Targa Resources (TRGP) Common Equity (2010 - 2026)
Targa Resources (TRGP) reported Common Equity of $3.1 billion for Q1 2026, up 21.91% year-over-year from $2.6 billion in Q1 2025, and up 2.24% quarter-over-quarter from $3.1 billion in Q4 2025.
Targa Resources (TRGP) Common Equity (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of Common Equity data on file, last reported at $3.1 billion in Q1 2026.
- Common Equity for Q1 2026 came in at $3.1 billion, up 21.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.1 billion (up 21.91% YoY), and the FY2025 annual result was $3.1 billion, down 30.56% from the prior year.
- Common Equity advanced to $3.1 billion in Q1 2026 per TRGP's latest filing, from $3.1 billion in the prior quarter.
- Over five years, Common Equity peaked at $5.0 billion in Q4 2022 and troughed at $2.6 billion in Q1 2025.
- A 5-year average of $4.0 billion and a median of $4.4 billion in 2022 frame the typical range for Common Equity.
- The sharpest annual moves came in 2025 and 2026: Common Equity sank 43.8% in 2025, then gained 21.91% in 2026.
- A 5-year view of Common Equity shows it stood at $5.0 billion in 2022, then declined by 7.47% to $4.6 billion in 2023, then decreased by 4.16% to $4.4 billion in 2024, then sank by 30.56% to $3.1 billion in 2025, then grew by 2.24% to $3.1 billion in 2026.
- Business Quant data shows TRGP's Common Equity at $3.1 billion in Q1 2026, $3.1 billion in Q4 2025, and $2.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 47.38 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 29.53 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 31.32 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 49.74 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 3.41 Bn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 14.30 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 3.14 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 22.36 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 26.46 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | 8.67 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.14 Bn |
| Dec 31, 2025 | 3.07 Bn |
| Sep 30, 2025 | 2.83 Bn |
| Jun 30, 2025 | 2.71 Bn |
| Mar 31, 2025 | 2.57 Bn |
| Dec 31, 2024 | 4.42 Bn |
| Sep 30, 2024 | 4.46 Bn |
| Jun 30, 2024 | 4.35 Bn |
| Mar 31, 2024 | 4.58 Bn |
| Dec 31, 2023 | 4.61 Bn |
| Sep 30, 2023 | 4.38 Bn |
| Jun 30, 2023 | 4.54 Bn |
| Mar 31, 2023 | 4.41 Bn |
| Dec 31, 2022 | 4.98 Bn |
| Sep 30, 2022 | 4.73 Bn |
| Jun 30, 2022 | 4.40 Bn |
| Mar 31, 2022 | 4.02 Bn |
| Dec 31, 2021 | 5.18 Bn |
| Sep 30, 2021 | 5.40 Bn |
| Jun 30, 2021 | 5.40 Bn |