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

Targa Resources (TRGP) reported Asset Writedowns and Impairment of $2.2 million for Q4 2024, up 144.44% year-over-year from $900000.0 in Q1 2024, and down 21.43% quarter-over-quarter 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.

  • Asset Writedowns and Impairment for Q4 2024 came in at $2.2 million, up 144.44% year-over-year; the trailing twelve-month figure through Dec 2024 was $6.2 million (down 10.14% YoY), and the FY2024 annual result was $6.2 million, down 10.14% from the prior year.
  • Asset Writedowns and Impairment fell to $2.2 million in Q4 2024 per TRGP's latest filing, 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.
  • A 5-year average of $163.1 million and a median of $2.0 million in 2023 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment slumped 99.86% in 2021, then soared 440.0% in 2022.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at $13.5 million in 2020, then surged by 3250.37% to $452.3 million in 2021, then plunged by 98.65% to $6.1 million in 2022, then sank by 85.25% to $900000.0 in 2023, then surged by 144.44% to $2.2 million in 2024.
  • Business Quant data shows TRGP's Asset Writedowns and Impairment at $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 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 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