Targa Resources Gains 1.31% on $280M Trading Volume as Permian Output Propels 374th Market Activity Rank and Analyst Upgrades

On August 20, 2025, Targa Resources (TRGP) rose 1.31% with a trading volume of $280 million, ranking 374th in market activity. Recent developments highlight the company’s second-quarter 2025 performance, including earnings that exceeded expectations amid record natural gas and NGL volumes in the Permian Basin. This growth underscores operational resilience in a volatile energy market.

Analysts have revised their outlook for TRGP, with Wells Fargo raising its price target to $205 from $191, citing sustained demand and Permian expansion. The firm attributed the upgrade to Targa’s strategic liquidity management and its ability to capitalize on infrastructure bottlenecks in the region. These factors position the stock as a potential beneficiary of sector-specific tailwinds.

A backtest of a strategy involving the top 500 high-volume stocks held for one day from 2022 to 2025 showed mixed results. While the approach generated steady returns over the past year, with a total profit of $2,385.14, it experienced periodic fluctuations, reflecting the inherent volatility of short-term trading strategies in the energy sector.