Growth Metrics

Targa Resources (TRGP) Short-term Investments (2016 - 2020)

Targa Resources (TRGP) has disclosed Short-term Investments for 8 consecutive years, with $82.5 million as the latest value for Q3 2020.

  • Quarterly Short-term Investments fell 42.59% to $82.5 million in Q3 2020 from the year-ago period, while the trailing twelve-month figure was $82.5 million through Sep 2020, down 42.59% year-over-year, with the annual reading at $35.4 million for FY2019, 69.59% down from the prior year.
  • Short-term Investments for Q3 2020 was $82.5 million at Targa Resources, down from $95.2 million in the prior quarter.
  • The five-year high for Short-term Investments was $215.5 million in Q1 2020, with the low at $5.7 million in Q4 2016.
  • Average Short-term Investments over 5 years is $65.8 million, with a median of $39.8 million recorded in 2017.
  • The sharpest move saw Short-term Investments plummeted 95.23% in 2016, then surged 1171.68% in 2019.
  • Over 5 years, Short-term Investments stood at $5.7 million in 2016, then skyrocketed by 401.75% to $28.6 million in 2017, then soared by 306.99% to $116.4 million in 2018, then crashed by 69.59% to $35.4 million in 2019, then surged by 133.05% to $82.5 million in 2020.
  • According to Business Quant data, Short-term Investments over the past three periods came in at $82.5 million, $95.2 million, and $215.5 million for Q3 2020, Q2 2020, and Q1 2020 respectively.