(RTTNews) - While reporting its third-quarter financial results, Targa Resources Corp. (TRGP) also shared some significant business updates.

Targa Resources Orders Equipment For Plant Expansion, Announces Train 14 NGL Fractionator 

In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Assurant Inc (Symbol: AIZ) has taken over the #18 spot from Targa Resources Corp (Symbol: TRGP), according to ETF Channel.  Below is a chart of Assurant Inc versus Ta

Assurant Achieves #18 Analyst Rank, Surpassing Targa Resources Corp

The S&P 500 Index ($SPX ) (SPY ) closed down by -0.69% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.68%.  E-mini S&P futures (ESU26 ) fell -0.69%, and September E-mini...

Stocks Finish Lower as Chipmakers and AI Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) is down by -0.61% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.76%.  E-mini S&P futures (ESU26 ) are down -0.68%, and September E-mini...

Chipmaker Sell-Off Weighs on Stock Indices

The S&P 500 Index ($SPX ) (SPY ) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.17%.  E-mini S&P futures (ESU26 ) are down -0.51%, and September E-mini...

Stocks Retreat as Global Bond Yields Rise

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Targa Resources Corp. News