DJ Targa Resources Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Targa Resources Corp. (TRGP) slipped 1.72% to $202.04 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.12% to 5,712.20 and Dow Jones Industrial Average falling 0.31% to 42,454.79.
The stock's fall snapped a two-day winning streak.
Targa Resources Corp. closed 7.54% short of its 52-week high of $218.51, which the company reached on January 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Enterprise Products Partners L.P. $(EPD.AU)$ rose 1.01% to $33.84, Kinder Morgan Inc. $(KMI)$ fell 1.21% to $28.48, and Cheniere Energy Inc. (LNG) rose 0.19% to $232.45.
Trading volume (1.3 M) remained 397,857 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 26, 2025.
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(END) Dow Jones Newswires
March 26, 2025 16:50 ET (20:50 GMT)
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