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

Targa Resources' (TRGP) quarterly Short-term Investments came in at $82.5 million in Q3 2020, down 42.59% year-on-year from $143.7 million in Q4 2019, and down 13.34% sequentially from $95.2 million in Q2 2020.

Targa Resources (TRGP) Short-term Investments (2010 - 2020) Analysis & Trends

Targa Resources' Short-term Investments history runs 11 years deep, the most recent figure standing at $82.5 million for Q3 2020.

  • In Q3 2020, Short-term Investments fell 42.59% year-over-year to $82.5 million; the TTM figure through Sep 2020 stood at $82.5 million (down 42.59% YoY), while the FY2019 annual figure was $35.4 million, down 69.59% from the prior year.
  • Short-term Investments came in at $82.5 million for Q3 2020 at Targa Resources, down 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.
  • The 5-year median for Short-term Investments is $39.8 million (2017), against an average of $65.8 million.
  • The widest annual swing landed in 2016, when Short-term Investments tumbled 95.23%; it then surged 1171.68% in 2019.
  • A 5-year view of Short-term Investments shows it stood at $5.7 million in 2016, then soared by 401.75% to $28.6 million in 2017, then surged by 306.99% to $116.4 million in 2018, then slumped by 69.59% to $35.4 million in 2019, then jumped by 133.05% to $82.5 million in 2020.
  • Per Business Quant data, the three most recent Short-term Investments figures were $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 1,308.38 Bn 1,309.08 Bn 6.70 Bn
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
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

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