Targa Resources (TRGP) Short-Term Debt issuances (2011 - 2022)
Targa Resources' Short-Term Debt issuances was $540 million in Q4 2022, down 71.3% from the prior quarter.
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Analysis
Targa Resources (TRGP) Short-Term Debt issuances (2011 - 2022) Analysis & Trends
For FY2022, Short-Term Debt issuances at Targa Resources came in at $5.85 billion, up 842.7% from FY2021.
- Short-Term Debt issuances shows a five-year compound annual growth rate of 16.7% (FY2017 to FY2022).
- In earlier years, Short-Term Debt issuances was $620 million in FY2021 (-71.8%), $2.2 billion in FY2020 (-29.2%), $3.1 billion in FY2019 (+38.7%) and $2.24 billion in FY2018 (-17.3%).
- The Q4 2022 figure marks the lowest quarterly Short-Term Debt issuances since Q3 2021.
- Compared with a year earlier, Short-Term Debt issuances was higher in 1 of the last four quarters, with growth averaging 38.6%.
- The best year-over-year quarter for Short-Term Debt issuances over five years was Q2 2022 (growth of 290.4%); the worst was Q1 2021 (a decline of 91.8%).
- Per Business Quant data, TRGP's Short-Term Debt issuances in the three quarters before Q4 2022 was $1.88 billion (Q3 2022), $1.62 billion (Q2 2022) and $1.81 billion (Q1 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ST Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.71 Bn | 99.31 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 91.25 Bn | 89.96 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.01 Bn | 76.40 Bn | - | - |
| 4 | Kinder Morgan | 74.45 Bn | 74.15 Bn | 3.07 Bn | - |
| 5 | Energy Transfer | 70.41 Bn | 63.59 Bn | 7.40 Bn | - |
| 6 | Tc Energy | 64.14 Bn | 60.22 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 62.84 Bn | 62.32 Bn | 2.14 Bn | - |
| 8 | Cheniere Energy | 60.02 Bn | 54.85 Bn | 5.29 Bn | - |
| 9 | Oneok | 59.03 Bn | 57.42 Bn | 2.81 Bn | - |
| 10 | Mplx | 57.91 Bn | 51.47 Bn | 2.91 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 540.00 Mn |
| Sep 30, 2022 | 1.88 Bn |
| Jun 30, 2022 | 1.62 Bn |
| Mar 31, 2022 | 1.81 Bn |
| Sep 30, 2021 | 140.00 Mn |
| Jun 30, 2021 | 415.00 Mn |
| Mar 31, 2021 | 65.00 Mn |
| Dec 31, 2020 | 735.00 Mn |
| Sep 30, 2020 | 220.00 Mn |
| Jun 30, 2020 | 450.00 Mn |
| Mar 31, 2020 | 790.00 Mn |
| Dec 31, 2019 | 470.00 Mn |
| Sep 30, 2019 | 860.00 Mn |
| Jun 30, 2019 | 1.01 Bn |
| Mar 31, 2019 | 765.00 Mn |
| Dec 31, 2018 | 960.00 Mn |
| Sep 30, 2018 | 635.00 Mn |
| Mar 31, 2018 | 640.00 Mn |
| Dec 31, 2017 | 295.00 Mn |
| Sep 30, 2017 | 480.00 Mn |
API Access
Targa Resources Short-Term Debt issuances 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=short-term-debt-issuances&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt-issuances", "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=short-term-debt-issuances&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();