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Targa Resources (TRGP)

(Real Time Quote from BATS)

$166.48 USD

166.48
381,081

+0.72 (0.43%)

Updated Oct 14, 2024 02:18 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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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.

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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%.

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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

Better trading starts here.

Zacks News

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.