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% sequentially from $37.0 million in Q1 2020.
Targa Resources (TRGP) Current Taxes (2013 - 2020) Analysis & Trends
Targa Resources' Current Taxes history runs 8 years deep, the most recent figure standing at $85.9 million for Q3 2020.
- In Q3 2020, Current Taxes rose 7.51% year-over-year to $85.9 million; the TTM figure through Sep 2020 stood at $85.9 million (up 7.51% YoY), while the FY2019 annual figure was $62.4 million, up 30.82% from the prior year.
- Current Taxes came in at $85.9 million for Q3 2020 at Targa Resources, up from $37.0 million in the prior quarter.
- Over five years, Current Taxes peaked at $90.4 million in Q3 2018 and troughed at $19.1 million in Q1 2016.
- The 5-year median for Current Taxes is $46.4 million (2017), against an average of $48.7 million.
- The widest annual swing landed in 2016, when Current Taxes soared 80.6%; it then dropped 11.62% in 2019.
- A 5-year view of Current Taxes shows it stood at $24.2 million in 2016, then grew by 11.98% to $27.1 million in 2017, then soared by 76.01% to $47.7 million in 2018, then surged by 30.82% to $62.4 million in 2019, then soared 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 198.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | - |
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 |