cd /news/ai-infrastructure/this-energy-stock-is-spiking-now-its… · home › topics › ai-infrastructure › article
[ARTICLE · art-101652] src=investors.com ↗ pub= topic=ai-infrastructure verified=true sentiment=↑ positive

This Energy Stock Is Spiking Now; Its Exxon Deal Smells Like AI

Targa Resources (TRGP) shares jumped more than 7% after announcing a 20-year deal with Exxon Mobil to build three new natural gas processing plants in the Permian Basin, a move analysts say positions Targa to attract AI-driven power demand from hyperscalers. The stock rose above a flat base buy point at 280, with the deal seen as key to meeting surging electricity needs from data centers.

read1 min views1 publishedAug 18, 2026
This Energy Stock Is Spiking Now; Its Exxon Deal Smells Like AI
Image: source

If Targa wanted to lure in hyperscaler customers, it just secured some tremendous bait. The energy stock is rising on news of a 20-year deal with Exxon for three new natural gas processing plants and related services in the Permian Basin. Targa Resources (TRGP) spiked more than 7%, jumping above a flat base buy point at 280 and an alternate… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

source & further reading
investors.com — original article
── more in #ai-infrastructure 4 stories · sorted by recency
newsletter.doomberg.com · · #ai-infrastructure
Blue Chips
── more on @targa resources 3 stories trending now
sponsored brought to you by zahid.host 4,200+ EU-deployed projects
reading about agents? ship yours in a single git push.

Run your AI side-project on zahid.host

EU-based hosting, git-push deploys, automatic HTTPS, no cold starts. Free tier with a custom domain — perfect for shipping the agent you just read about.

$git push zahid main
→ Live at https://your-agent.zahid.host ✓
Get free account → Pricing
from €0/mo · no card required
LIVE [news/this-energy-stock-is…] indexed:0 read:1min 2026-08-18 · —