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Targa Resources (TRGP)

(Real Time Quote from BATS)

$113.36 USD

113.36
316,230

+0.91 (0.81%)

Updated May 9, 2024 12:22 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value A Growth C 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 13% (217 out of 250)

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

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Zacks News

Should You Invest in the Invesco S&P 500 Equal Weight Energy ETF (RSPG)?

by Zacks Equity Research

Sector ETF report for RSPG

Is Invesco S&P 500 Equal Weight Energy ETF (RSPG) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for RSPG

Targa (TRGP) Q2 Earnings Surpass Estimates, Revenues Miss

by Zacks Equity Research

Targa (TRGP) anticipates adjusted EBITDA in the $3.5-$3.7 billion range, growth capital expenditures in the $2.2-$2 billion range, and net maintenance capital expenditures of $175 million for 2023.

Civitas (CIVI) Q2 Earnings Preview: What Investors Can Expect

by Zacks Equity Research

Lower commodity prices are likely to have hurt Civitas Resources' (CIVI) Q2 bottom line. However, an impressive production profile might have aided the results somewhat.

Nilanjan Choudhury headshot

4 Refining & Marketing MLP Stocks on Solid Ground

by Nilanjan Choudhury

TRGP, SUN, CLMT and NGL present an opportunity for stability and reliable returns in the Zacks Oil and Gas - Refining & Marketing MLP industry.

Should Vanguard Small-Cap Growth ETF (VBK) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VBK

Should You Invest in the First Trust Energy AlphaDEX ETF (FXN)?

by Zacks Equity Research

Sector ETF report for FXN

Should Vanguard Small-Cap Growth ETF (VBK) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VBK

Targa's (TRGP) Q1 Earnings & Revenues Miss Estimates

by Zacks Equity Research

Targa (TRGP) expects an adjusted EBITDA of $3.5-$3.7 billion, growth capital expenditures of $2-$2.2 billion and net maintenance capital spending of $175 million for 2023.

Zacks Industry Outlook Highlights Targa Resources, Sunoco, Calumet Specialty Products Partners and NGL Energy Partners

by Zacks Equity Research

Targa Resources, Sunoco, Calumet Specialty Products Partners and NGL Energy Partners have been highlighted in this Industry Outlook article.

Nilanjan Choudhury headshot

4 Refining & Marketing MLP Stocks That Should be on Investors' Radar

by Nilanjan Choudhury

The fundamental picture for the Zacks Oil and Gas - Refining & Marketing MLP industry continues to show signs of tightening. This bodes well for firms like TRGP, SUN, CLMT and NGL.

Are Cheniere's (LNG) Q1 Earnings Poised to Beat Expectations?

by Zacks Equity Research

Strong natural gas shipments to overseas customers are likely to have boosted Cheniere Energy's (LNG) profit levels in the first quarter.

Will Transocean's (RIG) Revenue Efficiency Boost Q1 Earnings?

by Zacks Equity Research

While strong revenue efficiency is likely to have boosted Transocean's (RIG) first-quarter results, escalation in costs might have neutralized those gains.

Select Energy (WTTR) Q1 Earnings Preview: Here's What to Watch

by Zacks Equity Research

While the strong performance from its key Water Services unit is likely to have boosted Select Energy Services' (WTTR) Q1 profit, escalation in costs might have offset some of the positives.

Here is Why Growth Investors Should Buy Targa Resources, Inc. (TRGP) Now

by Zacks Equity Research

Targa Resources, Inc. (TRGP) could produce exceptional returns because of its solid growth attributes.

Wall Street Analysts Believe Targa Resources, Inc. (TRGP) Could Rally 27.4%: Here's is How to Trade

by Zacks Equity Research

The average of price targets set by Wall Street analysts indicates a potential upside of 27.4% in Targa Resources, Inc. (TRGP). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Targa Resources, Inc. (TRGP) Is Attractively Priced Despite Fast-paced Momentum

by Zacks Equity Research

Targa Resources, Inc. (TRGP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

4 Stocks to Watch on Dividend Hikes as Inflation Softens

by Zacks Equity Research

Investors may keep a tab on stocks like AON, ST, TRGP and BUD, which have lately hiked their dividend payments.

Is First Trust Energy AlphaDEX ETF (FXN) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for FXN

Should You Invest in the First Trust Energy AlphaDEX ETF (FXN)?

by Zacks Equity Research

Sector ETF report for FXN

Should Vanguard Small-Cap ETF (VB) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VB

Why Is Targa Resources, Inc. (TRGP) Down 12.6% Since Last Earnings Report?

by Zacks Equity Research

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.

Should Vanguard Small-Cap Growth ETF (VBK) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VBK

Targa's (TRGP) Q4 Earnings Beat Estimates, Revenues Miss

by Zacks Equity Research

Targa Resources' (TRGP) 2023 adjusted EBITDA stands at $2.95-$3.5 billion, growth capex at $1.8-$1.9 billion, and net maintenance capex at $175 million.

Is Targa Resources (TRGP) Stock Outpacing Its Oils-Energy Peers This Year?

by Zacks Equity Research

Here is how Targa Resources, Inc. (TRGP) and YPF Sociedad Anonima (YPF) have performed compared to their sector so far this year.