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| 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 |