Targa Resources (TRGP) Short-Term Debt issuances (2011 - 2022)

Targa Resources' (TRGP) quarterly Short-Term Debt issuances came in at $540.0 million in Q4 2022, down 71.28% sequentially from $1.9 billion in Q3 2022.

Targa Resources (TRGP) Short-Term Debt issuances (2011 - 2022) Analysis & Trends

Targa Resources' Short-Term Debt issuances history runs 12 years deep, the most recent figure standing at $540.0 million for Q4 2022.

  • In Q4 2022, Short-Term Debt issuances changed N/A year-over-year to $540.0 million; the TTM figure through Sep 2023 stood at $540.0 million (down 89.82% YoY), while the FY2022 annual figure was $5.8 billion, up 842.74% from the prior year.
  • Short-Term Debt issuances came in at $540.0 million for Q4 2022 at Targa Resources, down from $1.9 billion in the prior quarter.
  • Over five years, Short-Term Debt issuances peaked at $1.9 billion in Q3 2022 and troughed at $65.0 million in Q1 2021.
  • The 5-year median for Short-Term Debt issuances is $687.5 million (2018), against an average of $777.5 million.
  • The widest annual swing landed in 2021, when Short-Term Debt issuances tumbled 91.77%; it then jumped 2676.92% in 2022.
  • A 5-year view of Short-Term Debt issuances shows it stood at $960.0 million in 2018, then tumbled by 51.04% to $470.0 million in 2019, then surged by 56.38% to $735.0 million in 2020, then sank by 80.95% to $140.0 million in 2021, then jumped by 285.71% to $540.0 million in 2022.
  • Per Business Quant data, the three most recent Short-Term Debt issuances figures were $540.0 million in Q4 2022, $1.9 billion in Q3 2022, and $1.6 billion in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Short-Term Debt issuances (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 333.98 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn -
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn -
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 827.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn -
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 116.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2022 540.00 Mn
Dec 31, 2022 540.00 Mn
Sep 30, 2022 1.88 Bn
Sep 30, 2022 1.88 Bn
Jun 30, 2022 1.62 Bn
Jun 30, 2022 1.62 Bn
Mar 31, 2022 1.81 Bn
Mar 31, 2022 1.81 Bn
Sep 30, 2021 140.00 Mn
Sep 30, 2021 140.00 Mn
Jun 30, 2021 415.00 Mn
Jun 30, 2021 415.00 Mn
Mar 31, 2021 65.00 Mn
Mar 31, 2021 65.00 Mn
Dec 31, 2020 735.00 Mn
Dec 31, 2020 735.00 Mn
Sep 30, 2020 220.00 Mn
Sep 30, 2020 220.00 Mn
Jun 30, 2020 450.00 Mn
Jun 30, 2020 450.00 Mn