Targa Resources Corp Drops to 455th in Trading Volume Ranking as Shares Fall 1.04 Percent

On June 17, 2025, Targa Resources Corp. (TRGP) experienced a significant decline in trading volume, with a total of $168 million in shares traded, marking a 56.81% decrease from the previous day. This drop placed Targa at the 455th position in terms of trading volume among all stocks for the day. The company's stock price also fell by 1.04%, marking the second consecutive day of decline, with a total decrease of 2.92% over the past two days.

Targa Resources Corp. has demonstrated impressive growth over the past year, with its shares rising by 43.9%. This performance significantly outpaces the broader Oils-Energy sector, which saw a 7.2% increase during the same period. Within the Oil Refining & Marketing sub-industry, which rose by 28%, Targa stands out as a top performer. The company's strong financial performance is driven by its strategic advantages, including a dominant footprint in the Permian Basin and a robust fee-based contract structure.

Targa's operations are divided into two primary segments: Gathering and Processing, and Logistics and Transportation. The company generates revenue by charging fees for services such as moving, processing, and storing natural gas, NGLs, and crude oil. This fee-based model provides stability even in volatile commodity price environments, making Targa an attractive investment option. The company's strategic position in the Permian Basin, the most prolific oil and gas region in the United States, further enhances its growth prospects. Targa's integrated infrastructure, including processing plants and pipelines, ensures flow assurance and captures value across the midstream chain. New projects like Pembrook II and Bull Moose II are expected to further enhance capacity and drive future growth.