Balance Sheet
Cash Flow Statement
AcquisitionsAmortization of Deferred ChargesAmortization of Deferred ChargesCapital ExpendituresCapital ExpendituresCash from Financing ActivitiesCash from Financing ActivitiesCash from Investing ActivitiesCash from Investing ActivitiesCash from OperationsCash from OperationsChange in Accured ExpensesChange in Accured ExpensesChange in CashChange in InventoryChange in InventoryChange in ReceivablesChange in ReceivablesDeferred TaxesDepreciation & Amortization (CF)Depreciation & Amortization (CF)Depreciation and DepletionDepreciation and DepletionDivestmentsDividends Paid - CommonDividends Paid - CommonFree Cash FlowFree Cash FlowGains from Investment SecuritiesGains from Investment SecuritiesGains from Sales and DivestituresGains from Sales and DivestituresLong-Term Debt IssuancesNet Cash FlowNet Cash FlowNet IncomeNon-cash ItemsNon-cash ItemsOther financing activitiesOther financing activitiesShare-based CompensationShare-based CompensationShares Repurchased
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Targa Resources (TRGP) Capital Expenditures (2016 - 2026)

Targa Resources has reported Capital Expenditures over the past 13 years, most recently at $963.2 million for Q4 2025.

  • Quarterly Capital Expenditures rose 32.51% to $963.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $3.3 billion through Dec 2025, up 12.39% year-over-year, with the annual reading at $3.3 billion for FY2025, 12.39% up from the prior year.
  • Capital Expenditures was $963.2 million for Q4 2025 at Targa Resources, up from $671.8 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $963.2 million in Q4 2025 and troughed at $96.2 million in Q1 2021.
  • The 5-year median for Capital Expenditures is $594.8 million (2023), against an average of $526.2 million.
  • Year-over-year, Capital Expenditures tumbled 71.85% in 2021 and then skyrocketed 222.66% in 2022.
  • A 5-year view of Capital Expenditures shows it stood at $183.5 million in 2021, then surged by 182.78% to $518.9 million in 2022, then skyrocketed by 38.76% to $720.0 million in 2023, then increased by 0.96% to $726.9 million in 2024, then skyrocketed by 32.51% to $963.2 million in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Capital Expenditures are $963.2 million (Q4 2025), $671.8 million (Q3 2025), and $906.1 million (Q2 2025).