Targa Resources Corp. (TRGP) Total Return:58.13%(TTM)
Over the latest trailing 12-month period, Targa Resources Corp. (TRGP)'s total return cagr is +58.13%. The comparable SPY value is +26.64%. Year-to-date total return is +44.77%. Total return includes price appreciation and reinvested dividends.
Growth of $10,000 in TRGP
$205,859
(20.6x return)
Invested on Dec 7, 2010
Growth of $10,000 in SPY (S&P 500)
$79,830
(8.0x return)
Invested on Dec 7, 2010
Hypothetical Growth of $10,000
This chart illustrates the cumulative performance of a hypothetical $10,000 investment. It assumes that all dividends paid by both the stock and SPY are reinvested in additional shares on the payment date, showing the true long-term compounding impact of distributions.
Recent Performance Indicators
YTD Total Return
+44.8%
1-Year Total Return
+58.5%
Current Dividend Yield
1.61%
Price CAGR vs. Total Return CAGR
Compound Annual Growth Rate (CAGR) is shown below. The difference between price CAGR and total return CAGR is the compound contribution of dividends reinvested.
| Holding Period | Price CAGR | Total Return CAGR | Dividend Addition |
|---|---|---|---|
| 1 Year | +54.7% | +58.1% | +3.5% |
| 3 Years | +54.9% | +58.3% | +3.4% |
| 5 Years | +42.3% | +45.2% | +2.9% |
| 10 Years | +20.3% | +25.6% | +5.3% |
| 15 Years | +15.4% | +20.5% | +5.1% |
| 20 Years | — | — | — |
About Targa Resources Corp.
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Matthew J. Meloy