Targa Resources (TRGP) Assets Average (2011 - 2026)
Targa Resources' (TRGP) quarterly Assets Average came in at $26.2 billion in Q1 2026, up 14.91% year-on-year from $22.8 billion in Q1 2025, and up 5.94% sequentially from $24.7 billion in Q4 2025.
Targa Resources (TRGP) Assets Average (2011 - 2026) Analysis & Trends
Targa Resources' Assets Average history runs 16 years deep, the most recent figure standing at $26.2 billion for Q1 2026.
- In Q1 2026, Assets Average rose 14.91% year-over-year to $26.2 billion; the TTM figure through Mar 2026 stood at $26.2 billion (up 14.91% YoY), while the FY2025 annual figure was $24.0 billion, up 10.47% from the prior year.
- Assets Average came in at $26.2 billion for Q1 2026 at Targa Resources, up from $24.7 billion in the prior quarter.
- Over five years, Assets Average peaked at $26.2 billion in Q1 2026 and troughed at $156.0 million in Q2 2022.
- The 5-year median for Assets Average is $20.8 billion (2024), against an average of $17.0 billion.
- The widest annual swing landed in 2022, when Assets Average plunged 98.03%; it then surged 7760.34% in 2023.
- A 5-year view of Assets Average shows it stood at $13.3 billion in 2022, then rose by 24.19% to $16.5 billion in 2023, then surged by 34.95% to $22.3 billion in 2024, then increased by 10.65% to $24.7 billion in 2025, then increased by 5.94% to $26.2 billion in 2026.
- Per Business Quant data, the three most recent Assets Average figures were $26.2 billion in Q1 2026, $24.7 billion in Q4 2025, and $23.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 161.54 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 72.91 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 79.23 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 144.38 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 26.16 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 42.97 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 67.42 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 17.27 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 54.87 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 30.90 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.16 Bn |
| Dec 31, 2025 | 24.70 Bn |
| Sep 30, 2025 | 23.84 Bn |
| Jun 30, 2025 | 23.16 Bn |
| Mar 31, 2025 | 22.77 Bn |
| Dec 31, 2024 | 22.32 Bn |
| Sep 30, 2024 | 21.58 Bn |
| Jun 30, 2024 | 21.06 Bn |
| Mar 31, 2024 | 20.76 Bn |
| Dec 31, 2023 | 16.54 Bn |
| Sep 30, 2023 | 12.36 Bn |
| Jun 30, 2023 | 12.26 Bn |
| Mar 31, 2023 | 15.88 Bn |
| Dec 31, 2022 | 13.32 Bn |
| Sep 30, 2022 | 3.62 Bn |
| Jun 30, 2022 | 155.95 Mn |
| Mar 31, 2022 | 7.68 Bn |
| Dec 31, 2021 | 7.70 Bn |
| Sep 30, 2021 | 186.45 Mn |
| Jun 30, 2021 | 7.92 Bn |