Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

Targa Resources (TRGP) Common Equity (2010 - 2026)

Targa Resources' (TRGP) quarterly Common Equity came in at $3.8 billion in Q2 2026, up 39.99% year-over-year from $2.7 billion in Q2 2025, and up 16.11% quarter-over-quarter from $3.3 billion in Q1 2026.

Analysis

Targa Resources (TRGP) Common Equity (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has reported Common Equity for 17 consecutive years, with $3.8 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Common Equity rose 39.99% year-over-year to $3.8 billion in Q2 2026; TTM through Jun 2026 was $3.8 billion, a 39.99% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, down 27.61% from the prior year.
  • Common Equity was $3.8 billion for Q2 2026 at Targa Resources, up from $3.3 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.
  • Across the five-year window, Common Equity slumped 43.8% in 2025 and surged 39.99% in 2026, its largest moves.
  • Over 5 years, Common Equity stood at $5.0 billion in 2022, then dropped by 7.47% to $4.6 billion in 2023, then retreated by 4.16% to $4.4 billion in 2024, then declined by 27.61% to $3.2 billion in 2025, then gained by 18.68% to $3.8 billion in 2026.
  • The last three Common Equity figures came in at $3.8 billion (Q2 2026), $3.3 billion (Q1 2026), and $3.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 32.88 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 31.37 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 50.52 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 20.07 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 3.80 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 14.25 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 23.04 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 49.24 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 17.06 Bn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - 3,127.87 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.80 Bn
Mar 31, 2026 3.27 Bn
Dec 31, 2025 3.20 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