Targa Resources (TRGP) Other Accumulated Expenses (2011 - 2020)
Targa Resources (TRGP) posted quarterly Other Accumulated Expenses of $20.5 million for Q1 2020, up 51.85% year-over-year from $13.5 million in Q2 2019, and up 13.26% quarter-over-quarter from $18.1 million in Q4 2019.
Targa Resources (TRGP) Other Accumulated Expenses (2011 - 2020) Analysis & Trends
Targa Resources (TRGP) has reported Other Accumulated Expenses for 10 consecutive years, with $20.5 million the latest figure, recorded in Q1 2020.
- In Q1 2020, Other Accumulated Expenses rose 51.85% year-over-year to $20.5 million; the TTM figure through Mar 2020 stood at $20.5 million (up 51.85% YoY), while the FY2019 annual figure was $18.1 million, down 12.98% from the prior year.
- Other Accumulated Expenses rose to $20.5 million in Q1 2020 per TRGP's latest filing, from $18.1 million in the prior quarter.
- Across five years, Other Accumulated Expenses topped out at $64.5 million in Q2 2019 and bottomed at $12.8 million in Q3 2016.
- Historically, Other Accumulated Expenses has averaged $25.6 million across 5 years, with a median of $20.8 million in 2018.
- Annual changes were most pronounced in 2018 — Other Accumulated Expenses jumped 87.89% — and 2019, when it slumped 65.82%.
- Targa Resources' Other Accumulated Expenses stood at $15.5 million in 2016, then jumped by 40.0% to $21.7 million in 2017, then decreased by 4.15% to $20.8 million in 2018, then slipped by 12.98% to $18.1 million in 2019, then increased by 13.26% to $20.5 million in 2020.
- Business Quant data shows TRGP's Other Accumulated Expenses at $20.5 million in Q1 2020, $18.1 million in Q4 2019, and $24.8 million in Q3 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn |
| 10 | Venture Global | 34.09 Bn | 30.87 Bn | 2.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | 20.50 Mn |
| Dec 31, 2019 | 18.10 Mn |
| Sep 30, 2019 | 24.80 Mn |
| Jun 30, 2019 | 64.50 Mn |
| Mar 31, 2019 | 13.50 Mn |
| Dec 31, 2018 | 20.80 Mn |
| Sep 30, 2018 | 20.20 Mn |
| Jun 30, 2018 | 35.70 Mn |
| Mar 31, 2018 | 39.50 Mn |
| Dec 31, 2017 | 21.70 Mn |
| Sep 30, 2017 | 24.00 Mn |
| Jun 30, 2017 | 19.00 Mn |
| Mar 31, 2017 | 24.50 Mn |
| Dec 31, 2016 | 15.50 Mn |
| Sep 30, 2016 | 12.80 Mn |
| Jun 30, 2016 | 40.10 Mn |
| Mar 31, 2016 | 19.60 Mn |
| Dec 31, 2015 | 18.60 Mn |
| Sep 30, 2015 | 28.50 Mn |
| Jun 30, 2015 | 52.20 Mn |