Targa Resources Corp. Stock Rallies 3.3%, Outperforms Peers

Dow Jones08-15 04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Targa Resources Corp. advanced 3.3% to $275.79 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,785.76 and Dow Jones Industrial Average falling 0.2% to 53,732.41.

Targa Resources Corp. closed 5.2% short of its 52-week high of $291.04, which the company achieved on July 24th.

The stock outperformed some of its peers, as Enterprise Products Partners L.P. rose 2.3% to $38.90, Kinder Morgan Inc. rose 2.3% to $32.82, and Cheniere Energy Inc. rose 1.94% to $271.64.

Trading volume totaled 716,080, compared to the 50-day average of 1.2 million.

Data source: Dow Jones Market Data, FactSet

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