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Targa Resources Corp. press release

Shares of Targa Resources Inc. (TRGP) Rise Above Previous 52-Week High

NYSE - New York Stock Exchange · Natural Gas · Natural Gas Liquids · Oil · United States

Targa Resources Inc. (NYSE:TRGP)traded today at a new 52-week high of $72.03. So far today approximately 393,000 shares have been exchanged, as compared to an average 30-day volume of 1.7 million shares.

Targa Resources Inc. share prices have moved between a 52-week high of $72.03 and a 52-week low of $29.95 and are now trading 139% above that low price at $71.58 per share.

Based on a current price of $71.58, Targa Resources Inc. is currently 2.9% above its average consensus analyst price target of $69.53.

Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has 813,000 barrels a day of gross fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline recently entered full service.

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Earlier from Targa Resources Corp.