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| 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 |