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
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