Targa Resources Corp. press release
Shares of Targa Resources Inc. (TRGP) Have Risen 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 $76.56. Approximately 128,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.
In the past 52 weeks, Targa Resources Inc. share prices are bracketed by a low of $30.60 and a high of $76.56 and is now at $75.93, 148% above that low price.
Targa Resources Inc. (NYSE:TRGP) is currently priced 1.6% above its average consensus analyst price target of $74.70.
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 840,000 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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