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
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