Targa Resources (TRGP) Change in Receivables (2011 - 2026)
Targa Resources (TRGP) posted quarterly 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 reported Change in Receivables for 16 consecutive years, with $198.0 million the latest figure, recorded in 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 climbed to $198.0 million in Q1 2026 per TRGP's latest filing, from $87.1 million in the prior quarter.
- Across five years, Change in Receivables topped out at $315.5 million in Q3 2023 and bottomed at -$440.8 million in Q1 2023.
- Historically, Change in Receivables has averaged -$2.2 million across 5 years, with a median of $34.7 million in 2022.
- On a YoY basis, Change in Receivables climbed as much as 415.99% in 2022 and fell as far as 530.37% in 2022.
- Targa Resources' Change in Receivables 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.
- 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 Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | -26.00 Mn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | - |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | -119.00 Mn |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | -117.00 Mn |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 194.50 Mn |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 138.00 Mn |
| 10 | Venture Global | 34.31 Bn | 31.09 Bn | 2.92 Bn | 34.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 194.50 Mn |
| Jun 30, 2026 | 194.50 Mn |
| 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 |