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| 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 | 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 |