Targa Resources (TRGP) Goodwill (2015 - 2019)

Targa Resources' (TRGP) quarterly Goodwill came in at $571.4 million in Q4 2019, little changed year-on-year from $571.4 million in Q4 2018, and up 1126.18% sequentially from $46.6 million in Q3 2019.

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

Targa Resources' Goodwill history runs 5 years deep, the most recent figure standing at $571.4 million for Q4 2019.

  • In Q4 2019, Goodwill changed 0.0% year-over-year to $571.4 million; the TTM figure through Dec 2019 stood at $571.4 million (changed 0.0% YoY), while the FY2019 annual figure was $571.4 million, changed 0.0% from the prior year.
  • Goodwill came in at $571.4 million for Q4 2019 at Targa Resources, up 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.
  • The 5-year median for Goodwill is $381.0 million (2016), against an average of $349.0 million.
  • The widest annual swing landed in 2017, when Goodwill jumped 172.1%; it then sank 81.84% in 2019.
  • A 5-year view of Goodwill shows it stood at $417.0 million in 2015, then sank by 49.64% to $210.0 million in 2016, then surged 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.
  • Per Business Quant data, the three most recent Goodwill figures were $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 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn

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