IQ CBRE Real Assets ETF(IQRA.US)

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Targa Resources Closes $1.25 Billion Acquisition of Stakeholder Midstream

Targa Resources Corp. has finalized its acquisition of Stakeholder Midstream, LLC for $1.25 billion in cash, effective January 1, 2026. This acquisition enhances Targa's midstream infrastructure assets, improving its capacity to deliver natural gas and NGLs to both domestic and international markets. The announcement was made by Targa Resources Corp.

Reuters·
US
TRGP
+0.06%
Reuters·
US
TRGP
+0.06%

If You Invested $1000 In Targa Resources Stock 10 Years Ago, You Would Have This Much Today

Targa Resources (NYSE:TRGP) has delivered an average annual return of 23.36% over the past decade, outperforming the market by 9.84%. An investment of $1000 in TRGP stock 10 years ago would now be worth $8,215.82, reflecting the significant impact of compounded returns. Targa Resources currently has a market capitalization of $40.82 billion.

benzinga_article·
US
TRGP
+0.06%
benzinga_article·
US
TRGP
+0.06%

WEC Energy Group Sets New Performance Metrics for 2026 Executive Incentive Pay

WEC Energy Group Inc. announced new performance metrics for 2026 executive incentive pay, focusing on financial targets. Annual incentives will be based on earnings per share and cash flow, with adjustments for customer satisfaction and other factors. The Performance Unit Plan will consider shareholder return and return on equity, with potential vesting increases based on stock performance. This announcement was made via EDGAR by WEC Energy Group.

Reuters·
US
WEC
-0.55%
Reuters·
US
WEC
-0.55%

Fermi America Executes Electric Service Agreement with Southwestern Public Service Company, a Subsidiary of Xcel Energy, Securing Up to 200 MW of Power | XEL Stock News

Fermi America has signed an Electric Service Agreement with Southwestern Public Service Company, a subsidiary of Xcel Energy, to secure up to 200 MW of power for its Project Matador Campus. The agreement will start with 86 MW in January 2026, ramping up to 200 MW. This partnership aims to support large-scale AI and computing operations with reliable energy supply.

StockTitan·
US
FRMI
+3.96%
US
XEL
+1.20%
StockTitan·
US
FRMI
+3.96%
US
XEL
+1.20%

BUZZ-U.S. STOCKS ON THE MOVE-Ideaya Biosciences, Omnicom Group, Targa Resources

Wall Street's main indexes traded lower on Monday as investors awaited a speech from Federal Reserve Chair Jerome Powell. The Dow Jones was down 0.72%, S&P 500 down 0.56%, and Nasdaq down 0.65%. Top gainers included Old Dominion Freight Line, Synopsys, and Diamondback Energy. Top losers were Moderna, Robinhood, and Coinbase. Notable stock movements included Ideaya Biosciences rising on FDA trial clearance, Omnicom Group up after layoffs, and Targa Resources gaining on an acquisition deal.

Reuters·
US
OMC
+0.37%
US
TRGP
+0.06%
Reuters·
US
OMC
+0.37%
US
TRGP
+0.06%
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