DJ Targa Resources Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Targa Resources Corp. (TRGP) slid 2.59% to $181.98 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.78% to 5,738.52 and Dow Jones Industrial Average falling 0.99% to 42,579.08.
This was the stock's fourth consecutive day of losses.
Targa Resources Corp. closed 16.72% below its 52-week high of $218.51, which the company achieved on January 22nd.
The stock underperformed when compared to some of its competitors Thursday, as Enterprise Products Partners L.P. $(EPD.AU)$ fell 1.03% to $32.75, Kinder Morgan Inc. $(KMI)$ fell 1.57% to $26.31, and Cheniere Energy Inc. (LNG) fell 0.99% to $215.41.
Trading volume (1.7 M) remained 6,979 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2025.
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March 06, 2025 16:52 ET (21:52 GMT)
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