Targa Resources Corp Surges to 265th in Trading Volume with $634 Million Turnover

On May 30, 2025, Targa Resources Corp. (TRGP) saw a significant increase in trading volume, with a turnover of $634 million, marking a 141.8% rise from the previous day. This surge placed TRGP at the 265th position in terms of trading volume for the day. However, despite the high trading volume, the stock price of TRGP experienced a decline of 0.35%, marking the third consecutive day of losses, with a total decrease of 2.19% over the past three days.

Recent activity in the options market for Targa Resources Corp. (TRGP) has drawn significant attention from investors. The June 20, 2025 $115.00 Call option exhibited notably high implied volatility, indicating that market participants are anticipating substantial price movements in the near future. High implied volatility suggests that investors are bracing for a significant rally or sell-off, potentially driven by upcoming events or market developments.

Analysts have mixed sentiments regarding Targa Resources. The company is currently ranked as a Zacks Rank #3 (Hold) within the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, which places it in the bottom 22% of the Zacks Industry Rank. Over the past 60 days, three analysts have revised their earnings estimates upward for the current quarter, while two have lowered their estimates. This has resulted in a slight adjustment to the Zacks Consensus Estimate for the current quarter, from earnings of $1.94 per share to $1.95.