Targa Resources (TRGP) Current Taxes (2013 - 2020)
Targa Resources' (TRGP) quarterly Current Taxes came in at $85.9 million in Q3 2020, up 7.51% year-on-year from $79.9 million in Q4 2019, and up 132.16% on a QoQ basis from $37.0 million in Q1 2020.
Targa Resources (TRGP) Current Taxes (2013 - 2020) Analysis & Trends
Targa Resources (TRGP) has 8 years of Current Taxes data on file, last reported at $85.9 million in Q3 2020.
- On a quarterly basis, Current Taxes rose 7.51% year-over-year to $85.9 million in Q3 2020; TTM through Sep 2020 was $85.9 million, a 7.51% increase from a year earlier, with the FY2019 full-year figure at $62.4 million, up 30.82% from the prior year.
- Current Taxes for Q3 2020 stood at $85.9 million, up from $37.0 million in the prior quarter.
- Over the last five years, Current Taxes for TRGP reached as high as $90.4 million in Q3 2018 and fell as low as $19.1 million in Q1 2016.
- Historically, Current Taxes has averaged $48.7 million across 5 years, with a median of $46.4 million in 2017.
- Across the five-year window, Current Taxes soared 80.6% in 2016 and retreated 11.62% in 2019, its largest moves.
- Year by year, Current Taxes stood at $24.2 million in 2016, then rose by 11.98% to $27.1 million in 2017, then surged by 76.01% to $47.7 million in 2018, then jumped by 30.82% to $62.4 million in 2019, then surged by 37.66% to $85.9 million in 2020.
- Per Business Quant data, the three most recent Current Taxes figures were $85.9 million in Q3 2020, $37.0 million in Q1 2020, and $62.4 million in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (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 | 216.00 Mn |
| 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 | 79.60 Mn |
| 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 |
|---|---|
| Sep 30, 2020 | 85.90 Mn |
| Mar 31, 2020 | 37.00 Mn |
| Dec 31, 2019 | 62.40 Mn |
| Sep 30, 2019 | 79.90 Mn |
| Jun 30, 2019 | 61.50 Mn |
| Mar 31, 2019 | 40.50 Mn |
| Dec 31, 2018 | 47.70 Mn |
| Sep 30, 2018 | 90.40 Mn |
| Jun 30, 2018 | 58.50 Mn |
| Mar 31, 2018 | 29.50 Mn |
| Dec 31, 2017 | 27.10 Mn |
| Sep 30, 2017 | 61.20 Mn |
| Jun 30, 2017 | 45.00 Mn |
| Mar 31, 2017 | 22.60 Mn |
| Dec 31, 2016 | 24.20 Mn |
| Sep 30, 2016 | 49.60 Mn |
| Jun 30, 2016 | 34.80 Mn |
| Mar 31, 2016 | 19.10 Mn |
| Dec 31, 2015 | 13.40 Mn |
| Sep 30, 2015 | 42.80 Mn |