DJ Targa Resources Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Targa Resources Corp. (TRGP) slipped 1.26% to $166.45 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.41% to 5,916.93 and the Dow Jones Industrial Average rising 0.65% to 42,322.75.
This was the stock's second consecutive day of losses.
Targa Resources Corp. closed 23.82% short of its 52-week high of $218.51, which the company achieved on January 22nd.
The stock underperformed when compared to some of its competitors Thursday, as Enterprise Products Partners L.P. $(EPD.AU)$ rose 0.91% to $32.29, Kinder Morgan Inc. $(KMI)$ rose 1.97% to $28.00, and Cheniere Energy Inc. (LNG) rose 1.06% to $235.72.
Trading volume (1.9 M) remained 443,804 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2025.
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May 15, 2025 16:54 ET (20:54 GMT)
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