Targa Resources (TRGP) Long-Term Deferred Tax (2010 - 2021)
Targa Resources (TRGP) posted quarterly 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 reported Long-Term Deferred Tax for 12 consecutive years, with $65.1 million the latest figure, recorded in 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 retreated to $65.1 million in Q4 2021 per TRGP's latest filing, from $196.5 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $196.5 million in Q4 2020 and bottomed at $39.9 million in Q4 2017.
- Historically, Long-Term Deferred Tax has averaged $80.4 million across 5 years, with a median of $53.8 million in 2019.
- Annual changes were most pronounced in 2020 — Long-Term Deferred Tax soared 265.24% — and 2021, when it tumbled 66.87%.
- Targa Resources' Long-Term Deferred Tax 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.
- 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 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 | 100,000.00 |
| Dec 31, 2013 | -3.50 Mn |
| Dec 31, 2012 | -3.50 Mn |
| Dec 31, 2011 | -3.50 Mn |
| Dec 31, 2010 | -3.50 Mn |