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
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