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
DateValue
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