Targa Resources (TRGP) Change in Receivables (2011 - 2026)

Targa Resources' (TRGP) quarterly Change in Receivables came in at $198.0 million in Q1 2026, up 191.2% year-on-year from $68.0 million in Q1 2025, and up 127.32% sequentially from $87.1 million in Q4 2025.

Targa Resources (TRGP) Change in Receivables (2011 - 2026) Analysis & Trends

Targa Resources' Change in Receivables history runs 16 years deep, the most recent figure standing at $198.0 million for Q1 2026.

  • In Q1 2026, Change in Receivables rose 191.2% year-over-year to $198.0 million; the TTM figure through Mar 2026 stood at $304.3 million (up 397.46% YoY), while the FY2025 annual figure was -$110.8 million, down 247.73% from the prior year.
  • Change in Receivables came in at $198.0 million for Q1 2026 at Targa Resources, up 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.
  • The 5-year median for Change in Receivables is $34.7 million (2022), against an average of -$2.2 million.
  • Peak annual rise in Change in Receivables reached 415.99% in 2022, while the deepest fall reached 530.37% in 2022.
  • A 5-year view of Change in Receivables shows it stood at -$140.3 million in 2022, then surged by 255.24% to $217.8 million in 2023, then soared by 44.35% to $314.4 million in 2024, then plunged by 72.3% to $87.1 million in 2025, then jumped by 127.32% to $198.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Receivables figures were $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 1,308.38 Bn 1,309.08 Bn 6.70 Bn -
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -131.00 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn -
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 198.00 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 24.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 656.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn -108.00 Mn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn -

Historic Data

Download Data
DateValue
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