Targa Resources (TRGP) Common Equity (2010 - 2026)
Targa Resources' (TRGP) quarterly Common Equity came in at $3.1 billion in Q1 2026, up 21.91% year-on-year from $2.6 billion in Q1 2025, and up 2.24% sequentially from $3.1 billion in Q4 2025.
Targa Resources (TRGP) Common Equity (2010 - 2026) Analysis & Trends
Targa Resources' Common Equity history runs 17 years deep, the most recent figure standing at $3.1 billion for Q1 2026.
- In Q1 2026, Common Equity rose 21.91% year-over-year to $3.1 billion; the TTM figure through Mar 2026 stood at $3.1 billion (up 21.91% YoY), while the FY2025 annual figure was $3.1 billion, down 30.56% from the prior year.
- Common Equity came in at $3.1 billion for Q1 2026 at Targa Resources, up 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.
- The 5-year median for Common Equity is $4.4 billion (2022), against an average of $4.0 billion.
- The widest annual swing landed in 2025, when Common Equity slumped 43.8%; it then advanced 21.91% in 2026.
- A 5-year view of Common Equity shows it stood at $5.0 billion in 2022, then fell by 7.47% to $4.6 billion in 2023, then slipped by 4.16% to $4.4 billion in 2024, then slumped by 30.56% to $3.1 billion in 2025, then increased by 2.24% to $3.1 billion in 2026.
- Per Business Quant data, the three most recent Common Equity figures were $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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 47.38 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 31.32 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 29.53 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 49.74 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 3.14 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 14.30 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 22.36 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 78.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 7.23 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 9.60 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 |