Here’s How Much You Would Have Made Owning Targa Resources Stock In The Last 10 Years

Targa Resources (NYSE:TRGP) has outperformed the market over the past 10 years by 6.42% on an annualized basis producing an average annual return of 20.0%. Currently, Targa Resources has a market capitalization of $62.75 billion.

Buying $1000 In TRGP: If an investor had bought $1000 of TRGP stock 10 years ago, it would be worth $6,302.57 today based on a price of $288.09 for TRGP at the time of writing.

Targa Resources’s Performance Over Last 10 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.