Targa Resources (TRGP) Interest Expenses (2010 - 2015)

Targa Resources (TRGP) reported Interest Expenses of -$26.2 million for Q4 2015, down 918.75% year-over-year from $3.2 million in Q4 2014, and down 5340.0% quarter-over-quarter from $500000.0 in Q3 2015.

Targa Resources (TRGP) Interest Expenses (2010 - 2015) Analysis & Trends

Targa Resources (TRGP) has 6 years of Interest Expenses data on file, last reported at -$26.2 million in Q4 2015.

  • Interest Expenses for Q4 2015 came in at -$26.2 million, down 918.75% year-over-year; the trailing twelve-month figure through Sep 2016 was -$26.2 million (down 808.11% YoY), and the FY2021 annual result was $6.0 million, down 52.0% from the prior year.
  • Interest Expenses slipped to -$26.2 million in Q4 2015 per TRGP's latest filing, 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.
  • A 5-year average of $10.4 million and a median of $28.5 million in 2011 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2014 and 2015: Interest Expenses soared 103.85% in 2014, then tumbled 918.75% in 2015.
  • A 5-year view of Interest Expenses shows it stood at $28.4 million in 2011, then sank by 409.15% to -$87.8 million in 2012, then climbed by 5.24% to -$83.2 million in 2013, then soared by 103.85% to $3.2 million in 2014, then plunged by 918.75% to -$26.2 million in 2015.
  • Business Quant data shows TRGP's Interest Expenses at -$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 88.33 Bn 89.03 Bn 6.70 Bn 891.09 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 385.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 947.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -12.23 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 291.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 439.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 626.02 Mn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 255.00 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