Targa Resources (TRGP) Enterprise Value (2010 - 2026)
Targa Resources (TRGP) reported Enterprise Value of $32.4 million for Q1 2026, up 207.28% year-over-year from $10.5 million in Q1 2025, and up 190.5% quarter-over-quarter from -$35.8 million in Q4 2025.
Targa Resources (TRGP) Enterprise Value (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of Enterprise Value data on file, last reported at $32.4 million in Q1 2026.
- Enterprise Value for Q1 2026 came in at $32.4 million, up 207.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $32.4 million (up 207.28% YoY), and the FY2025 annual result was -$35.8 million, down 102.15% from the prior year.
- Enterprise Value improved to $32.4 million in Q1 2026 per TRGP's latest filing, from -$35.8 million in the prior quarter.
- Over five years, Enterprise Value peaked at $2.2 billion in Q1 2022 and troughed at -$35.8 million in Q4 2025.
- A 5-year average of $1.3 billion and a median of $1.7 billion in 2024 frame the typical range for Enterprise Value.
- The sharpest annual moves came in 2025 and 2026: Enterprise Value plunged 102.15% in 2025, then jumped 207.28% in 2026.
- A 5-year view of Enterprise Value shows it stood at $2.1 billion in 2022, then decreased by 17.59% to $1.7 billion in 2023, then decreased by 3.48% to $1.7 billion in 2024, then sank by 102.15% to -$35.8 million in 2025, then jumped by 190.5% to $32.4 million in 2026.
- Business Quant data shows TRGP's Enterprise Value at $32.4 million in Q1 2026, -$35.8 million in Q4 2025, and $2.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 700.77 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | -1.15 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | -719.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -984.32 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | -1.51 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 32.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | -131.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.19 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | 2.20 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.40 Mn |
| Dec 31, 2025 | -35.80 Mn |
| Sep 30, 2025 | 2.90 Mn |
| Jun 30, 2025 | 10.20 Mn |
| Mar 31, 2025 | -30.20 Mn |
| Dec 31, 2024 | 1.67 Bn |
| Sep 30, 2024 | 1.76 Bn |
| Jun 30, 2024 | 1.72 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Dec 31, 2023 | 1.73 Bn |
| Sep 30, 2023 | 1.73 Bn |
| Jun 30, 2023 | 1.70 Bn |
| Mar 31, 2023 | 1.65 Bn |
| Dec 31, 2022 | 2.10 Bn |
| Sep 30, 2022 | 2.15 Bn |
| Jun 30, 2022 | 2.18 Bn |
| Mar 31, 2022 | 2.18 Bn |
| Dec 31, 2021 | 3.01 Bn |
| Sep 30, 2021 | 2.99 Bn |
| Jun 30, 2021 | 3.00 Bn |