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 11.55% year-over-year from $98.7 million in Q4 2019, and up 15.65% quarter-over-quarter from $95.2 million in Q2 2020.
Analysis
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.
- On a quarterly basis, Short-term Investments rose 11.55% year-over-year to $110.1 million in Q3 2020; TTM through Sep 2020 was $110.1 million, a 11.55% increase from a year earlier, with the FY2019 full-year figure at $35.4 million, down 58.5% from the prior year.
- Short-term Investments was $110.1 million for Q3 2020 at Targa Resources, up from $95.2 million in the prior quarter.
- Over five years, Short-term Investments peaked at $163.3 million in Q1 2020 and troughed at $3.6 million in Q3 2017.
- A 5-year average of $51.4 million and a median of $35.4 million in 2019 frame the typical range for Short-term Investments.
- Across the five-year window, Short-term Investments slumped 93.45% in 2016 and surged 773.45% in 2019, its largest moves.
- Over 5 years, Short-term Investments stood at $5.7 million in 2016, then jumped by 142.11% to $13.8 million in 2017, then jumped by 518.12% to $85.3 million in 2018, then plunged by 58.5% to $35.4 million in 2019, then soared by 211.02% to $110.1 million in 2020.
- The last three Short-term Investments figures came in at $110.1 million (Q3 2020), $95.2 million (Q2 2020), and $163.3 million (Q1 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 110.10 Mn |
| Jun 30, 2020 | 95.20 Mn |
| Mar 31, 2020 | 163.30 Mn |
| Dec 31, 2019 | 35.40 Mn |
| Sep 30, 2019 | 98.70 Mn |
| Jun 30, 2019 | 76.20 Mn |
| Mar 31, 2019 | 50.40 Mn |
| Dec 31, 2018 | 85.30 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 | 22.70 Mn |
| Jun 30, 2016 | 27.30 Mn |
| Mar 31, 2016 | 80.40 Mn |
| Dec 31, 2015 | 87.00 Mn |