Targa Resources (TRGP) Enterprise Value (2010 - 2026)
Targa Resources' (TRGP) quarterly Enterprise Value came in at $32.4 million in Q1 2026, up 207.28% year-on-year from $10.5 million in Q1 2025, and up 190.5% on a QoQ basis 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.
- On a quarterly basis, Enterprise Value rose 207.28% year-over-year to $32.4 million in Q1 2026; TTM through Mar 2026 was $32.4 million, a 207.28% increase from a year earlier, with the FY2025 full-year figure at -$35.8 million, down 102.15% from the prior year.
- Enterprise Value for Q1 2026 stood at $32.4 million, up from -$35.8 million in the prior quarter.
- Over the last five years, Enterprise Value for TRGP reached as high as $2.2 billion in Q1 2022 and fell as low as -$35.8 million in Q4 2025.
- Historically, Enterprise Value has averaged $1.3 billion across 5 years, with a median of $1.7 billion in 2024.
- Across the five-year window, Enterprise Value slumped 102.15% in 2025 and surged 207.28% in 2026, its largest moves.
- Year by year, Enterprise Value stood at $2.1 billion in 2022, then declined by 17.59% to $1.7 billion in 2023, then declined by 3.48% to $1.7 billion in 2024, then slumped by 102.15% to -$35.8 million in 2025, then jumped by 190.5% to $32.4 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were $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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126.77 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -389.07 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 700.77 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | -1.15 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.19 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | -971.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 32.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | -131.00 Mn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | -1.51 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 |