Targa Exploration (XCNQ:TEX) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)

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What is Targa Exploration 5-Year Yield-on-Cost %?

Targa Exploration's yield on cost for the quarter that ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Targa Exploration's 5-Year Yield-on-Cost % or its related term are showing as below:

XCNQ:TEX's 5-Year Yield-on-Cost % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Targa Exploration's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Targa Exploration's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Targa Exploration's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Targa Exploration's 5-Year Yield-on-Cost % falls into.

Targa Exploration 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Targa Exploration is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Targa Exploration (XCNQ:TEX) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Targa Exploration 5-Year Yield-on-Cost % 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 » 5-Year Yield-on-Cost %

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