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
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