What Enterprise Products Partners (EPD)'s Permian Gas Build-Out Plan Means For Shareholders
Enterprise Products Partners (EPD) presented its Permian Basin gas build-out plan, which includes adding multiple 300 million cubic feet per day processing plants through 2029 to capture more fee-based revenue. This strategy aligns with the company's investment narrative of attracting volumes and contracts to its midstream system, but investors should also consider its sizeable debt load and interest rate sensitivity. Forecasts project significant revenue and earnings growth for EPD by 2029, suggesting a potential 7% upside to its current price.
Targa Resources Corp. announces 20-Year agreements with ExxonMobil
Targa Resources Corp. announced new 20-year integrated midstream agreements with ExxonMobil subsidiaries for natural gas gathering, processing, treating, and liquid fractionation services in the Permian Basin. To support this, Targa plans to construct three new natural gas processing plants (Wrangler, Ranger, Ranger II) in the Delaware Basin, adding 825 MMcf/d capacity by H1 2028, and a 70-mile Bull Run II natural gas pipeline, increasing its 2026 growth capital estimate to $5 billion. These agreements significantly expand Targa's strategic relationship with ExxonMobil and are expected to drive substantial long-term volume growth and enhance Targa's financial outlook.
Targa Resources (TRGP) grants CCO 20,000 shares
Targa Resources Corp. (TRGP) reported a Form 4 insider transaction where its Chief Commercial Officer received a grant/award of 20,000 shares of Common Stock on August 18, 2026. These shares were recorded at $0.00 per share, and following this transaction, the officer directly holds 217,401 shares of TRGP common stock. The transaction was classified as a grant/award acquisition rather than a purchase and was not associated with a Rule 10b5-1 trading plan.
Targa Resources Corp. stock outperforms competitors on strong trading day
Targa Resources Corp. (TRGP) stock advanced by 1.74% to $302.25 on Thursday, outperforming the broader market as the S&P 500 Index and Dow Jones Industrial Average both declined. The company's shares closed just 0.93% shy of its 52-week high.
Wealthfront Advisers LLC Has $7.67 Million Stock Position in Targa Resources, Inc. $TRGP
Wealthfront Advisers LLC significantly increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 18.2% in the second quarter, bringing its total holdings to 28,600 shares valued at $7.67 million. Institutional investors and hedge funds now collectively own 92.13% of TRGP. The pipeline company recently reported strong quarterly earnings of $3.54 per share, surpassing analyst expectations, and maintains a "Buy" rating with an average price target of $297.18 from analysts.
Hyperliquid Strategies (PURR) Climbs As Crypto Rules Evolve
Hyperliquid Strategies Inc (PURR) stock has climbed by 12.85% following news related to SEC crypto rulemaking, even though the company is only mentioned in metadata rather than being the central focus. Despite the lack of direct company-specific news, PURR's chart shows a strong, controlled uptrend, with analysts noting its robust financial health, including high margins and significant cash reserves. Traders are likely pricing in the broader theme of tightening crypto regulation, with PURR appearing to be a beneficiary as a well-capitalized player in a rule-heavy environment.
TARGA RESOURCES CORP. : JP MORGAN RAISES TARGET PRICE TO $351 FROM $315
JP Morgan has increased its target price for Targa Resources Corp. (TRGP.N) to $351 from $315. This update was reported by Reuters on August 19, 2026. The article advises readers that its content reflects the author's opinion and is not investment advice.
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains?
Targa Resources (TRGP) stock is trading near its 52-week high after an 85.2% surge over the past year, outperforming its industry and peers, driven by strong demand for its Permian and Gulf Coast midstream network and a long-term agreement with ExxonMobil. While the company has compelling long-term growth prospects, including positive 2026 earnings estimates and major growth projects, investors should consider risks such as high growth capital spending, potential moderation of marketing gains, and commodity price exposure. The stock also trades at a premium valuation, suggesting that current investors might hold while new investors may seek a more attractive entry point.
Targa Resources' Stock Near 52-Week High: Time to Lock in Gains?
Targa Resources' stock is near its 52-week high after an 85.2% surge over the year, outperforming its industry and peers, driven by a long-term agreement with ExxonMobil and strong Permian demand. While the company has significant growth potential with new projects and positive 2026 earnings estimates, investors face risks from high growth capital spending, moderating marketing gains, and commodity price exposure. The stock's premium valuation suggests a "Hold" rating for existing investors, with new investors advised to await a better entry point.
Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stake in Targa Resources, Inc. $TRGP
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 6.6% in the second quarter, bringing its total holdings to 515,477 shares valued at $138.22 million. Other institutional investors like Norges Bank, Goldman Sachs Group Inc., and Bank of America Corp DE also significantly modified their positions in the pipeline company. Analysts have largely given Targa Resources a "Buy" rating, with an average target price of $297.18.
Great Lakes Advisors LLC Has $197.06 Million Stake in ExxonMobil Corporation $XOM
Great Lakes Advisors LLC decreased its stake in ExxonMobil Corporation (NYSE:XOM) by 4.5% in the second quarter, selling 67,880 shares but still retaining 1.44 million shares valued at $197.06 million. Despite ExxonMobil reporting higher-than-estimated revenue, its EPS slightly missed consensus, leading to a mixed analyst sentiment with an average "Hold" rating and a price target of $163.05. The company recently announced a quarterly dividend of $1.03 per share, representing a 2.5% annualized yield and marking 26 consecutive years of increases.
Targa Resources (TRGP) Could Be 7% Undervalued Following New ExxonMobil Contracts
Targa Resources (TRGP) has secured new long-term, fee-based agreements with ExxonMobil subsidiaries in the Permian Basin, including 20-year acreage and NGL dedications. This news comes as TRGP's share price has seen strong growth, with a year-to-date return of 48.81% and a one-year total shareholder return of 76.29%. While a common narrative suggests the stock is 6.5% undervalued with a fair value of $297, a discounted cash flow (DCF) model by Simply Wall St indicates a much higher fair value of $562.59 per share, suggesting the stock is significantly undervalued.
Empirical Asset Management LLC Invests $1.03 Million in Targa Resources, Inc. $TRGP
Empirical Asset Management LLC has acquired a new stake in Targa Resources, Inc. (NYSE:TRGP), purchasing 3,853 shares valued at approximately $1.03 million during the second quarter. This move comes as other institutional investors have also adjusted their holdings in the pipeline company, which recently reported strong quarterly earnings of $3.54 per share, surpassing analyst estimates. Targa Resources also announced a quarterly dividend of $1.25 per share and has a consensus "Buy" rating from analysts with an average price target of $297.18.
TARGA RESOURCES CORP. : JEFFERIES RAISES TARGET PRICE TO $345 FROM $324
Jefferies has raised its target price for Targa Resources Corp. (TRGP.N) from $324 to $345. This update reflects an analyst's revised valuation for the company. The article, originating from Reuters, briefly conveys this financial news.
Targa Resources stock hits all-time high at 293.03 USD By Investing.com
Targa Resources Inc. (TRGP) has reached an all-time high of $293.03, currently trading at $295.73 with a market capitalization of $59.6 billion, reflecting a 76% increase in stock price over the past year. Despite being considered overvalued by InvestingPro analysis, the company has shown strong growth, high returns, and has consistently raised its dividend for four consecutive years. Recent Q2 2026 financial results include adjusted EPS of $2.81, beating estimates, and a record adjusted EBITDA of $1.603 billion, leading Raymond James to raise its price target to $335 with a Strong Buy rating.
Targa Resources Corp (TRGP) Stock Up 7.1% but GF Value Says Overvalued -- GF Score: 67/100
Targa Resources Corp (TRGP) shares rose 7.1% to $297.77, yet GuruFocus's GF Value™ indicates the stock is significantly overvalued by 68.0% compared to its intrinsic value estimate of $177.22. Despite a GF Score™ of 67/100, reflecting above-average performance, the low valuation and momentum scores, coupled with insider selling, suggest potential risks and caution for investors.
Targa Resources inks ExxonMobil deals, plans new Permian Basin projects
Targa Resources Corp. is increasing its capital expenditures for 2026 due to new Permian Basin projects and agreements with ExxonMobil Holdings Corp. The Houston-based company has been growing organically and through acquisitions, and these new deals will further boost its spending next year.
