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Targa Resources (TRGP)

(Delayed Data from NYSE)

$166.66 USD

166.66
1,483,403

+0.90 (0.54%)

Updated Oct 14, 2024 04:00 PM ET

After-Market: $166.65 -0.01 (-0.01%) 5:36 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (66 out of 250)

Industry: Oil and Gas - Refining and Marketing - Master Limited Partnerships

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Zacks News

Zacks Investment Ideas feature highlights: Microsoft, Archrock and Targa Resources

by Zacks Equity Research

Microsoft, Archrock and Targa Resources have been highlighted in this Investment Ideas article.

Ethan Feller headshot

The Next Commodity Megatrend: 2 Top Ranked Stocks to Profit

by Ethan Feller

Archrock and Targa Resources are set to benefit tremendously from the AI revolution

Tellurian Shareholders Approves the $1.2 Billion Acquisition

by Zacks Equity Research

TELL moves closer to deal closing as shareholders approve the acquisition by Woodside Energy for $1.2 billion.

BP Ditches 2030 Oil Output Cut in Shift Back to Hydrocarbons

by Zacks Equity Research

BP abandons its ambitious target to reduce oil and gas production by 2030, refocusing on boosting hydrocarbon output and shareholder returns, while maintaining its 2050 net-zero goal.

Chevron to Sell Key Assets Worth $6.5 Billion to Canadian Natural

by Zacks Equity Research

CVX's subsidiary plans to sell the company's non-operated interests in Alberta oil assets to Canadian Natural, advancing its strategic divestment goals.

Petrobras to Close Final Deal for Redeveloping the Tupi Oil Field

by Zacks Equity Research

PBR is set to redevelop the Tupi oil field, boost production and resolve tax disputes, which are vital for Brazil's energy security and economic growth.

ExxonMobil Warns of $1B Hit to Q3 Earnings Amid Falling Oil Prices

by Zacks Equity Research

XOM anticipates a decrease in crude prices to reduce $600 million to $1 billion in upstream profit.

New Strong Buy Stocks for October 7th

by Zacks Equity Research

ADMA, VERX, TRGP, EBMT and TALO have been added to the Zacks Rank #1 (Strong Buy) List on October 7, 2024.

Should Vanguard Small-Cap Growth ETF (VBK) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VBK

Targa's Shares Gain 76% Year to Date: Time to Buy or Hold?

by Zacks Equity Research

TRGP boasts a 76% year-to-date share price increase, fueled by growth and stable revenues. Yet, concerns over debt and valuation raise concerns.

Should You Invest in the Invesco S&P 500 Equal Weight Energy ETF (RSPG)?

by Zacks Equity Research

Sector ETF report for RSPG

Is Invesco S&P 500 Equal Weight Energy ETF (RSPG) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for RSPG

Mark Vickery headshot

Top Research Reports for JPMorgan, Thermo Fisher & Arista Networks

by Mark Vickery

Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co. (JPM), Thermo Fisher Scientific Inc. (TMO) and Arista Networks, Inc. (ANET), as well as two micro-cap stocks United Homes Group, Inc. (UHG) and GSI Technology, Inc. (GSIT).

Zacks Industry Outlook Targa, Sunoco and CrossAmerica Partners

by Zacks Equity Research

Targa, Sunoco and CrossAmerica Partners have been highlighted in this Industry Outlook article.

Why Is Sunoco LP (SUN) Down 0.8% Since Last Earnings Report?

by Zacks Equity Research

Sunoco LP (SUN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Nilanjan Choudhury headshot

Watch for These 3 Refining & Marketing MLP Stocks: TRGP, SUN, CAPL

by Nilanjan Choudhury

Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing MLP industry, we advise focusing on companies like Targa Resources, Sunoco LP and CrossAmerica Partners LP.

Williams to Boost Natural Gas Capacity With 12 New Projects

by Zacks Equity Research

WMB plans to add 12 projects, expanding 4.2 billion cubic feet per day gas capacity from 2024-2027, addressing growing energy demand.

Nilanjan Choudhury headshot

3 Broker-Favored Energy Stocks That Investors Should Monitor

by Nilanjan Choudhury

Considering the unpredictability and volatility of the energy space, we advise focusing on broker-favored stocks like SLB, Valero Energy and Targa Resources.

Should Vanguard Small-Cap ETF (VB) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VB

Is JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for JPME

Targa (TRGP) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

by Zacks Equity Research

Targa (TRGP) anticipates its capital expenditure for 2024 to be at $2.7 billion, with net maintenance capital expenditures amounting to $225 million.

Should Vanguard Small-Cap Growth ETF (VBK) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VBK

Are You Looking for a High-Growth Dividend Stock?

by Zacks Equity Research

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes? Let's find out.

Targa Resources, Inc. (TRGP) is a Great Momentum Stock: Should You Buy?

by Zacks Equity Research

Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Why Targa Resources, Inc. (TRGP) is a Great Dividend Stock Right Now

by Zacks Equity Research

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes? Let's find out.