Back to top
more

Targa Resources (TRGP)

(Delayed Data from NYSE)

$131.62 USD

131.62
3,240,316

+3.76 (2.94%)

Updated Aug 6, 2024 04:00 PM ET

After-Market: $131.62 0.00 (0.00%) 7:58 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

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 A Momentum A 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 16% (40 out of 251)

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

Better trading starts here.

Zacks News

Sweta Killa headshot

High Beta, Momentum ETFs & Stocks to Trade in a Market Rally

While the rally seems to be broad-based, high beta and high momentum products are expected to lead the market.

    Sanchez Midstream & Targa Expand JV, Eye Eagle Ford Growth

    Sanchez Midstream (SNMP) expects the JV expansion to enable it process its Comanche volumes smoothly.

      Should You Buy Targa Resources (TRGP) Ahead of Earnings?

      Targa Resources (TRGP) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.

        Hess Midstream-Targa Resources to Build Gas Processing Plant

        Hess' (HES) MLP Hess Midstream along with Targa Resources will construct a natural gas processing plant in North Dakota for $150 million.

          Kinder Morgan Shows Interest to Construct Express Pipeline

          Kinder Morgan (KMI) gains enough commitments from shippers for the Gulf Coast Express Pipeline.

            Targa Resources (TRGP) Inks Three Back-to-Back Agreements

            Targa Resources (TRGP) consolidates its Permian Basin position through a clutch of deals.

              Kinder Morgan's GCX Project to Meet Permian Gas Demand

              Kinder Morgan (KMI) will likely generate sustainable fee-based revenues from the proposed Gulf Coast Express Pipeline Project.

                Nilanjan Choudhury headshot

                Hurricane Irma: Will It Be Another Threat to Energy Prices?

                Compared to Harvey, the effects of Irma on the energy sector is expected to be much lighter because Florida hardly has any critical supply-side assets.

                  Sanchez Midstream (SNMP) to Vend Non-Core Production Assets

                  In an attempt to fortify its transition from energy explorer to midstream operator, Sanchez Midstream Partners LP (SNMP) recently announced plans to divest the non-core production assets In Texas.

                    Nilanjan Choudhury headshot

                    Oil & Gas Stock Roundup: Tesoro's Drilling JV, SeaDrill's Q1 Beat & More

                    It was a week where oil prices tumbled after the much-anticipated OPEC meeting underwhelmed investors, while a bearish build created selling pressure on natural gas futures.

                      Targa Prices Equity Offering to Fund $1.3B Pipeline Project

                      Targa Resources Corp plans to raise equity to fund the construction of its new natural gas liquids pipeline -- Grand Prix.

                        Nilanjan Choudhury headshot

                        Oil & Gas Stock Roundup: Chevron, Baker Hughes' Q4; Valero's Dividend Hike and More

                        It was a week where oil prices tallied a small loss, while natural gas futures booked a handsome gain.

                          Targa Resources (TRGP) Inks Pipeline Agreement for $1.5B

                          Targa Resources Corp (TRGP) announced that it has inked an agreement to acquire pipeline assets from Denver- based Outrigger Energy for up to $1.5 billion.

                            Brian Hamilton headshot

                            Bear of the Day: Targa Resources (TRGP)

                            Even with management cutting CapEx, falling natural gas prices have caused -50% losses in net income.