HL Stock Slips As Hecla Mining Misses Q2 Revenue Target
Hecla Mining Company (HL) stock slipped by 4.14% after missing its Q2 revenue target, reporting $333.9M against a FactSet consensus of $368.8M. Despite the revenue shortfall, the company demonstrated strong margins, a healthy balance sheet with minimal debt, and solid free cash flow. Traders are actively watching HL due to a divergence between technical momentum, which shows the stock rising, and mixed fundamentals from the Q2 miss, leading to volatile but range-bound trading action.
MARA Stock Slides As Massive Q2 Miss Rattles Traders
MARA Holdings Inc. experienced a significant stock slide of -7.93% following a disappointing Q2 earnings report. The company reported a loss of $1.60 per share, sharply down from $1.84 a year ago, and revenue missed Wall Street estimates, falling to $174.9 million. A substantial $343 million fair value loss on digital assets contributed heavily to the net loss, highlighting MARA's high exposure to cryptocurrency market volatility.
At 55 With No Dividend Income, $1,500 a Month Into the SCHD ETF Is the Last Lever You Have
For a 55-year-old with no dividend income and a decade until retirement, contributing $1,500 monthly to the SCHD ETF can be a strategy for share accumulation, though dividend compounding will not be the primary driver due to the short timeframe. The article highlights that SCHD's dividend growth has slowed recently, leading to a real income cut when considering inflation. It recommends splitting contributions between SCHD and a broad market index fund to gain diversified exposure beyond SCHD's sector concentration.
TRGP Maintained by Jefferies -- Price Target Raised to $345
Jefferies has maintained a "Buy" rating for Targa Resources (TRGP) and increased its price target from $324.00 to $345.00. Despite this positive analyst outlook, GuruFocus assesses TRGP as 68.0% overvalued at its current price of $297.69, with a GF Value™ of $177.22. The company has a GF Score™ of 67/100, showing strong profitability but a lower valuation rank, suggesting caution for investors.
Targa Resources Corp. stock outperforms competitors on strong trading day
Targa Resources Corp. (TRGP) saw its stock price rise by 7.13% to $297.77 on Tuesday, a day when the broader market indices, the S&P 500 and Dow Jones Industrial Average, experienced declines. This marks the third consecutive day of gains for Targa Resources Corp., demonstrating strong performance against market trends.
Marathon Petroleum stock hits all-time high at 363.35 USD
Marathon Petroleum (MPC) stock has reached an all-time high of $363.35, representing a 1-year increase of 120.63% and a year-to-date return of 122%. This surge is driven by strong investor confidence, positive market sentiment, and recent impressive second-quarter 2026 earnings, which surpassed Wall Street expectations. Analysts have revised earnings upwards, and Freedom Broker upgraded the stock rating to Hold with a raised price target.
SXTC Stock Rockets On Momentum As Balance Sheet Shines
China SXT Pharmaceuticals Inc. (NASDAQ: SXTC) has experienced a significant stock surge, rising by 27.47% due to positive market sentiment and strong buying interest. The company's balance sheet reveals approximately $28 million in cash and minimal debt, providing a substantial liquidity cushion. Despite low revenue, its price-to-book ratio around 0.07 suggests the market heavily discounts its stated book value, making it an attractive, albeit volatile, option for momentum traders.
Profusa (PFSA) Stock Sinks After Diagnostics Deal News
Shares of Profusa (PFSA) dropped about 18% after the company announced a non-binding term sheet to acquire a privately held, commercial-stage diagnostics and toxicology testing company. This selloff signals market concern over potential dilution, financing needs, and integration risks, especially given Profusa's financially stretched balance sheet. The stock's extreme volatility and the non-binding nature of the deal make it a high-risk, catalyst-driven play for short-term traders.
Targa Resources announces 20-yr ExxonMobil agreements, three new Permian Delaware gas plants
Targa Resources Corp. has secured new 20-year, integrated midstream agreements with ExxonMobil subsidiaries for natural gas gathering and processing and downstream services in the Permian Basin. These agreements include significant acreage dedications in both the Delaware and Midland basins and 20-year NGL dedications to Targa's logistics systems, which are expected to drive substantial long-term volume growth. The expansion solidifies Targa's position as a key partner in the Permian, supporting ExxonMobil's production growth and enhancing Targa's financial outlook.
