Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Targa Resources (NYSE:TRGP) has outperformed the market over the past 5 years by 10.99% on an annualized basis producing an average annual return of 24.63%. Currently, Targa Resources has a market capitalization of $26.06 billion.
Buying $1000 In TRGP: If an investor had bought $1000 of TRGP stock 5 years ago, it would be worth $2,927.58 today based on a price of $117.55 for TRGP at the time of writing.
Targa Resources's Performance Over Last 5 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.
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![If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,900 Today](https://d51-invdn-com.investing.com/content/picdbff3c3a78dbed1f8eb961847d47435b.png)