Targa Resources (LTS:0LD9) Purchase Of Property, Plant, Equipment : $-2,966 Mil (TTM As of Dec. 2024)

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What is Targa Resources Purchase Of Property, Plant, Equipment?

Targa Resources's purchase of property, plant, equipment for the three months ended in Dec. 2024 was $-727 Mil. It means Targa Resources spent $727 Mil on purchasing property, plant, equipment. Targa Resources's purchase of property, plant, equipment for the trailing twelve months (TTM) ended in Dec. 2024 was $-2,966Mil.

Compared with last quarter ($-829 Mil in Sep. 2024 ), Targa Resources spent less money on purchasing property, plant, equipment in Dec. 2024 ($-727 Mil).

Targa Resources Purchase Of Property, Plant, Equipment Historical Data

The historical data trend for Targa Resources's Purchase Of Property, Plant, Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Targa Resources Purchase Of Property, Plant, Equipment Chart

Targa Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Purchase Of Property, Plant, Equipment

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-951.60

-505.10

-1,334.30

-2,385.40

-2,965.80

Targa Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Purchase Of Property, Plant, Equipment	Get a 7-Day Free Trial															-720.00	-669.80	-740.30	-828.80	-726.90

Targa Resources Purchase Of Property, Plant, Equipment Calculation

The amount used to purchase PPE.

Purchase Of Property, Plant, Equipment for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,966 Mil.

Targa Resources Purchase Of Property, Plant, Equipment Related Terms

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Targa Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Targa Resources Corp (LTS:0LD9) » Definitions » Purchase Of Property, Plant, Equipment

Comparable Companies

Traded in Other Exchanges

TRGP:USA TRGP:Mexico TAR:Germany TAR:Germany

Address

811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002

Website

https://www.targaresources.com

Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.

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