Here's How Much $1000 Invested In Targa Resources 5 Years Ago Would Be Worth Today

Targa Resources TRGP has outperformed the market over the past 5 years by 10.76% on an annualized basis producing an average annual return of 22.48%. Currently, Targa Resources has a market capitalization of $25.16 billion.

Buying $1000 In TRGP: If an investor had bought $1000 of TRGP stock 5 years ago, it would be worth $2,815.14 today based on a price of $113.05 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.