Targa Exploration (XCNQ:TEX) Buyback Yield % : -36.40 (As of Jun. 16, 2024)

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What is Targa Exploration Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Targa Exploration's current buyback yield was -36.40%.

Targa Exploration Buyback Yield % Historical Data

The historical data trend for Targa Exploration's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Targa Exploration Buyback Yield % Chart

Targa Exploration Annual Data

Trend

Mar20

Mar21

Mar22

Buyback Yield %

Targa Exploration Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Buyback Yield %	Get a 7-Day Free Trial						-	-	-	-45.82	-86.97

Competitive Comparison of Targa Exploration's Buyback Yield %

For the Other Industrial Metals & Mining subindustry, Targa Exploration's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Targa Exploration's Buyback Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Targa Exploration's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Targa Exploration's Buyback Yield % falls into.

Targa Exploration Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Targa Exploration's Buyback Yield for the fiscal year that ended in Mar. 2022 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	1.258)	/	0
	=	N/A%

Targa Exploration's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	2.07)	*	4	/	9.5200625
	=	-86.97%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Dec. 2023) data.

Targa Exploration Buyback Yield % Related Terms

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Targa Exploration (XCNQ:TEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Targa Exploration Corp (XCNQ:TEX) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

TRGEF:USA V6Y:Germany

Address

1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7

Website

https://www.targaexploration.com

Targa Exploration Corp is engaged in the acquisition, exploration, and development of mineral properties in Canada and currently has an interest in the Shanghai property located in the Mayo Mining District, Yukon Territory. The projects of the company include the Opinaca lithium project, Superior lithium projects, Shanghai gold-silver project, and others.

Executives

Andrew Rockandel

Director