DJ Targa Resources Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Targa Resources Corp. (TRGP) rose 2.51% to $201.73 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
Targa Resources Corp. closed 7.68% 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 Monday, as Enterprise Products Partners L.P. $(EPD.AU)$ rose 1.47% to $33.13, Kinder Morgan Inc. $(KMI)$ rose 1.43% to $27.58, and Cheniere Energy Inc. (LNG) rose 2.64% to $229.56.
Trading volume (1.4 M) remained 267,342 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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(END) Dow Jones Newswires
February 03, 2025 16:52 ET (21:52 GMT)
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