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% on a QoQ basis from $24.7 billion in Q4 2025.
Targa Resources (TRGP) Assets Average (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has 16 years of Assets Average data on file, last reported at $26.2 billion in Q1 2026.
- On a quarterly basis, Assets Average rose 14.91% year-over-year to $26.2 billion in Q1 2026; TTM through Mar 2026 was $26.2 billion, a 14.91% increase from a year earlier, with the FY2025 full-year figure at $24.0 billion, up 10.47% from the prior year.
- Assets Average for Q1 2026 stood at $26.2 billion, up from $24.7 billion in the prior quarter.
- Over the last five years, Assets Average for TRGP reached as high as $26.2 billion in Q1 2026 and fell as low as $7.8 million in Q1 2022.
- Historically, Assets Average has averaged $14.4 billion across 5 years, with a median of $20.8 billion in 2024.
- Across the five-year window, Assets Average sank 99.83% in 2022 and jumped 126970.51% in 2023, its largest moves.
- Year by year, Assets Average stood at $9.9 billion in 2022, then jumped by 42.95% to $14.1 billion in 2023, then surged by 58.07% to $22.3 billion in 2024, then gained by 10.65% to $24.7 billion in 2025, then gained 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 1.69 Bn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 2.60 Bn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 73.57 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 161.54 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 79.23 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 144.38 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 26.16 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 67.42 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 42.97 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 | 14.12 Bn |
| Sep 30, 2023 | 3.90 Bn |
| Jun 30, 2023 | 252.25 Mn |
| Mar 31, 2023 | 9.91 Bn |
| Dec 31, 2022 | 9.88 Bn |
| Sep 30, 2022 | 179.80 Mn |
| Jun 30, 2022 | 83.35 Mn |
| Mar 31, 2022 | 7.80 Mn |
| Dec 31, 2021 | 3.60 Bn |
| Sep 30, 2021 | 3.68 Bn |
| Jun 30, 2021 | 181.05 Mn |