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
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