DJ Targa Resources Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Targa Resources Corp. (TRGP) slid 1.56% to $177.90 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.07% to 43,325.80 and the S&P 500 Index falling 0.04% to 6,037.59.
The stock's fall snapped a four-day winning streak.
Targa Resources Corp. closed $31.97 short of its 52-week high ($209.87), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Thursday, as Enterprise Products Partners L.P. $(EPD.AU)$ fell 1.11% to $31.14, Kinder Morgan Inc. $(KMI)$ fell 0.29% to $27.25, and Cheniere Energy Inc. (LNG) fell 0.10% to $210.27.
Trading volume (944,200) remained 822,542 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 26, 2024.
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(END) Dow Jones Newswires
December 26, 2024 16:59 ET (21:59 GMT)
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