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
DateValue
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