Targa Resources Cash Flow - Quarterly (NYSE:TRGP)

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$47.4 $0.86 (1.85%) TRGP stock closing price Jun 18, 2018 (Closing)

The cash flow statement is one of the reports a publicly traded company like Targa Resources needs to disclose. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Targa Resources profits and Targa Resources debt. Targa Resources stock analysis shows positive net income cash flow of $38.9M till 2018 Q1. This statement is important because profits alone cannot pay employees, or bills. Cash is required. Targa Resources saw a outflow of $-677.3M from investing activities till 2018 Q1.

View and download details of Targa Resources cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Net Income Cash Flow
38.9M104.2M-195M-39.9M-110.5M-159.1M-18.4M-15.2M-0.7M-151.4M
Depreciation Depletion Amortization Cash-Flow200.8M821M611.6M400.5M194.2M979.6M599.7M411.8M197.7M692.4M
Net Increase (Decrease) in Assets Liabilities75.39M-30.09M-119.6M43.09M98M-75.89M-32.8M61.3M41.1M59.3M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net39.3M44.39M234.9M60.8M137M92.8M12.2M-0.4M3.2M434.4M
Net Cash from (used by) Operating Activities
354.4M939.5M531.9M464.5M318.7M837.4M560.7M457.5M241.3M1.03B
Increase (Decrease) in Prop Plant And Equipment-595.9M-1.3B-866.6M-527.6M-144.2M-562.1M-425M-307.7M-190.1M-817.2M
Acquisition Disposition of Subsidiaires--570.8M-570.8M-570.8M-480.8M-----1.57B
Increase (Decrease) in Investments-86.5M-9.3M-5.3M2.6M-0.5M-0.3M-1.2M3.9M3.4M-10.5M
Other Cash Inflow (Outflow) from Investment Activities5.1M-15.1M-14.8M-12.8M-3.8M4.2M-1.4M-1.3M2.5M
Net Cash from (used by) Investment Activities
-677.3M-1.89B-1.46B-1.11B-625.5M-558.6M-422M-305.2M-188M-2.4B
Issuance (Purchase) of Equity Shares57.7M1.66B1.57B1.57B664.3M1.57B1.39B1.17B993.9M771.6M
Issuance (Repayment) of Debt Securities310M156.9M-4.5M-462.6M-140M-1.1B-973.6M-918.6M-844.9M1.32B
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-222.6M-843.2M-624M-403M-199.7M-565.9M-378.2M-346.1M-51.4M-179M
Other Cash from (used by) Financing Activities260.4M46.2M24.4M-37.9M-11.3M-242.6M-177.9M-31.8M-176.6M-492.4M
Net Cash from (used by) Financing Activities
405.5M1.02B966.2M669.3M313.3M-345.5M-137.8M-121.6M-79M1.42B
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
82.6M63.7M40.6M25.2M6.5M-66.7M-30.7M-25.7M59.2M
Cash & Equivalents at Beginning of Year73.5M140.2M81M66.7M76.3M145.8M188.4M252.4M362.8M177.9M
Cash & Equivalents at Year End219.8M137.2M114.1M98.7M80M73.5M141.1M170.9M114.5M140.2M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Targa Resources stock price history and Targa Resources stock comparison chart inevitably reflect its cash flow situation.

  • Targa Resources has cash of $219.8M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Targa Resources stock price.
  • Cash Flow from operating activities: Targa Resources reported a positive operating cash flow of $354.4M till 2018 Q1 and has seen a decrease from the previous quarter. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: Targa Resources used $-677.3M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Targa Resources earned $405.5M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Key Financial Ratios For Targa Resources Cash Flow