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
DateValue
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