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Targa Resources (TRGP)

(Real Time Quote from BATS)

$147.97 USD

147.97
369,818

+3.25 (2.25%)

Updated Sep 12, 2024 01:12 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

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HollyFrontier (HFC) beat the Zacks Consensus Estimate in three of the last four quarters and missed in the other, delivering an earnings surprise of 22.32%, on average.

Factors Likely to Decide Apache's (APA) Fate in Q3 Earnings

Apache's (APA) average realized natural gas price rose in Q2 to $1.68 per thousand cubic feet (Mcf) from $1.41 in the year-ago period. This uptrend is likely to have continued in Q3 too.

Marathon Oil (MRO) to Post Q3 Earnings: What's in Store?

Marathon Oil's (MRO) encouraging cost-reduction efforts are expected to have driven the company's third-quarter earnings and cash flows higher.

Things to Know Before Marathon Petroleum's (MPC) Q3 Earnings

Marathon Petroleum's (MPC) Q3 earnings and cash flows might have been affected by the coronavirus-borne economic gloom and the related demand woes for its refined products and transportation fuels.

How is Williams Companies (WMB) Placed Ahead of Q3 Earnings?

Williams' (WMB) Northeast G&P segment, dealing in natural gas gathering and processing along with the NGL fractionation business in Marcellus and Utica shale regions is likely to have grown in Q3.

What's in the Offing for Diamondback (FANG) Q3 Earnings?

While significant production growth is expected to have driven Diamondback's (FANG) earnings in Q3, lower year-over-year crude oil prices might hurt its overall results.

What's in the Cards for Chevron (CVX) This Earnings Season?

Chevron's (CVX) steadily impressive cost-control efforts are expected to have driven third-quarter earnings and cash flows higher.

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Energy ETFs & Stocks Surge on Norway Strike & Delta Hurricane

Oil price is on track for the biggest weekly gain since May driven by a Norway strike and Hurricane Delta that has threatened output.

Targa to Buy Back $500M of Stock, Nudges Guidance Higher

Per the new share buyback program, Targa (TRGP) is authorized to repurchase up to $500 million worth of its shares, which is already on track.

Targa Resources, Inc. (TRGP) Down 15.6% Since Last Earnings Report: Can It Rebound?

Targa Resources, Inc. (TRGP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Upgraded Broker Ratings Make These 3 Stocks Worth Buying Now

Guidance from experts is highly desirable. You can follow rating upgrades by brokers as they have a deeper understanding of what's happening in a particular company.

Targa (TRGP) Stock Loses 2.8% Since Reporting Q2 Earnings

Targa Resources (TRGP) reiterates its growth capital spending guidance of $700-$800 million for 2020.

Targa (TRGP) Unit Seeks Shipper Interest for NGL Pipeline

Targa Resources' (TRGP) open season is underway for a week now and is expected to close on Jul 31, 2020.

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Is Oil & Gas Refining & Marketing MLP Industry Turning the Corner?

Gasoline sales in the U.S. continue to tick up in recent weeks in a recovery from historic lows as the economy reopens and lockdown measures imposed to curb the coronavirus pandemic are eased.

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High-Beta ETFs & Stocks to Tap the Soaring Stock Market

While every corner of the market is enjoying this ascent, high-beta ETFs and stocks seem a perfect bet at present.

Strong Volume Growth Buoys Targa Resources (TRGP) Q1 Earnings

Targa Resources' (TRGP) distributable cash flow came in at $301.9 million, compared to $187 million in the first quarter of 2019.

Noble Energy (NBL) to Post Q1 Earnings: What's in the Cards?

Noble Energy's (NBL) Leviathan natural gas field contribution and benefits from hedging a substantial portion of 2020 production are likely to reflect on first-quarter results.

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.

Volume Growth to Aid Targa Resources' (TRGP) Q1 Earnings

Targa Resources' (TRGP) infrastructure assets in the Permian shale play is expected to have placed it well for significant volume growth in the to-be-reported quarter.

Strength Seen in Western Midstream (WES): Stock Soars 12.2%

Western Midstream (WES) saw a big move last session, as its shares jumped more than 12% on the day, amid huge volumes.

Targa Resources (TRGP) Looks Good: Stock Adds 6.6% in Session

Targa Resources (TRGP) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Why Earnings Season Could Be Great for Targa Resources (TRGP)

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

Hess (HES) Gears Up for Q3 Earnings: What's in the Cards?

Hess' (HES) third-quarter 2019 earnings are expected to have been affected by lower hydrocarbon production and commodity prices.

Targa Resources (TRGP) Jumps: Stock Rises 5.4%

Targa Resources (TRGP) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Why Targa Resources (TRGP) Might Surprise This Earnings Season

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