Empire Petroleum’s Fort Trinidad midstream positions Western Haynesville gas for market
Empire Petroleum is advancing its deep-gas development program in the Western Haynesville play by leveraging its Fort Trinidad midstream infrastructure, including 49 miles of pipeline and significant compression capacity. The company completed a 21,006-ft re-entry and subsurface evaluation of the Wakefield-Harrison GU B #1 well, gathering critical data for future horizontal drilling. Empire plans to deepen two additional wells to further refine its understanding of the deep-gas reservoirs and optimize drilling strategies.
Capital One Adjusts Price Target on Targa Resources to $310 From $305, Maintains Overweight Rating
Capital One has increased its price target for Targa Resources (TRGP) to $310 from $305, while reiterating an Overweight rating on the stock. This adjustment comes amidst other analyst actions, with Jefferies and Goldman Sachs also recently raising their price targets for the company. Targa Resources is a North American midstream services provider, operating in natural gas gathering and processing, and liquids transportation and storage.
Jefferies Adjusts Price Target on Targa Resources to $345 From $324, Keeps Buy Rating
Jefferies has increased its price target for Targa Resources (TRGP) to $345 from $324, while maintaining a "Buy" rating on the stock. This adjustment reflects a positive outlook from the analyst firm for the midstream services provider. The article also mentions other recent analyst price target changes and Targa's recent long-term agreements with ExxonMobil and plans for new Permian gas plants.
Deutsche Bank AG Raises Stock Holdings in Targa Resources, Inc. $TRGP
Deutsche Bank AG significantly increased its holdings in Targa Resources, Inc. (NYSE:TRGP) by 21.7% in the second quarter, now owning 3,025,248 shares valued at over $811 million. Several other institutional investors also adjusted their positions in the pipeline company. Targa Resources recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.
BlackRock Inc. Buys 291,114 Shares of Targa Resources, Inc. $TRGP
BlackRock Inc. increased its stake in Targa Resources, Inc. by 1.4% in the second quarter, purchasing an additional 291,114 shares and bringing its total holdings to 20.83 million shares. The company reported strong quarterly earnings per share of $3.54, surpassing analyst expectations, and maintains a quarterly dividend of $1.25. Analysts generally hold a "Buy" rating for Targa Resources with a consensus price target of $295.35.
Targa Signs 20-Year ExxonMobil Deals, Adds 825 MMcf/d Capacity
Targa Resources Corp. has expanded its partnership with ExxonMobil through new 20-year agreements for natural gas gathering, processing, and downstream services across the Permian Basin. To support expected production growth, Targa will add three new natural gas processing plants (Wrangler, Ranger, Ranger II) with a combined capacity of 825 million cubic feet per day, expected to be operational by mid-2028. This expansion will significantly increase Targa's infrastructure and is projected to impact NGL availability and prices, potentially benefiting ethylene producers.
Targa Resources : Investor Presentation (260817 TRGP Late August 2026 Investor Presentation - vF)
Targa Resources released an investor presentation for late August 2026, highlighting its compelling value proposition and growth profile. The presentation details Targa's integrated wellhead-to-water infrastructure, its position as the largest natural gas gatherer and processor in the Permian Basin, and its new 20-year agreements with ExxonMobil. The company projects strong Adjusted EBITDA growth, significant free cash flow generation, and an increasing return of capital to shareholders through dividends and share repurchases.
Targa Resources Corp. Announces 20-Year Agreements with ExxonMobil and Announces Three New Natural Gas Processing Plants in the Permian Delaware
Targa Resources Corp. announced 20-year agreements with ExxonMobil for integrated natural gas gathering and processing and downstream services in the Permian Basin, covering significant acreage dedications in both the Delaware and Midland basins. To support this expanded partnership and anticipated growth, Targa will construct three new natural gas processing plants and a new 70-mile pipeline in the Permian Delaware, and is evaluating up to five additional plants. These developments enhance Targa's strategic relationship with ExxonMobil and project long-term volume growth and durable free cash flow.
ExxonMobil's Targa deal includes 3 new gas plants—when will they operate?
