Targa Resources (TRGP) Goodwill (2015 - 2019)

Targa Resources (TRGP) reported Goodwill of $571.4 million for Q4 2019, little changed year-over-year from $571.4 million in Q4 2018, and up 1126.18% quarter-over-quarter from $46.6 million in Q3 2019.

Targa Resources (TRGP) Goodwill (2015 - 2019) Analysis & Trends

Targa Resources (TRGP) has 5 years of Goodwill data on file, last reported at $571.4 million in Q4 2019.

  • Goodwill for Q4 2019 came in at $571.4 million, changed 0.0% year-over-year; the trailing twelve-month figure through Dec 2019 was $571.4 million (changed 0.0% YoY), and the FY2019 annual result was $571.4 million, changed 0.0% from the prior year.
  • Goodwill improved to $571.4 million in Q4 2019 per TRGP's latest filing, from $46.6 million in the prior quarter.
  • Over five years, Goodwill peaked at $571.4 million in Q4 2017 and troughed at $46.6 million in Q1 2019.
  • A 5-year average of $349.0 million and a median of $381.0 million in 2016 frame the typical range for Goodwill.
  • The sharpest annual moves came in 2017 and 2019: Goodwill soared 172.1% in 2017, then plunged 81.84% in 2019.
  • A 5-year view of Goodwill shows it stood at $417.0 million in 2015, then plunged by 49.64% to $210.0 million in 2016, then jumped by 172.1% to $571.4 million in 2017, then changed by 0.0% to $571.4 million in 2018, then changed by 0.0% to $571.4 million in 2019.
  • Business Quant data shows TRGP's Goodwill at $571.4 million in Q4 2019, $46.6 million in Q3 2019, and $46.6 million in Q2 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn

Historic Data

Download Data
DateValue
Dec 31, 2019 571.40 Mn
Sep 30, 2019 46.60 Mn
Jun 30, 2019 46.60 Mn
Mar 31, 2019 46.60 Mn
Dec 31, 2018 571.40 Mn
Sep 30, 2018 256.60 Mn
Jun 30, 2018 256.60 Mn
Mar 31, 2018 256.60 Mn
Dec 31, 2017 571.40 Mn
Sep 30, 2017 256.60 Mn
Jun 30, 2017 256.60 Mn
Mar 31, 2017 369.00 Mn
Dec 31, 2016 210.00 Mn
Sep 30, 2016 393.00 Mn
Jun 30, 2016 393.00 Mn
Mar 31, 2016 393.00 Mn
Dec 31, 2015 417.00 Mn
Sep 30, 2015 551.40 Mn
Jun 30, 2015 557.90 Mn
Mar 31, 2015 557.90 Mn