Targa Resources (NYSE:TRGP) has outperformed the market over the past 15 years by 2.4% on an annualized basis producing an average annual return of 14.77%. Currently, Targa Resources has a market capitalization of $55.50 billion.
Buying $1000 In TRGP: If an investor had bought $1000 of TRGP stock 15 years ago, it would be worth $8,176.38 today based on a price of $258.58 for TRGP at the time of writing.
Targa Resources’s Performance Over Last 15 Years
Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Login to comment