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% sequentially from $2.8 million in Q3 2024.
Targa Resources (TRGP) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends
Targa Resources' Asset Writedowns and Impairment history runs 7 years deep, the most recent figure standing at $2.2 million for Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment rose 144.44% year-over-year to $2.2 million; the TTM figure through Dec 2024 stood at $6.2 million (down 10.14% YoY), while the FY2024 annual figure was $6.2 million, down 10.14% from the prior year.
- Asset Writedowns and Impairment came in at $2.2 million for Q4 2024 at Targa Resources, down from $2.8 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $2.4 billion in Q1 2020 and troughed at $200000.0 in Q2 2024.
- The 5-year median for Asset Writedowns and Impairment is $2.0 million (2023), against an average of $163.1 million.
- The widest annual swing landed in 2021, when Asset Writedowns and Impairment tumbled 99.86%; it then jumped 440.0% in 2022.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $13.5 million in 2020, then soared 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 soared 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |