Targa Resources (TRGP) Asset Writedowns and Impairment (2017 - 2024)

Targa Resources' (TRGP) quarterly Asset Writedowns and Impairment came in at $2.2 million in Q4 2024, up 144.44% year-on-year from $900000.0 in Q1 2024, and down 21.43% on a QoQ basis from $2.8 million in Q3 2024.

Targa Resources (TRGP) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends

Targa Resources (TRGP) has 7 years of Asset Writedowns and Impairment data on file, last reported at $2.2 million in Q4 2024.

  • On a quarterly basis, Asset Writedowns and Impairment rose 144.44% year-over-year to $2.2 million in Q4 2024; TTM through Dec 2024 was $6.2 million, a 10.14% decrease from a year earlier, with the FY2024 full-year figure at $6.2 million, down 10.14% from the prior year.
  • Asset Writedowns and Impairment for Q4 2024 stood at $2.2 million, down from $2.8 million in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for TRGP reached as high as $2.4 billion in Q1 2020 and fell as low as $200000.0 in Q2 2024.
  • Historically, Asset Writedowns and Impairment has averaged $163.1 million across 5 years, with a median of $2.0 million in 2023.
  • Across the five-year window, Asset Writedowns and Impairment plunged 99.86% in 2021 and jumped 440.0% in 2022, its largest moves.
  • Year by year, Asset Writedowns and Impairment stood at $13.5 million in 2020, then surged by 3250.37% to $452.3 million in 2021, then sank by 98.65% to $6.1 million in 2022, then slumped by 85.25% to $900000.0 in 2023, then surged by 144.44% to $2.2 million in 2024.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $2.2 million in Q4 2024, $2.8 million in Q3 2024, and $200000.0 in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DHT Holdings 2,941.98 Bn 2,941.86 Bn 167.16 Mn
2 Flex LNG 1,637.38 Bn 1,636.99 Bn 61.79 Mn
3 Enbridge 122.24 Bn 120.91 Bn 6.70 Bn
4 Kinder Morgan 113.36 Bn 113.24 Bn 3.07 Bn
5 Enterprise Products Partners 82.90 Bn 81.71 Bn -
6 Tc Energy 72.06 Bn 66.37 Bn 1.36 Bn
7 Energy Transfer 69.55 Bn 68.57 Bn 6.62 Bn
8 Mplx 59.71 Bn 58.21 Bn 1.95 Bn
9 Targa Resources 58.99 Bn 58.89 Bn 1.70 Bn
10 Oneok 57.55 Bn 57.38 Bn 8.98 Bn

Historic Data

Download Data
DateValue
Dec 31, 2024 2.20 Mn
Dec 31, 2024 2.20 Mn
Sep 30, 2024 2.80 Mn
Sep 30, 2024 2.80 Mn
Jun 30, 2024 200,000.00
Jun 30, 2024 200,000.00
Mar 31, 2024 1.00 Mn
Mar 31, 2024 1.00 Mn
Dec 31, 2023 900,000.00
Dec 31, 2023 900,000.00
Sep 30, 2023 3.40 Mn
Sep 30, 2023 3.40 Mn
Jun 30, 2023 1.70 Mn
Jun 30, 2023 1.70 Mn
Mar 31, 2023 900,000.00
Mar 31, 2023 900,000.00
Dec 31, 2022 6.10 Mn
Dec 31, 2022 6.10 Mn
Sep 30, 2022 2.70 Mn
Sep 30, 2022 2.70 Mn