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 | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 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 |