Tag: Targa Resources Partners LP

  • Why These Stocks Surged On Unusual Volume: Targa Resources Partners LP (NYSE:NGLS), Allergan (NYSE:AGN), Diamondback Energy (NASDAQ:FANG)

    Targa Resources Partners LP (NYSE:NGLS) revenue growth greatly exceeded the industry average of 7.6%. Since the same quarter one year prior, revenues rose by 41.5%. Growth in the company’s revenue appears to have helped boost the earnings per share. Targa Resources Partners LP (NYSE:NGLS) shares after opening at $61.55 moved to $62.26 on last trade day and at the end of the day closed at $62.04. Company price to sales ratio in past twelve months was calculated as 1.09 and price to cash ratio as 123.73. Targa Resources Partners LP (NYSE:NGLS) showed a positive weekly performance of 3.26%.

    Allergan, Inc. (NYSE:AGN) became aware of public filings made by Valeant Pharmaceuticals International, Inc. (“Valeant”) and Pershing Square Capital Management, L.P. (“Pershing Square”) regarding Valeant’s purported intention to propose a merger in which the Company’s stockholders would receive a combination of Valeant common shares and cash in exchange for the outstanding shares of the Company’s common stock. Allergan, Inc. (NYSE:AGN) shares advanced 6.03% in last trading session and ended the day on $142.00. AGN return on equity ratio is recorded as 14.70% and its return on assets is 8.80%. Allergan, Inc. (NYSE:AGN) yearly performance is 25.10%.

    Diamondback Energy, Inc. (NASDAQ:FANG) on 10 April announced updated guidance for the full year of 2014 to reflect its recent acquisition in southwest Martin County and provided an operational update for the quarter ended March 31, 2014. Diamondback Energy Inc. (NASDAQ:FANG) shares moved up 1.61% in last trading session and was closed at $74.52, while trading in range of $71.86 – $74.65. Diamondback Energy Inc. (NASDAQ:FANG) year to date (YTD) performance is 40.92%.