DJ Targa Resources Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Targa Resources Corp. (TRGP) slid 3.94% to $249.50 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.46% to 7,365.12 and the Dow Jones Industrial Average rising 1.24% to 49,910.59.
The stock's fall snapped a two-day winning streak.
Targa Resources Corp. closed 4.75% below its 52-week high of $261.95, which the company achieved on May 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Enterprise Products Partners L.P. $(EPD)$ fell 2.44% to $37.56, Kinder Morgan Inc. $(KMI)$ fell 2.20% to $31.58, and Cheniere Energy Inc. (LNG) fell 3.01% to $261.42.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2026.
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May 06, 2026 16:48 ET (20:48 GMT)
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