Targa Resources announced new 20-year, fee-based integrated midstream agreements with ExxonMobil subsidiaries for natural gas gathering, processing, and NGL transportation and fractionation across the Permian Delaware and Permian Midland. To support anticipated volume growth, Targa plans to build three new Permian Delaware processing plants (Wrangler, Ranger, and Ranger II) with a combined capacity of approximately 825 MMcf/d, and a new 70-mile Bull Run II natural gas pipeline, all targeted for service in the first half of 2028. The company also updated its full-year 2026 net growth capital estimate to about $5.0 billion to reflect these new projects.
Targa Resources Announces Expanded Long-Term Midstream Agreements with ExxonMobil in the Permian Basin
Targa Resources Corp. has announced new 20-year midstream agreements with ExxonMobil, significantly expanding their partnership in the Permian Basin for natural gas gathering, processing, and NGL services. To support anticipated production growth, Targa plans to construct three new natural gas processing plants and a new 70-mile pipeline, increasing its 2026 growth capital estimate to approximately $5 billion. These agreements are expected to drive substantial long-term volume growth and enhance Targa's adjusted free cash flow.
Targa Resources stock rises on ExxonMobil midstream deal
Targa Resources Corp. (NYSE:TRGP) shares rose after announcing new 20-year midstream agreements with ExxonMobil subsidiaries for integrated natural gas gathering, processing, and downstream services in the Permian Basin. To support these agreements, Targa will build three new natural gas processing plants and a 70-mile pipeline in the Permian Delaware, leading to an updated 2026 net growth capital estimate of approximately $5.0 billion.
Nippon Life Global Investors Americas Inc. Buys 4,170 Shares of Targa Resources, Inc. $TRGP
Nippon Life Global Investors Americas Inc. increased its stake in Targa Resources, Inc. by 39.4% in the second quarter, purchasing 4,170 additional shares to bring its total holdings to 14,760 shares valued at approximately $3.96 million. Institutional ownership of Targa Resources remains high at 92.13%, with analysts maintaining a "Buy" rating and an average price target of $295.35. Targa Resources also surpassed quarterly earnings expectations, reporting adjusted earnings per share of $3.54 against a $2.83 consensus estimate.
Global Retirement Partners LLC Invests $7.87 Million in Targa Resources, Inc. $TRGP
Global Retirement Partners LLC has acquired a new position in Targa Resources, Inc. (NYSE:TRGP), purchasing 29,359 shares valued at approximately $7.87 million during the second quarter. This move is part of broader institutional investment activity, with other hedge funds also adjusting their stakes in the pipeline company. Targa Resources recently reported earnings that beat analyst estimates and announced a quarterly dividend.
Targa Resources, Inc. $TRGP Shares Purchased by Mitsubishi UFJ Trust & Banking Corp
Mitsubishi UFJ Trust & Banking Corp significantly increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 18.5% in the second quarter, now owning 562,038 shares valued at over $150 million. Other institutional investors also adjusted their positions, with hedge funds collectively owning 92.13% of the company's stock. Analysts generally rate TRGP as a "Buy" with an average price target of $295.35, following its recent earnings beat and dividend announcement.
HighTower Advisors LLC Decreases Position in Targa Resources, Inc. $TRGP
HighTower Advisors LLC reduced its stake in Targa Resources, Inc. by 3.5% in the second quarter, selling 6,333 shares and now owning 175,858 shares valued at $47.15 million. Despite this decrease, other institutional investors like State Street Corp, Geode Capital Management LLC, and Goldman Sachs Group Inc. increased their holdings in the pipeline company. Targa Resources recently reported strong earnings, exceeding analyst expectations, and declared a quarterly dividend of $1.25 per share.
AlTi Global Inc. Takes Position in Targa Resources, Inc. $TRGP
AlTi Global Inc. has acquired a significant stake in Targa Resources, purchasing 63,850 shares valued at approximately $17.1 million during the second quarter. This move is part of broader institutional interest, with hedge funds and institutional investors collectively owning over 92% of the company's stock. Targa Resources recently reported strong quarterly EPS of $3.54, surpassing analyst estimates, and maintains a quarterly dividend of $1.25.
