DJ Targa Resources Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Targa Resources Corp. (TRGP) rallied 2.55% to $183.06 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
This was the stock's third consecutive day of gains.
Targa Resources Corp. closed $26.81 short of its 52-week high ($209.87), which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Enterprise Products Partners L.P. $(EPD.AU)$ rose 1.24% to $31.75, Kinder Morgan Inc. $(KMI)$ rose 2.59% to $28.11, and Cheniere Energy Inc. (LNG) rose 2.67% to $220.60.
Trading volume (1.1 M) remained 611,460 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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(END) Dow Jones Newswires
January 02, 2025 16:58 ET (21:58 GMT)
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