Targa Resources (TRGP) Sees Significant Share Price Drop Amid Market Downturn

Reported 3 days ago

Targa Resources Corp. (NYSE:TRGP) experienced a 6.83% decline in its share price from September 26 to October 3, 2025, amidst a wider drop in energy stocks, partially due to a reduced price target from BofA. Despite these setbacks, Targa is advancing with major growth projects, including the Speedway NGL Pipeline and a new gas processing plant in the Permian basin, totaling an estimated $1.6 billion investment.

Source: YAHOO

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