Energy Stocks To Watch As Inflation And Oil Prices Stay In Focus
This article highlights three energy sector stocks—GeoPark (GPRK), Tidewater (TDW), and Targa Resources (TRGP)—that are positioned to benefit from rising inflation and oil prices. GeoPark offers direct exposure to crude and gas prices in Latin America, Tidewater provides offshore support vessels, and Targa Resources operates as a midstream company connecting oil and gas fields to buyers. Each company presents potential upsides due to current market conditions but also carries specific risks such as high debt, cyclical demand, and valuation concerns.
Energy Stocks To Watch As Inflation And Oil Prices Stay In Focus
This article identifies three energy sector stocks—GeoPark (GPRK), Tidewater (TDW), and Targa Resources (TRGP)—that are well-positioned amidst rising inflation, high energy prices, and geopolitical risks. It provides an overview of each company's operations, market cap, and how they are impacted by current market trends, highlighting both their potential upsides and significant risks. The article encourages investors to use screening tools to find companies that align with their risk and reward views.
Targa Resources (TRGP) Stock Looks Fairly Valued Following Its 7x Five Year Run
Targa Resources (TRGP) stock has seen a significant 7x return over the past five years, but valuation checks suggest it is now fairly valued rather than a clear bargain. While the stock's current P/E ratio of 26.2x is above the industry average, it aligns closely with its tailored fair P/E ratio of 24.7x, indicating the market is already pricing in expectations for future growth. Investors will need to monitor whether the company can continue to deliver strong earnings and cash generation to justify its premium multiple.
Principal Financial Group Inc. Sells 22,847 Shares of Targa Resources, Inc. $TRGP
Principal Financial Group Inc. reduced its stake in Targa Resources, Inc. by 4.4% in the second quarter, selling 22,847 shares but still retaining 492,448 shares valued at approximately $132 million. Despite this sale, institutional investors collectively hold a significant 92.13% of the company's stock. Analysts generally maintain a bullish outlook on Targa Resources, with a consensus "Buy" rating and an average price target of $295.35, following the company's recent earnings beat and dividend announcement.
Massachusetts Financial Services Co. MA Boosts Position in Targa Resources, Inc. $TRGP
Massachusetts Financial Services Co. MA increased its stake in Targa Resources, Inc. by 1.1% in the second quarter, now holding 1.06 million shares valued at $284.8 million. Institutional investors collectively own a significant 92.13% of the company. Targa Resources recently beat earnings estimates with $3.54 per share but missed revenue forecasts, and analysts maintain a consensus "Buy" rating with an average price target of $295.35.
Jennison Associates LLC Purchases 16,072 Shares of Targa Resources, Inc. $TRGP
Jennison Associates LLC has increased its stake in Targa Resources, Inc. by 7.4% in the second quarter, purchasing an additional 16,072 shares, bringing their total holdings to 234,129 shares valued at $62.8 million. Other institutional investors also adjusted their positions, and collective institutional ownership stands at 92.13%. Analysts generally maintain a "Buy" rating for Targa Resources with a consensus price target of $295.35, following a quarter where the company exceeded EPS estimates but missed on revenue, and paid a quarterly dividend of $1.25 per share.
Golar LNG (GLNG) Stock Jumped, What Is Driving Attention Now?
Golar LNG (GLNG) stock has gained attention following stronger-than-expected quarterly earnings and significant expansion plans for its floating LNG (FLNG) fleet. The company's valuation suggests it is 12.9% undervalued, with a fair value of $60.28 against its current share price of $52.49, primarily due to long-term FLNG contracts and projected cash flow growth. Investors are encouraged to review the company's risks and rewards, considering both the optimism around FLNG demand and potential challenges if demand softens.
Acumen Wealth Advisors LLC Has $2.41 Million Holdings in Targa Resources, Inc. $TRGP
Acumen Wealth Advisors LLC significantly increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 171.1% in the second quarter, bringing its total holdings to 8,977 shares valued at $2.41 million. This move is supported by a broadly bullish analyst consensus, with most analysts recommending a "Buy" rating and an average price target of $295.35. Targa Resources also reported strong quarterly earnings, exceeding estimates, and paid a quarterly dividend of $1.25 per share.
