Targa Resources (TRGP) Goodwill (2015 - 2019)
Targa Resources' (TRGP) quarterly Goodwill came in at $571.4 million in 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.
Analysis
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.
- On a quarterly basis, Goodwill changed 0.0% year-over-year to $571.4 million in Q4 2019; TTM through Dec 2019 was $571.4 million, a 0.0% change from a year earlier, with the FY2019 full-year figure at $571.4 million, changed 0.0% from the prior year.
- Goodwill was $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 Q2 2017.
- A 5-year average of $328.0 million and a median of $381.0 million in 2016 frame the typical range for Goodwill.
- Across the five-year window, Goodwill slumped 88.14% in 2017 and jumped 450.64% in 2018, its largest moves.
- Over 5 years, Goodwill stood at $417.0 million in 2015, then sank by 49.64% to $210.0 million in 2016, then soared 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.
- The last three Goodwill figures came in at $571.4 million (Q4 2019), $46.6 million (Q3 2019), and $46.6 million (Q2 2019), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 46.60 Mn |
| Jun 30, 2017 | 46.60 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 |