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Targa Resources (TRGP) Capital Expenditures (2016 - 2025)

Targa Resources (TRGP) has disclosed Capital Expenditures for 13 consecutive years, with $671.8 million as the latest value for Q3 2025.

  • On a quarterly basis, Capital Expenditures fell 18.94% to $671.8 million in Q3 2025 year-over-year; TTM through Sep 2025 was $3.1 billion, a 4.67% increase, with the full-year FY2024 number at $3.0 billion, up 24.33% from a year prior.
  • Capital Expenditures was $671.8 million for Q3 2025 at Targa Resources, down from $906.1 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $906.1 million in Q2 2025 to a low of $96.2 million in Q1 2021.
  • A 5-year average of $503.2 million and a median of $591.7 million in 2023 define the central range for Capital Expenditures.
  • Peak YoY movement for Capital Expenditures: tumbled 71.85% in 2021, then skyrocketed 222.66% in 2022.
  • Targa Resources' Capital Expenditures stood at $183.5 million in 2021, then soared by 182.78% to $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 dropped by 7.58% to $671.8 million in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Capital Expenditures are $671.8 million (Q3 2025), $906.1 million (Q2 2025), and $792.2 million (Q1 2025).