Targa Resources (TRGP) Notes Payables (2010 - 2020)
Targa Resources (TRGP) posted quarterly Notes Payables of $12.2 million for Q3 2020, down 81.87% year-over-year from $67.3 million in Q4 2019, and down 29.48% quarter-over-quarter from $17.3 million in Q1 2020.
Targa Resources (TRGP) Notes Payables (2010 - 2020) Analysis & Trends
Targa Resources (TRGP) has reported Notes Payables for 10 consecutive years, with $12.2 million the latest figure, recorded in Q3 2020.
- In Q3 2020, Notes Payables fell 81.87% year-over-year to $12.2 million; the TTM figure through Sep 2020 stood at $12.2 million (down 81.87% YoY), while the FY2019 annual figure was $46.1 million, up 158.99% from the prior year.
- Notes Payables retreated to $12.2 million in Q3 2020 per TRGP's latest filing, from $17.3 million in the prior quarter.
- Across five years, Notes Payables topped out at $76.3 million in Q3 2018 and bottomed at $800000.0 in Q2 2016.
- Historically, Notes Payables has averaged $20.7 million across 5 years, with a median of $12.2 million in 2020.
- Annual changes were most pronounced in 2018 — Notes Payables jumped 5350.0% — and 2019, when it sank 84.09%.
- Targa Resources' Notes Payables stood at $3.0 million in 2016, then soared by 66.67% to $5.0 million in 2017, then surged by 256.0% to $17.8 million in 2018, then soared by 158.99% to $46.1 million in 2019, then tumbled by 73.54% to $12.2 million in 2020.
- Business Quant data shows TRGP's Notes Payables at $12.2 million in Q3 2020, $17.3 million in Q1 2020, and $46.1 million in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.04 Bn | 113.17 Bn | 3.07 Bn |
| 2 | Enbridge | 111.19 Bn | 111.69 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.98 Bn | 83.12 Bn | - |
| 4 | Energy Transfer | 72.48 Bn | 71.45 Bn | 7.40 Bn |
| 5 | Tc Energy | 66.71 Bn | 66.18 Bn | 1.24 Bn |
| 6 | Mplx | 60.30 Bn | 59.27 Bn | 2.73 Bn |
| 7 | Oneok | 59.88 Bn | 59.82 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.14 Bn | 59.14 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.12 Bn | 60.17 Bn | 5.29 Bn |
| 10 | Venture Global | 34.82 Bn | 35.11 Bn | 2.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 12.20 Mn |
| Mar 31, 2020 | 17.30 Mn |
| Dec 31, 2019 | 46.10 Mn |
| Sep 30, 2019 | 67.30 Mn |
| Jun 30, 2019 | 7.00 Mn |
| Mar 31, 2019 | 23.80 Mn |
| Dec 31, 2018 | 17.80 Mn |
| Sep 30, 2018 | 76.30 Mn |
| Jun 30, 2018 | 44.00 Mn |
| Mar 31, 2018 | 21.80 Mn |
| Dec 31, 2017 | 5.00 Mn |
| Sep 30, 2017 | 1.40 Mn |
| Jun 30, 2017 | 6.10 Mn |
| Mar 31, 2017 | 1.40 Mn |
| Dec 31, 2016 | 3.00 Mn |
| Sep 30, 2016 | 900,000.00 |
| Jun 30, 2016 | 800,000.00 |
| Dec 31, 2014 | 800,000.00 |
| Sep 30, 2014 | 3.60 Mn |
| Jun 30, 2014 | 12.50 Mn |