Targa Resources (TRGP) Short-term Investments (2010 - 2020)
Targa Resources (TRGP) reported Short-term Investments of $82.5 million for Q3 2020, down 42.59% year-over-year from $143.7 million in Q4 2019, and down 13.34% quarter-over-quarter 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 $82.5 million in Q3 2020.
- Short-term Investments for Q3 2020 came in at $82.5 million, down 42.59% year-over-year; the trailing twelve-month figure through Sep 2020 was $82.5 million (down 42.59% YoY), and the FY2019 annual result was $35.4 million, down 69.59% from the prior year.
- Short-term Investments slipped to $82.5 million in Q3 2020 per TRGP's latest filing, 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.
- A 5-year average of $65.8 million and a median of $39.8 million in 2017 frame the typical range for Short-term Investments.
- The sharpest annual moves came in 2016 and 2019: Short-term Investments slumped 95.23% in 2016, then jumped 1171.68% in 2019.
- A 5-year view of Short-term Investments shows it stood at $5.7 million in 2016, then surged by 401.75% to $28.6 million in 2017, then jumped by 306.99% to $116.4 million in 2018, then sank by 69.59% to $35.4 million in 2019, then soared by 133.05% to $82.5 million in 2020.
- Business Quant data shows TRGP's Short-term Investments at $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 | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |