Targa Resources (TRGP) Curent Deferred Tax Liability (2011 - 2015)

Targa Resources (TRGP) posted quarterly Curent Deferred Tax Liability of $33.5 million for Q3 2015, up 6600.0% year-over-year from $500000.0 in Q3 2014, and up 5.35% quarter-over-quarter from $31.8 million in Q2 2015.

Targa Resources (TRGP) Curent Deferred Tax Liability (2011 - 2015) Analysis & Trends

Targa Resources (TRGP) has reported Curent Deferred Tax Liability for 5 consecutive years, with $33.5 million the latest figure, recorded in Q3 2015.

  • In Q3 2015, Curent Deferred Tax Liability rose 6600.0% year-over-year to $33.5 million; the TTM figure through Sep 2015 stood at $33.5 million (up 6600.0% YoY), while the FY2013 annual figure was $600000.0, up 200.0% from the prior year.
  • Curent Deferred Tax Liability climbed to $33.5 million in Q3 2015 per TRGP's latest filing, from $31.8 million in the prior quarter.
  • Across five years, Curent Deferred Tax Liability topped out at $47.6 million in Q1 2015 and bottomed at $200000.0 in Q3 2011.
  • Historically, Curent Deferred Tax Liability has averaged $12.7 million across 5 years, with a median of $4.9 million in 2012.
  • Annual changes were most pronounced in 2013 — Curent Deferred Tax Liability plunged 81.98% — and 2015, when it soared 6600.0%.
  • Targa Resources' Curent Deferred Tax Liability stood at $200000.0 in 2011, then changed by 0.0% to $200000.0 in 2012, then surged by 200.0% to $600000.0 in 2013, then fell by 16.67% to $500000.0 in 2014, then jumped by 6600.0% to $33.5 million in 2015.
  • Business Quant data shows TRGP's Curent Deferred Tax Liability at $33.5 million in Q3 2015, $31.8 million in Q2 2015, and $47.6 million in Q1 2015.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Curent Deferred Tax Liability (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn -
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn -
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - -
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn -
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn -
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn -
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn -
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn -
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn -
10 Venture Global 34.09 Bn 30.87 Bn 2.92 Bn -

Historic Data

Download Data
DateValue
Sep 30, 2015 33.50 Mn
Sep 30, 2015 33.50 Mn
Jun 30, 2015 31.80 Mn
Jun 30, 2015 31.80 Mn
Mar 31, 2015 47.60 Mn
Mar 31, 2015 47.60 Mn
Sep 30, 2014 500,000.00
Sep 30, 2014 500,000.00
Dec 31, 2013 600,000.00
Dec 31, 2013 600,000.00
Sep 30, 2013 2.00 Mn
Sep 30, 2013 2.00 Mn
Jun 30, 2013 7.40 Mn
Jun 30, 2013 7.40 Mn
Mar 31, 2013 3.80 Mn
Mar 31, 2013 3.80 Mn
Dec 31, 2012 200,000.00
Dec 31, 2012 200,000.00
Sep 30, 2012 11.10 Mn
Sep 30, 2012 11.10 Mn