DJ Targa Resources Corp. Stock Underperforms Wednesday When Compared To Competitors

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Shares of Targa Resources Corp. (TRGP) shed 1.27% to $200.59 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.

This was the stock's second consecutive day of losses.

Targa Resources Corp. closed 8.20% short of its 52-week high of $218.51, which the company achieved on January 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Enterprise Products Partners L.P. $(EPD.AU)$ fell 0.84% to $32.93, Kinder Morgan Inc. $(KMI)$ fell 1.90% to $26.28, and Cheniere Energy Inc. (LNG) fell 4.51% to $209.32.

Trading volume (1.3 M) remained 256,299 below its 50-day average volume of 1.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.

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February 12, 2025 16:52 ET (21:52 GMT)

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