Is TRGP or WMB more undervalued in 2026?

CirclFi compares Targa Resources, Inc. (TRGP) and Williams Companies, Inc. (The) (WMB) using 13 institutional-grade valuation models. TRGP has a Quality of Company score of 8.9/10 while WMB scores 7.6/10.

Which is a better buy — TRGP or WMB?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do TRGP and WMB valuations compare?

TRGP at $255.07 and WMB at $71.39 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

TRGP vs WMB Valuation Comparison 2026 — Intrinsic Value Analysis

TRGP

Natural Gas Transmission

Targa Resources, Inc.

Quality

8.9

out of 10

Value Trap

—

Price

$255.07

Last close

Models

12/13

Active

WMB

Natural Gas Transmission

Williams Companies, Inc. (The)

Quality

7.6

out of 10

Value Trap

—

Price

$71.39

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	TRGP Fair Value	TRGP Upside	WMB Fair Value	WMB Upside
Bayesian DCF	Intrinsic	$14.72	-94.6%	$10.80	-85.8%
Earnings Power Value	Intrinsic	$10.52	-95.9%	$4.00	-94.5%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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TRGP vs WMB — Which Stock Is More Undervalued?

TRGP scores higher with a 8.9/10 quality rating vs WMB's 7.6/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Targa Resources, Inc. (TRGP) and Williams Companies, Inc. (The) (WMB) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

TRGP currently trades at $255.07 with a QOC of 8.9/10, while WMB trades at $71.39 with a QOC of 7.6/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).