DJ Targa Resources Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Targa Resources Corp. (TRGP) shed 2.85% to $160.57 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.57% to 4,982.77 and Dow Jones Industrial Average falling 0.84% to 37,645.59.
Targa Resources Corp. closed 26.52% 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 Tuesday, as Enterprise Products Partners L.P. $(EPD.AU)$ fell 2.38% to $29.09, Kinder Morgan Inc. $(KMI)$ fell 0.63% to $25.21, and Cheniere Energy Inc. (LNG) rose 1.46% to $205.16.
Trading volume (3.5 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2025.
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April 08, 2025 16:53 ET (20:53 GMT)
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