Targa Resources (TRGP) Sales of Property, Plant and Equipment (2018 - 2024)
Targa Resources (TRGP) posted Sales of Property, Plant and Equipment of $400,000 for Q4 2024, down 77.8% from $1.8 million a year earlier and down 55.6% from the prior quarter.
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Analysis
Targa Resources (TRGP) Sales of Property, Plant and Equipment (2018 - 2024) Analysis & Trends
For FY2024, Targa Resources' Sales of Property, Plant and Equipment came in at $3.3 million, down 29.8% from FY2023.
- Annual Sales of Property, Plant and Equipment shows a five-year compound annual growth rate of -25.9% (FY2019 to FY2024).
- In prior years, Targa Resources' Sales of Property, Plant and Equipment was $4.7 million in FY2023 (-79.6%), $23 million in FY2022 (+88.5%), $12.2 million in FY2021 (-93.9%) and $198.7 million in FY2020.
- The Q4 2024 figure stands as the lowest quarterly Sales of Property, Plant and Equipment since Q1 2023.
- On a year-over-year basis, Sales of Property, Plant and Equipment has declined in each of the last three quarters, with growth averaging 2.8% over the last eight quarters.
- The strongest year-over-year quarter for Sales of Property, Plant and Equipment in the past five years was Q3 2021, with growth of 554.5%; the weakest was Q3 2023, with a decline of 93.8%.
- According to Business Quant data, Sales of Property, Plant and Equipment for the three prior quarters was $900,000 (Q3 2024), $1.1 million (Q2 2024) and $900,000 (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Sale) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 3.00 Mn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | - |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | - |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | - |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | - |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | - |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 400,000.00 |
| Sep 30, 2024 | 900,000.00 |
| Jun 30, 2024 | 1.10 Mn |
| Mar 31, 2024 | 900,000.00 |
| Dec 31, 2023 | 1.80 Mn |
| Sep 30, 2023 | 1.00 Mn |
| Jun 30, 2023 | 1.70 Mn |
| Mar 31, 2023 | 200,000.00 |
| Dec 31, 2022 | 4.70 Mn |
| Sep 30, 2022 | 16.00 Mn |
| Jun 30, 2022 | 1.30 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 4.30 Mn |
| Sep 30, 2021 | 7.20 Mn |
| Dec 31, 2020 | 62.80 Mn |
| Sep 30, 2020 | 1.10 Mn |
| Mar 31, 2020 | 134.80 Mn |
| Dec 31, 2019 | 12.10 Mn |
| Sep 30, 2019 | 300,000.00 |
| Jun 30, 2019 | 1.90 Mn |
API Access
Targa Resources Sales of Property, Plant and Equipment 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=sales-of-property-plant-and-equipment&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "sales-of-property-plant-and-equipment", "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=sales-of-property-plant-and-equipment&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();