Targa Resources Corp. Stock Sheds 4.2%, Underperforms Peers
Dow Jones2026/08/07 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Targa Resources Corp. slid 4.2% to $256.87 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.64 and the Dow Jones Industrial Average rising 0.3% to 54,036.93.
Targa Resources Corp. closed 11.7% short of its 52-week high of $291.04, which the company achieved on July 24th.
The stock underperformed when compared to some of its peers, as Enterprise Products Partners L.P. fell 0.8% to $37.75, Kinder Morgan Inc. fell 1.4% to $30.85, and Cheniere Energy Inc. fell 3.62% to $256.14.
Trading volume totaled 1.4 million, compared to the 50-day average of 1.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 07, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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