Targa Resources (TRGP) Capital Expenditures (2011 - 2026)

Targa Resources' Capital Expenditures history runs 16 years deep, the most recent figure standing at $899.5 million for Q1 2026.

• In Q1 2026, Capital Expenditures rose 13.54% year-over-year to $899.5 million; the TTM figure through Mar 2026 stood at $3.4 billion (up 11.41% YoY), while the FY2025 annual figure was $3.3 billion, up 12.39% from the prior year.
• Capital Expenditures came in at $899.5 million for Q1 2026 at Targa Resources, down from $963.2 million in the prior quarter.
• Over five years, Capital Expenditures peaked at $963.2 million in Q4 2025 and troughed at $204.4 million in Q1 2022.
• The 5-year median for Capital Expenditures is $671.8 million (2025), against an average of $642.3 million.
• The widest annual swing landed in 2022, when Capital Expenditures surged 222.66%; it then decreased 18.94% in 2025.
• A 5-year view of Capital Expenditures shows it stood at $518.9 million in 2022, then surged by 38.76% to $720.0 million in 2023, then rose by 0.96% to $726.9 million in 2024, then surged by 32.51% to $963.2 million in 2025, then dropped by 6.61% to $899.5 million in 2026.
• Per Business Quant data, the three most recent Capital Expenditures figures were $899.5 million in Q1 2026, $963.2 million in Q4 2025, and $671.8 million in Q3 2025.