Targa Resources (TRGP) Short-term Investments (2010 - 2020)
Targa Resources (TRGP) posted quarterly Short-term Investments of $110.1 million for Q3 2020, up 204.14% year-over-year from $36.2 million in Q4 2019, and up 15.65% quarter-over-quarter from $95.2 million in Q2 2020.
Targa Resources (TRGP) Short-term Investments (2010 - 2020) Analysis & Trends
Targa Resources (TRGP) has reported Short-term Investments for 11 consecutive years, with $110.1 million the latest figure, recorded in Q3 2020.
- In Q3 2020, Short-term Investments rose 204.14% year-over-year to $110.1 million; the TTM figure through Sep 2020 stood at $110.1 million (up 204.14% YoY), while the FY2019 annual figure was $35.4 million, up 131.37% from the prior year.
- Short-term Investments climbed to $110.1 million in Q3 2020 per TRGP's latest filing, from $95.2 million in the prior quarter.
- Across five years, Short-term Investments topped out at $110.1 million in Q3 2020 and bottomed at $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.
- Annual changes were most pronounced in 2016 — Short-term Investments sank 99.2% — and 2017, when it jumped 2158.33%.
- Targa Resources' Short-term Investments stood at $5.7 million in 2016, then soared by 142.11% to $13.8 million in 2017, then gained by 10.87% to $15.3 million in 2018, then surged by 131.37% to $35.4 million in 2019, then surged by 211.02% to $110.1 million in 2020.
- Business Quant data shows TRGP's Short-term Investments at $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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn |
| 10 | Venture Global | 34.31 Bn | 31.09 Bn | 2.92 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 |