Targa Resources (TRGP) Long-Term Deferred Tax (2010 - 2021)
Targa Resources' (TRGP) quarterly Long-Term Deferred Tax came in at $65.1 million in Q4 2021, down 66.87% year-on-year from $196.5 million in Q4 2020, and down 66.87% sequentially from $196.5 million in Q4 2020.
Targa Resources (TRGP) Long-Term Deferred Tax (2010 - 2021) Analysis & Trends
Targa Resources' Long-Term Deferred Tax history runs 12 years deep, the most recent figure standing at $65.1 million for Q4 2021.
- In Q4 2021, Long-Term Deferred Tax fell 66.87% year-over-year to $65.1 million; the TTM figure through Dec 2021 stood at $65.1 million (down 66.87% YoY), while the FY2021 annual figure was $65.1 million, down 66.87% from the prior year.
- Long-Term Deferred Tax came in at $65.1 million for Q4 2021 at Targa Resources, down from $196.5 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $196.5 million in Q4 2020 and troughed at $39.9 million in Q4 2017.
- The 5-year median for Long-Term Deferred Tax is $53.8 million (2019), against an average of $80.4 million.
- The widest annual swing landed in 2020, when Long-Term Deferred Tax jumped 265.24%; it then plunged 66.87% in 2021.
- A 5-year view of Long-Term Deferred Tax shows it stood at $39.9 million in 2017, then gained by 17.04% to $46.7 million in 2018, then increased by 15.2% to $53.8 million in 2019, then jumped by 265.24% to $196.5 million in 2020, then slumped by 66.87% to $65.1 million in 2021.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $65.1 million in Q4 2021, $196.5 million in Q4 2020, and $53.8 million in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 65.10 Mn |
| Dec 31, 2020 | 196.50 Mn |
| Dec 31, 2019 | 53.80 Mn |
| Dec 31, 2018 | 46.70 Mn |
| Dec 31, 2017 | 39.90 Mn |
| Dec 31, 2016 | 54.50 Mn |
| Dec 31, 2015 | 43.70 Mn |
| Dec 31, 2014 | 27.90 Mn |
| Dec 31, 2013 | -3.50 Mn |
| Dec 31, 2012 | -3.50 Mn |
| Dec 31, 2011 | -3.50 Mn |
| Dec 31, 2010 | -3.50 Mn |