Targa Resources (TRGP) Current Taxes (2013 - 2020)
Targa Resources (TRGP) reported Current Taxes of $85.9 million for Q3 2020, up 7.51% year-over-year from $79.9 million in Q4 2019, and up 132.16% quarter-over-quarter 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.
- Current Taxes for Q3 2020 came in at $85.9 million, up 7.51% year-over-year; the trailing twelve-month figure through Sep 2020 was $85.9 million (up 7.51% YoY), and the FY2019 annual result was $62.4 million, up 30.82% from the prior year.
- Current Taxes improved to $85.9 million in Q3 2020 per TRGP's latest filing, 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.
- A 5-year average of $48.7 million and a median of $46.4 million in 2017 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2016 and 2019: Current Taxes surged 80.6% in 2016, then slipped 11.62% in 2019.
- A 5-year view of Current Taxes shows it stood at $24.2 million in 2016, then climbed 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.
- Business Quant data shows TRGP's Current Taxes at $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 | 88.15 Bn | 88.85 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | - |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 198.00 Mn |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | - |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | - |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 79.60 Mn |
| 10 | Cheniere Energy | 49.81 Bn | 52.01 Bn | 5.86 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 |