Targa Resources (TRGP) Goodwill (2015 - 2019)

Targa Resources (TRGP) posted quarterly Goodwill of $571.4 million for Q4 2019, up 1126.18% year-over-year from $46.6 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 reported Goodwill for 5 consecutive years, with $571.4 million the latest figure, recorded in Q4 2019.

  • In Q4 2019, Goodwill rose 1126.18% year-over-year to $571.4 million; the TTM figure through Dec 2019 stood at $571.4 million (up 1126.18% YoY), while the FY2019 annual figure was $571.4 million, up 1126.18% from the prior year.
  • Goodwill advanced to $571.4 million in Q4 2019 per TRGP's latest filing, from $46.6 million in the prior quarter.
  • Across five years, Goodwill topped out at $987.1 million in Q2 2017 and bottomed at $46.6 million in Q4 2018.
  • Historically, Goodwill has averaged $380.0 million across 5 years, with a median of $381.0 million in 2016.
  • Annual changes were most pronounced in 2018 — Goodwill plunged 81.84% — and 2019, when it soared 1126.18%.
  • Targa Resources' Goodwill stood at $417.0 million in 2015, then sank by 49.64% to $210.0 million in 2016, then climbed by 22.19% to $256.6 million in 2017, then slumped by 81.84% to $46.6 million in 2018, then jumped by 1126.18% 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 Kinder Morgan 112.04 Bn 113.17 Bn 3.07 Bn
2 Enbridge 111.19 Bn 111.69 Bn 5.23 Bn
3 Enterprise Products Partners 83.98 Bn 83.12 Bn -
4 Energy Transfer 72.48 Bn 71.45 Bn 7.40 Bn
5 Tc Energy 66.71 Bn 66.18 Bn 1.24 Bn
6 Mplx 60.30 Bn 59.27 Bn 2.73 Bn
7 Oneok 59.88 Bn 59.82 Bn 2.81 Bn
8 Targa Resources 59.14 Bn 59.14 Bn 2.14 Bn
9 Cheniere Energy 56.12 Bn 60.17 Bn 5.29 Bn
10 Venture Global 34.82 Bn 35.11 Bn 2.92 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 46.60 Mn
Sep 30, 2018 256.60 Mn
Jun 30, 2018 256.60 Mn
Mar 31, 2018 256.60 Mn
Dec 31, 2017 256.60 Mn
Sep 30, 2017 987.10 Mn
Jun 30, 2017 987.10 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