Targa Resources (TRGP) Interest Expenses (2010 - 2015)
Targa Resources' (TRGP) quarterly Interest Expenses came in at -$26.2 million in Q4 2015, down 918.75% year-on-year from $3.2 million in Q4 2014, and down 5340.0% sequentially from $500000.0 in Q3 2015.
Targa Resources (TRGP) Interest Expenses (2010 - 2015) Analysis & Trends
Targa Resources' Interest Expenses history runs 6 years deep, the most recent figure standing at -$26.2 million for Q4 2015.
- In Q4 2015, Interest Expenses fell 918.75% year-over-year to -$26.2 million; the TTM figure through Sep 2016 stood at -$26.2 million (down 808.11% YoY), while the FY2021 annual figure was $6.0 million, down 52.0% from the prior year.
- Interest Expenses came in at -$26.2 million for Q4 2015 at Targa Resources, down from $500000.0 in the prior quarter.
- Over five years, Interest Expenses peaked at $35.7 million in Q2 2014 and troughed at -$87.8 million in Q4 2012.
- The 5-year median for Interest Expenses is $28.5 million (2011), against an average of $10.4 million.
- The widest annual swing landed in 2014, when Interest Expenses jumped 103.85%; it then plunged 918.75% in 2015.
- A 5-year view of Interest Expenses shows it stood at $28.4 million in 2011, then slumped by 409.15% to -$87.8 million in 2012, then grew by 5.24% to -$83.2 million in 2013, then jumped by 103.85% to $3.2 million in 2014, then sank by 918.75% to -$26.2 million in 2015.
- Per Business Quant data, the three most recent Interest Expenses figures were -$26.2 million in Q4 2015, $500000.0 in Q3 2015, and $3.2 million in Q4 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 385.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 439.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 181.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 444.00 Mn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 167.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2015 | -26.20 Mn |
| Dec 31, 2015 | -26.20 Mn |
| Sep 30, 2015 | 500,000.00 |
| Sep 30, 2015 | 500,000.00 |
| Dec 31, 2014 | 3.20 Mn |
| Dec 31, 2014 | 3.20 Mn |
| Jun 30, 2014 | 35.70 Mn |
| Jun 30, 2014 | 35.70 Mn |
| Mar 31, 2014 | 33.90 Mn |
| Mar 31, 2014 | 33.90 Mn |
| Dec 31, 2013 | -83.20 Mn |
| Dec 31, 2013 | -83.20 Mn |
| Sep 30, 2013 | 33.40 Mn |
| Sep 30, 2013 | 33.40 Mn |
| Jun 30, 2013 | 32.40 Mn |
| Jun 30, 2013 | 32.40 Mn |
| Mar 31, 2013 | 32.10 Mn |
| Mar 31, 2013 | 32.10 Mn |
| Dec 31, 2012 | -87.80 Mn |
| Dec 31, 2012 | -87.80 Mn |