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Targa Resources (TRGP)

(Real Time Quote from BATS)

$147.07 USD

147.07
231,582

+2.35 (1.62%)

Updated Sep 12, 2024 12:14 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%

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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.

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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%.

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

Bottom 35% (162 out of 250)

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

Better trading starts here.

Zacks News

Will US Output Growth Aid Marathon Oil (MRO) in Q2 Earnings?

While higher y/y output from the U.S. E&P segment bodes well, lower volumes from the International segment and weaker y/y commodity prices may play spoilsports for Marathon Oil (MRO) in Q2 results.

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Is Flaring Limiting Shale Drillers' Production Capacity?

With oil production projected to grow rapidly in the coming days, flaring is bound to surge. It remains to be seen whether it affects oil drillers' production capacity.

RPC (RES) to Report Q4 Earnings: Disappointment in the Cards?

RPC (RES) is likely to witness a year-over-year decline in Q4 profits from the Technical Services segment.

Kinder Morgan Divests 15% Stake in GCX to Altus Midstream

Kinder Morgan (KMI) is currently the operator of the Gulf Coast Express Pipeline Project with 35% stake in the same.

5 Reasons to Add Targa Resources (TRGP) to Your Portfolio

Targa Resources (TRGP) is a solid investment choice for investors on the back of five factors.

    Upgraded Broker Ratings Make These 4 Stocks Worth Betting on

    Brokers have deeper understanding of the company fundamentals and also about the overall economy. So, following broker advice is a wise decision.

      Ferrellgas Partners (FGP) Posts Wider-Than-Expected Q4 Loss

      Ferrellgas Partners' (FGP) reports wider-than-expected loss in fourth-quarter fiscal 2018. Nevertheless, the company continues to expand operations through accretive acquisitions.

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        Oil & Gas Stock Roundup: Diamondback's Permian JV, HollyFrontier's Buyback & More

        Diamondback Energy (FANG) teamed up with private equity firm The Carlyle Group for the development of its assets in the region, while HollyFrontier (HFC) announced a $1 billion share buyback plan.

          Targa to Sell Petroleum Terminals to Fund Pipeline Projects

          Targa (TRGP) is set to divest its petroleum terminals and crude storage facilities for $160 million.

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            Oil & Gas Refining & Marketing MLP Outlook: Slide to Continue

            In the absence of healthier cash flows, it will be difficult for the oil and gas refining MLP stocks to generate positive shareholder returns in the near future.

              Why Targa Resources (TRGP) Could Be Positioned for a Surge

              Targa Resources (TRGP) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

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                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.

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                              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.

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                                  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.

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                                      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.

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                                          Bear of the Day: Targa Resources (TRGP)

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