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Targa Resources (STU:TAR) Construction In Progress : €320 Mil (As of Mar. 2024)


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What is Targa Resources Construction In Progress?

Targa Resources's quarterly construction in progress declined from Sep. 2023 (€1,468 Mil) to Dec. 2023 (€1,335 Mil) and declined from Dec. 2023 (€1,335 Mil) to Mar. 2024 (€320 Mil).

Targa Resources's annual construction in progress increased from Dec. 2021 (€307 Mil) to Dec. 2022 (€954 Mil) and increased from Dec. 2022 (€954 Mil) to Dec. 2023 (€1,335 Mil).


Targa Resources Construction In Progress Historical Data

The historical data trend for Targa Resources's Construction In Progress 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.

* Premium members only.

Targa Resources Construction In Progress Chart

Targa Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,418.85 266.58 307.10 954.38 1,335.24

Targa Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,013.48 1,169.35 1,467.62 1,335.24 320.25

Targa Resources Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Targa Resources (STU:TAR) Business Description

Traded in Other Exchanges
Address
811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
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 843,000 barrels a day of gross fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline recently entered full service.

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