DJ Targa Resources Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Targa Resources Corp. (TRGP) rose 3.63% to $212.95 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.21% to 5,937.34 and Dow Jones Industrial Average falling 0.16% to 43,153.13.
This was the stock's seventh consecutive day of gains.
Targa Resources Corp. hit a new 52-week high, surpassing its previous peak of $209.87, which the company achieved on November 22nd.
The stock outperformed some of its competitors Thursday, as Enterprise Products Partners L.P. $(EPD.AU)$ rose 0.99% to $33.67, Kinder Morgan Inc. $(KMI)$ rose 2.11% to $30.06, and Cheniere Energy Inc. (LNG) rose 3.16% to $253.66.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 16, 2025.
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January 16, 2025 16:51 ET (21:51 GMT)
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