Targa Resources (TRGP) Other Accumulated Expenses (2009 - 2020)
Targa Resources (TRGP) posted Other Accumulated Expenses of $20.5 million for Q1 2020, up 51.9% from $13.5 million a year earlier and up 13.3% from the prior quarter.
Targa Resources (TRGP) Other Accumulated Expenses (2009 - 2020) Analysis & Trends
At the end of FY2019, Targa Resources' Other Accumulated Expenses came in at $18.1 million, down 13.0% from FY2018.
- Annual Other Accumulated Expenses shows a five-year compound annual growth rate of 3.0% (FY2014 to FY2019).
- In prior years, Targa Resources' Other Accumulated Expenses was $20.8 million in FY2018 (-4.1%), $21.7 million in FY2017 (+40.0%), $15.5 million in FY2016 (-16.7%) and $18.6 million in FY2015 (+19.2%).
- Quarterly Other Accumulated Expenses has run from a low of $12.8 million in Q3 2016 to a high of $64.5 million in Q2 2019 over five years.
- On a year-over-year basis, Other Accumulated Expenses increased in four of the last eight quarters, with growth averaging 18.1%.
- The strongest year-over-year quarter for Other Accumulated Expenses in the past five years was Q2 2015, with growth of 923.5%; the weakest was Q1 2019, with a decline of 65.8%.
- According to Business Quant data, Other Accumulated Expenses for the three prior quarters was $18.1 million (Q4 2019), $24.8 million (Q3 2019) and $64.5 million (Q2 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn |
Historic 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 |
Targa Resources Other Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();