Targa Resources Corp. Stock Rallies 7.1%, Outperforms Peers
Dow Jones2026/08/18 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Targa Resources Corp. rallied 7.1% to $297.77 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,691.76 and Dow Jones Industrial Average falling 0.2% to 53,343.40.
This was the stock's third consecutive day of gains.
Targa Resources Corp. hit a new 52-week high, surpassing its previous peak of $291.04, which the company reached on July 24th.
The stock outperformed some of its peers, as Enterprise Products Partners L.P. rose 0.1% to $38.64, Kinder Morgan Inc. rose 1.7% to $32.87, and Cheniere Energy Inc. rose 2.57% to $273.78.
Trading volume totaled 2.5 million, compared to the 50-day average of 1.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 18, 2026 16:33 ET (20:33 GMT)
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