Targa Resources (TRGP) Long-Term Deferred Tax (2010 - 2021)
Targa Resources (TRGP) reported Long-Term Deferred Tax of $65.1 million for Q4 2021, down 66.87% year-over-year from $196.5 million in Q4 2020, and down 66.87% quarter-over-quarter from $196.5 million in Q4 2020.
Targa Resources (TRGP) Long-Term Deferred Tax (2010 - 2021) Analysis & Trends
Targa Resources (TRGP) has 12 years of Long-Term Deferred Tax data on file, last reported at $65.1 million in Q4 2021.
- Long-Term Deferred Tax for Q4 2021 came in at $65.1 million, down 66.87% year-over-year; the trailing twelve-month figure through Dec 2021 was $65.1 million (down 66.87% YoY), and the FY2021 annual result was $65.1 million, down 66.87% from the prior year.
- Long-Term Deferred Tax eased to $65.1 million in Q4 2021 per TRGP's latest filing, 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.
- A 5-year average of $80.4 million and a median of $53.8 million in 2019 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2020 and 2021: Long-Term Deferred Tax soared 265.24% in 2020, then tumbled 66.87% in 2021.
- A 5-year view of Long-Term Deferred Tax shows it stood at $39.9 million in 2017, then rose by 17.04% to $46.7 million in 2018, then grew by 15.2% to $53.8 million in 2019, then soared by 265.24% to $196.5 million in 2020, then sank by 66.87% to $65.1 million in 2021.
- Business Quant data shows TRGP's Long-Term Deferred Tax at $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 | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn |
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 |