Targa Resources (TRGP) Short-term Investments (2010 - 2020)
Targa Resources' (TRGP) quarterly Short-term Investments came in at $82.5 million in Q3 2020, down 42.59% year-on-year from $143.7 million in Q4 2019, and down 13.34% sequentially from $95.2 million in Q2 2020.
Targa Resources (TRGP) Short-term Investments (2010 - 2020) Analysis & Trends
Targa Resources' Short-term Investments history runs 11 years deep, the most recent figure standing at $82.5 million for Q3 2020.
- In Q3 2020, Short-term Investments fell 42.59% year-over-year to $82.5 million; the TTM figure through Sep 2020 stood at $82.5 million (down 42.59% YoY), while the FY2019 annual figure was $35.4 million, down 69.59% from the prior year.
- Short-term Investments came in at $82.5 million for Q3 2020 at Targa Resources, down 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.
- The 5-year median for Short-term Investments is $39.8 million (2017), against an average of $65.8 million.
- The widest annual swing landed in 2016, when Short-term Investments tumbled 95.23%; it then surged 1171.68% in 2019.
- A 5-year view of Short-term Investments shows it stood at $5.7 million in 2016, then soared by 401.75% to $28.6 million in 2017, then surged by 306.99% to $116.4 million in 2018, then slumped by 69.59% to $35.4 million in 2019, then jumped by 133.05% to $82.5 million in 2020.
- Per Business Quant data, the three most recent Short-term Investments figures were $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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn |
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 |