Targa Resources (TRGP) Enterprise Value (2010 - 2026)
Targa Resources (TRGP) posted quarterly 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 reported Enterprise Value for 17 consecutive years, with $32.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value rose 207.28% year-over-year to $32.4 million; the TTM figure through Mar 2026 stood at $32.4 million (up 207.28% YoY), while the FY2025 annual figure was -$35.8 million, down 102.15% from the prior year.
- Enterprise Value advanced to $32.4 million in Q1 2026 per TRGP's latest filing, from -$35.8 million in the prior quarter.
- Across five years, Enterprise Value topped out at $2.2 billion in Q1 2022 and bottomed at -$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.
- Annual changes were most pronounced in 2025 — Enterprise Value plunged 102.15% — and 2026, when it jumped 207.28%.
- Targa Resources' Enterprise Value stood at $2.1 billion in 2022, then slipped by 17.59% to $1.7 billion in 2023, then slipped by 3.48% to $1.7 billion in 2024, then slumped by 102.15% to -$35.8 million in 2025, then surged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.13 Bn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 498.82 Mn |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | -861.00 Mn |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | -1.03 Bn |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | -532.80 Mn |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | -61.00 Mn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | -1.03 Bn |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 6.90 Mn |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 4.04 Bn |
| 10 | Venture Global | 34.41 Bn | 31.19 Bn | 2.92 Bn | 290.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.90 Mn |
| 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 |