Targa Resources (TRGP) Preferred Dividend Payments (2010 - 2024)
Targa Resources (TRGP) recorded Preferred Dividend Payments of $2.3 million in Q2 2024, down 36.1% from $3.6 million a year earlier but up 4.5% from the prior quarter.
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Analysis
Targa Resources (TRGP) Preferred Dividend Payments (2010 - 2024) Analysis & Trends
On a TTM basis, Targa Resources' Preferred Dividend Payments came in at $10.3 million as of Jun 30, 2024, down 69.3% year-over-year; for FY2022, it came in at $51.8 million, down 40.7% from FY2021.
- Annual Preferred Dividend Payments has a five-year compound annual growth rate of -15.1% (FY2017 to FY2022).
- Across earlier years, Preferred Dividend Payments came in at $87.3 million in FY2021 (-4.8%), $91.7 million in FY2020 (unchanged), $91.7 million in FY2019 (unchanged) and $91.7 million in FY2018 (-21.9%).
- Quarterly Preferred Dividend Payments has ranged from -$1.5 million in Q4 2019 to $31.3 million in Q3 2019 over the past five years.
- Peak year-over-year performance for Preferred Dividend Payments in the last five years was growth of 3.3% in Q3 2019, against a decline of 62.4% in Q2 2022 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 75.91 Mn |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | - |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | - |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 52.00 Mn |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | - |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | - |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 2.30 Mn |
| Mar 31, 2024 | 2.20 Mn |
| Sep 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 3.60 Mn |
| Dec 31, 2022 | 21.80 Mn |
| Jun 30, 2022 | 8.20 Mn |
| Mar 31, 2022 | 21.80 Mn |
| Dec 31, 2021 | 21.80 Mn |
| Sep 30, 2021 | 21.80 Mn |
| Jun 30, 2021 | 21.80 Mn |
| Mar 31, 2021 | 21.80 Mn |
| Dec 31, 2020 | 22.90 Mn |
| Sep 30, 2020 | 22.90 Mn |
| Jun 30, 2020 | 22.90 Mn |
| Mar 31, 2020 | 22.90 Mn |
| Dec 31, 2019 | -1.50 Mn |
| Sep 30, 2019 | 31.30 Mn |
| Jun 30, 2019 | 31.00 Mn |
| Mar 31, 2019 | 30.80 Mn |
| Dec 31, 2018 | 1.40 Mn |
API Access
Targa Resources Preferred Dividend Payments 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=preferred-dividend-payments&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "preferred-dividend-payments", "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=preferred-dividend-payments&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();