Targa Resources (TRGP) Short-term Investments (2010 - 2020)
Targa Resources' (TRGP) quarterly Short-term Investments came in at $110.1 million in Q3 2020, up 204.14% year-on-year from $36.2 million in Q4 2019, and up 15.65% on a QoQ basis from $95.2 million in Q2 2020.
Targa Resources (TRGP) Short-term Investments (2010 - 2020) Analysis & Trends
Targa Resources (TRGP) has 11 years of Short-term Investments data on file, last reported at $110.1 million in Q3 2020.
- On a quarterly basis, Short-term Investments rose 204.14% year-over-year to $110.1 million in Q3 2020; TTM through Sep 2020 was $110.1 million, a 204.14% increase from a year earlier, with the FY2019 full-year figure at $35.4 million, up 131.37% from the prior year.
- Short-term Investments for Q3 2020 stood at $110.1 million, up from $95.2 million in the prior quarter.
- Over the last five years, Short-term Investments for TRGP reached as high as $110.1 million in Q3 2020 and fell as low as $700000.0 in Q3 2016.
- Historically, Short-term Investments has averaged $35.5 million across 5 years, with a median of $27.1 million in 2017.
- Across the five-year window, Short-term Investments tumbled 99.2% in 2016 and surged 2158.33% in 2017, its largest moves.
- Year by year, Short-term Investments stood at $5.7 million in 2016, then surged by 142.11% to $13.8 million in 2017, then climbed by 10.87% to $15.3 million in 2018, then jumped by 131.37% to $35.4 million in 2019, then jumped by 211.02% to $110.1 million in 2020.
- Per Business Quant data, the three most recent Short-term Investments figures were $110.1 million in Q3 2020, $95.2 million in Q2 2020, and $42.5 million in Q1 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 110.10 Mn |
| Jun 30, 2020 | 95.20 Mn |
| Mar 31, 2020 | 42.50 Mn |
| Dec 31, 2019 | 35.40 Mn |
| Sep 30, 2019 | 36.20 Mn |
| Jun 30, 2019 | 76.20 Mn |
| Mar 31, 2019 | 50.40 Mn |
| Dec 31, 2018 | 15.30 Mn |
| Sep 30, 2018 | 11.30 Mn |
| Jun 30, 2018 | 19.70 Mn |
| Mar 31, 2018 | 39.60 Mn |
| Dec 31, 2017 | 13.80 Mn |
| Sep 30, 2017 | 3.60 Mn |
| Jun 30, 2017 | 27.10 Mn |
| Mar 31, 2017 | 10.90 Mn |
| Dec 31, 2016 | 5.70 Mn |
| Sep 30, 2016 | 700,000.00 |
| Jun 30, 2016 | 1.20 Mn |
| Mar 31, 2016 | 80.40 Mn |
| Dec 31, 2015 | 87.00 Mn |