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| 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 | 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 |