Back to top
more

Targa Resources (TRGP)

(Real Time Quote from BATS)

$134.97 USD

134.97
3,240,316

+3.35 (2.55%)

Updated Aug 7, 2024 09:48 AM 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 8% (19 out of 250)

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

Better trading starts here.

Zacks News

Here's Why Targa Resources, Inc. (TRGP) Could be Great Choice for a Bottom Fisher

Targa Resources, Inc. (TRGP) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Targa (TRGP) Completes $200 Million Southcross Energy Takeover

Targa Resources (TRGP) completes the earlier announced acquisition, which was to be closed by the second quarter of 2022.

Are You Looking for a Top Momentum Pick? Why Targa Resources, Inc. (TRGP) is a Great Choice

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 Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Nilanjan Choudhury headshot

5 Pipeline Stocks to Hedge Your Portfolio Against Inflation

SUN, DCP, DKL, MPLX and TRGP are among the best inflation-protected investments in today's markets.

Zacks Industry Outlook Highlights Sunoco, Targa Resources, and Western Midstream Partners

Sunoco, Targa Resources, and Western Midstream Partners are part of today's Industry Outlook article.

Nilanjan Choudhury headshot

These 3 Refining & Marketing MLP Stocks Are Worth a Closer Look

Notwithstanding high gasoline prices and supply chain challenges, the Zacks Oil and Gas - Refining & Marketing MLP operators like Targa Resources (TRGP), Western Midstream Partners, LP (GLP) and Sunoco LP (SU) should enjoy some upside momentum.

Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

The Zacks Analyst Blog Highlights BP, Eni, Targa Resources and Baker Hughes

BP, Eni, Targa Resources and Baker Hughes have been included in this Analyst Blog.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: BP's EV Investment & Eni's Discovery Take Center Stage

Apart from BP plc (BP) and Eni (E), there was news regarding Targa Resources (TRGP) and Baker Hughes (BKR) during the week.

Targa (TRGP) to Acquire Southcross Energy for $200 Million

In a transaction worth $200 million, Targa Resources Corp. (TRGP) to take over Southcross Energy and its subsidiaries in South Texas.

Why Targa Resources, Inc. (TRGP) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Targa (TRGP) Earnings Miss, Revenues Beat Estimates in Q4

Targa Resources' (TRGP) fourth-quarter earnings lag the consensus mark, while revenues beat estimates.

Why Targa Resources, Inc. (TRGP) is a Top Value Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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

Targa Resources (TRGP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Targa Resources (TRGP) Sells Its 25% GCX Stake for $875M

In a deal worth $857 million, the midstream giant, Targa Resources (TRGP), sells its stake in the Gulf Coast Express Pipeline to an anonymous buyer.

Here's Why Targa Resources, Inc. (TRGP) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

How Targa Resources (TRGP) Stock Stands Out in a Strong Industry

Targa Resources (TRGP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Targa (TRGP) Stock Leaves No Mark Despite Beating on Q3 Earnings

Targa Resources' (TRGP) adjusted EBITDA jumps from $419.1 million a year earlier to $505.9 million in the third quarter of 2021.

The Zacks Analyst Blog Highlights: Dow, ConocoPhillips, Westlake Chemical, Avis Budget and Targa Resources

The Zacks Analyst Blog Highlights: Dow, ConocoPhillips, Westlake Chemical, Avis Budget and Targa Resources

Nalak Das headshot

4 Factors Likely to Drive Year-End Wall Street Rally: 5 Picks

We have narrowed down our search to five large-cap stocks that have strong growth potential for the rest of 2021. These are: DOW, COP, CAR, TRGP and WLK.

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

Targa Resources (TRGP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why EOG Resources (EOG) is Likely to Post Q3 Earnings Beat

EOG Resources' (EOG) third-quarter 2021 results are likely to be backed by higher production volumes and increased commodity price levels.

What Awaits Pioneer Natural (PXD) This Earnings Season?

Pioneer Natural Resources' (PXD) third-quarter results might be supported by increased output and commodity prices.

What to Look for in Cheniere Energy's (LNG) Q3 Earnings?

Cheniere Energy (LNG) beat the Zacks Consensus Estimate twice in the last four quarters and missed in the other two, ending up with an earnings surprise of 4.43%, on average.