Targa Resources (TRGP) Net Equity Issued and Repurchased (2015 - 2018)
Targa Resources (TRGP) posted quarterly Net Equity Issued and Repurchased of $112.5 million for Q4 2018, up 29.31% year-over-year from $87.0 million in Q4 2017, and down 44.88% quarter-over-quarter from $204.1 million in Q3 2018.
Targa Resources (TRGP) Net Equity Issued and Repurchased (2015 - 2018) Analysis & Trends
Targa Resources (TRGP) has reported Net Equity Issued and Repurchased for 4 consecutive years, with $112.5 million the latest figure, recorded in Q4 2018.
- In Q4 2018, Net Equity Issued and Repurchased rose 29.31% year-over-year to $112.5 million; the TTM figure through Dec 2018 stood at $689.0 million (down 58.5% YoY), while the FY2018 annual figure was $689.0 million, down 58.5% from the prior year.
- Net Equity Issued and Repurchased declined to $112.5 million in Q4 2018 per TRGP's latest filing, from $204.1 million in the prior quarter.
- Across five years, Net Equity Issued and Repurchased topped out at $908.6 million in Q2 2017 and bottomed at -$1.1 million in Q3 2015.
- Historically, Net Equity Issued and Repurchased has averaged $256.4 million across 4 years, with a median of $209.6 million in 2016.
- Annual changes were most pronounced in 2016 — Net Equity Issued and Repurchased soared 20081.82% — and 2018, when it tumbled 91.26%.
- Targa Resources' Net Equity Issued and Repurchased stood at $1.3 million in 2015, then jumped by 13461.54% to $176.3 million in 2016, then plunged by 50.65% to $87.0 million in 2017, then gained by 29.31% to $112.5 million in 2018.
- Business Quant data shows TRGP's Net Equity Issued and Repurchased at $112.5 million in Q4 2018, $204.1 million in Q3 2018, and $314.3 million in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Equity Issued (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 | 83.42 Bn | 82.51 Bn | - | - |
| 4 | Energy Transfer | 72.55 Bn | 71.52 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 66.17 Bn | 58.61 Bn | 1.24 Bn | 44.82 Mn |
| 6 | Mplx | 60.16 Bn | 59.13 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.05 Bn | 59.89 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.27 Bn | 59.14 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 56.13 Bn | 54.88 Bn | 5.29 Bn | - |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 112.50 Mn |
| Dec 31, 2018 | 112.50 Mn |
| Sep 30, 2018 | 204.10 Mn |
| Sep 30, 2018 | 204.10 Mn |
| Jun 30, 2018 | 314.30 Mn |
| Jun 30, 2018 | 314.30 Mn |
| Mar 31, 2018 | 58.10 Mn |
| Mar 31, 2018 | 58.10 Mn |
| Dec 31, 2017 | 87.00 Mn |
| Dec 31, 2017 | 87.00 Mn |
| Jun 30, 2017 | 908.60 Mn |
| Jun 30, 2017 | 908.60 Mn |
| Mar 31, 2017 | 664.80 Mn |
| Mar 31, 2017 | 664.80 Mn |
| Dec 31, 2016 | 176.30 Mn |
| Dec 31, 2016 | 176.30 Mn |
| Sep 30, 2016 | 219.80 Mn |
| Sep 30, 2016 | 219.80 Mn |
| Jun 30, 2016 | 215.10 Mn |
| Jun 30, 2016 | 215.10 Mn |