPAL has been quiet.
- TRGP has more recent analyst coverage (25 ratings vs 9 for OPAL).
OPAL Fuels Inc.
OPAL Fuels Inc. engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company generates and sells renewable power to utilities. As of May 1, 2022, it owned and operated 24 biogas projects. The company was founded in 1998 and is based in White Plains, New York.
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 OPAL
- OPAL Fuels Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
- Director Sutton Scott Mcdougald bought $97,500 worth of shares (50,000 units at $1.95) (SEC Form 4)
- Director Nisar Nadeem bought $34,450 worth of shares (15,000 units at $2.30), increasing direct ownership by 6% to 247,785 units (SEC Form 4)
- OPAL Fuels Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- OPAL Fuels and GFL Environmental Advance Growth Strategy with New RNG Projects in Alabama and Georgia
- Nevada's Only Refinery Just Got a Jet-Fuel Makeover Plan
- Director Dols Scott V. bought $24,845 worth of shares (12,292 units at $2.02), increasing direct ownership by 5% to 245,672 units (SEC Form 4)
- OPAL Fuels Inc. filed SEC Form 8-K: Material Modification to Rights of Security Holders, Financial Statements and Exhibits
- Director Dols Scott V. bought $76,923 worth of shares (37,708 units at $2.04), increasing direct ownership by 19% to 233,380 units (SEC Form 4)
- Director Nisar Nadeem bought $10,100 worth of shares (5,000 units at $2.02), increasing direct ownership by 2% to 232,785 units (SEC Form 4)
Latest TRGP
- SEC Form 8-K filed by Targa Resources Inc.
- Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2026 Earnings Webcast
- SEC Form 8-K filed by Targa Resources Inc.
- Erste Group initiated coverage on Targa Resources
- Jefferies initiated coverage on Targa Resources with a new price target
- SEC Form 8-K filed by Targa Resources Inc.
- Chief Executive Officer Meloy Matthew J gifted 15,000 shares, decreasing direct ownership by 2% to 712,291 units (SEC Form 4)
- Amendment: SEC Form SCHEDULE 13G/A filed by Targa Resources Inc.
- Director Chung Paul W gifted 6,000 shares, decreasing direct ownership by 16% to 31,479 units (SEC Form 4)
- Director Crisp Charles R sold $2,713,738 worth of shares (10,602 units at $255.96), decreasing direct ownership by 14% to 66,492 units (SEC Form 4)