Here's How Much You Would Have Made Owning Targa Resources Stock In The Last 5 Years

Targa Resources TRGP has outperformed the market over the past 5 years by 42.65% on an annualized basis producing an average annual return of 57.09%. Currently, Targa Resources has a market capitalization of $37.04 billion.

Buying $1000 In TRGP: If an investor had bought $1000 of TRGP stock 5 years ago, it would be worth $9,984.80 today based on a price of $170.74 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.