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

Targa Resources (TRGP) has 16 years of Capital Expenditures data on file, last reported at $899.5 million in Q1 2026.

• Capital Expenditures for Q1 2026 came in at $899.5 million, up 13.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.4 billion (up 11.41% YoY), and the FY2025 annual result was $3.3 billion, up 12.39% from the prior year.
• Capital Expenditures fell to $899.5 million in Q1 2026 per TRGP's latest filing, 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.
• A 5-year average of $642.3 million and a median of $671.8 million in 2025 frame the typical range for Capital Expenditures.
• The sharpest annual moves came in 2022 and 2025: Capital Expenditures jumped 222.66% in 2022, then retreated 18.94% in 2025.
• A 5-year view of Capital Expenditures shows it stood at $518.9 million in 2022, then jumped by 38.76% to $720.0 million in 2023, then increased by 0.96% to $726.9 million in 2024, then jumped by 32.51% to $963.2 million in 2025, then slipped by 6.61% to $899.5 million in 2026.
• Business Quant data shows TRGP's Capital Expenditures at $899.5 million in Q1 2026, $963.2 million in Q4 2025, and $671.8 million in Q3 2025.