Targa Resources (TRGP) Change in Receivables (2011 - 2026)
Targa Resources (TRGP) reported Change in Receivables of $198.0 million for Q1 2026, up 191.2% year-over-year from $68.0 million in Q1 2025, and up 127.32% quarter-over-quarter from $87.1 million in Q4 2025.
Targa Resources (TRGP) Change in Receivables (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has 16 years of Change in Receivables data on file, last reported at $198.0 million in Q1 2026.
- Change in Receivables for Q1 2026 came in at $198.0 million, up 191.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $304.3 million (up 397.46% YoY), and the FY2025 annual result was -$110.8 million, down 247.73% from the prior year.
- Change in Receivables rose to $198.0 million in Q1 2026 per TRGP's latest filing, from $87.1 million in the prior quarter.
- Over five years, Change in Receivables peaked at $315.5 million in Q3 2023 and troughed at -$440.8 million in Q1 2023.
- A 5-year average of -$2.2 million and a median of $34.7 million in 2022 frame the typical range for Change in Receivables.
- On a YoY basis, Change in Receivables climbed as much as 415.99% in 2022 and fell as far as 530.37% in 2022.
- A 5-year view of Change in Receivables shows it stood at -$140.3 million in 2022, then jumped by 255.24% to $217.8 million in 2023, then surged by 44.35% to $314.4 million in 2024, then tumbled by 72.3% to $87.1 million in 2025, then soared by 127.32% to $198.0 million in 2026.
- Business Quant data shows TRGP's Change in Receivables at $198.0 million in Q1 2026, $87.1 million in Q4 2025, and $121.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | -131.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -40.80 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 24.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 198.00 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 656.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | -179.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 198.00 Mn |
| Mar 31, 2026 | 198.00 Mn |
| Dec 31, 2025 | 87.10 Mn |
| Dec 31, 2025 | 87.10 Mn |
| Sep 30, 2025 | 121.90 Mn |
| Sep 30, 2025 | 121.90 Mn |
| Jun 30, 2025 | -102.70 Mn |
| Jun 30, 2025 | -102.70 Mn |
| Mar 31, 2025 | -217.10 Mn |
| Mar 31, 2025 | -217.10 Mn |
| Dec 31, 2024 | 314.40 Mn |
| Dec 31, 2024 | 314.40 Mn |
| Sep 30, 2024 | 63.50 Mn |
| Sep 30, 2024 | 63.50 Mn |
| Jun 30, 2024 | -263.10 Mn |
| Jun 30, 2024 | -263.10 Mn |
| Mar 31, 2024 | -39.80 Mn |
| Mar 31, 2024 | -39.80 Mn |
| Dec 31, 2023 | 217.80 Mn |
| Dec 31, 2023 | 217.80 Mn |