# This Energy Stock Is Spiking Now; Its Exxon Deal Smells Like AI > Source: > Published: 2026-08-18 16:09:36+00:00 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… # This Energy Stock Is Spiking Now; Its Exxon Deal Smells Like AI Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8