Targa Resources (TRGP) Dividend Coverage Ratio (2010 - 2021)
Targa Resources' Dividend Coverage Ratio was -4.19 in Q4 2021, compared with -0.24 a year earlier.
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Analysis
Targa Resources (TRGP) Dividend Coverage Ratio (2010 - 2021) Analysis & Trends
For FY2021, Dividend Coverage Ratio at Targa Resources came in at -0.09.
- In earlier years, Dividend Coverage Ratio was -144.00 in FY2020, -29.56 in FY2019, -10.56 in FY2018 and -5.61 in FY2017.
- The Q4 2021 figure marks the lowest quarterly Dividend Coverage Ratio since Q1 2020.
- Per Business Quant data, TRGP's Dividend Coverage Ratio in the three quarters before Q4 2021 was 7.00 (Q3 2021), 1.50 (Q2 2021) and 5.44 (Q1 2021).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 0.66 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.55 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 1.63 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.30 |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.00 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | - |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | - |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | -4.19 |
| Sep 30, 2021 | 7.00 |
| Jun 30, 2021 | 1.50 |
| Mar 31, 2021 | 5.44 |
| Dec 31, 2020 | -0.24 |
| Sep 30, 2020 | 13.18 |
| Jun 30, 2020 | 17.46 |
| Mar 31, 2020 | -632.04 |
| Dec 31, 2019 | -49.83 |
| Sep 30, 2019 | -28.07 |
| Jun 30, 2019 | -14.71 |
| Mar 31, 2019 | -24.89 |
| Dec 31, 2018 | -0.21 |
| Sep 30, 2018 | -0.23 |
| Jun 30, 2018 | 0.35 |
| Mar 31, 2018 | -0.03 |
| Dec 31, 2017 | 0.41 |
| Sep 30, 2017 | -0.89 |
| Jun 30, 2017 | 0.14 |
| Mar 31, 2017 | -0.74 |
API Access
Targa Resources Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();