Targa Resources (TRGP) Short-term Investments (2010 - 2020)

Targa Resources (TRGP) reported Short-term Investments of $82.5 million for Q3 2020, down 42.59% year-over-year from $143.7 million in Q4 2019, and down 13.34% quarter-over-quarter 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 $82.5 million in Q3 2020.

  • Short-term Investments for Q3 2020 came in at $82.5 million, down 42.59% year-over-year; the trailing twelve-month figure through Sep 2020 was $82.5 million (down 42.59% YoY), and the FY2019 annual result was $35.4 million, down 69.59% from the prior year.
  • Short-term Investments slipped to $82.5 million in Q3 2020 per TRGP's latest filing, from $95.2 million in the prior quarter.
  • Over five years, Short-term Investments peaked at $215.5 million in Q1 2020 and troughed at $5.7 million in Q4 2016.
  • A 5-year average of $65.8 million and a median of $39.8 million in 2017 frame the typical range for Short-term Investments.
  • The sharpest annual moves came in 2016 and 2019: Short-term Investments slumped 95.23% in 2016, then jumped 1171.68% in 2019.
  • A 5-year view of Short-term Investments shows it stood at $5.7 million in 2016, then surged by 401.75% to $28.6 million in 2017, then jumped by 306.99% to $116.4 million in 2018, then sank by 69.59% to $35.4 million in 2019, then soared by 133.05% to $82.5 million in 2020.
  • Business Quant data shows TRGP's Short-term Investments at $82.5 million in Q3 2020, $95.2 million in Q2 2020, and $215.5 million in Q1 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn

Historic Data

Download Data
DateValue
Sep 30, 2020 82.50 Mn
Jun 30, 2020 95.20 Mn
Mar 31, 2020 215.50 Mn
Dec 31, 2019 35.40 Mn
Sep 30, 2019 143.70 Mn
Jun 30, 2019 121.00 Mn
Mar 31, 2019 68.00 Mn
Dec 31, 2018 116.40 Mn
Sep 30, 2018 11.30 Mn
Jun 30, 2018 28.70 Mn
Mar 31, 2018 72.30 Mn
Dec 31, 2017 28.60 Mn
Sep 30, 2017 10.30 Mn
Jun 30, 2017 39.80 Mn
Mar 31, 2017 27.90 Mn
Dec 31, 2016 5.70 Mn
Sep 30, 2016 22.70 Mn
Jun 30, 2016 27.30 Mn
Mar 31, 2016 97.90 Mn
Dec 31, 2015 119.50 Mn