$1000 Invested In Targa Resources 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Targa Resources (NYSE:TRGP) has outperformed the market with an annualized return of 21.07%, turning a $1000 investment into $2,592.39 today. The company currently has a market capitalization of $23.57 billion.

March 14, 2024 | 9:00 pm
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POSITIVE IMPACT
Targa Resources has shown a remarkable performance over the past 5 years with an annualized return of 21.07%, significantly outperforming the market.
The significant outperformance of Targa Resources over the past 5 years, with an annualized return of 21.07%, indicates a strong and consistent growth trajectory. This performance, coupled with a substantial market capitalization of $23.57 billion, suggests a positive outlook for the stock in the short term. Investors may view this historical performance as indicative of the company's ability to generate value, potentially leading to increased demand for TRGP shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100