Targa Resources (TRGP) Equity Average (2011 - 2026)

Targa Resources' (TRGP) quarterly Equity Average came in at $3.2 billion in Q1 2026, down 7.49% year-on-year from $3.5 billion in Q1 2025, and up 9.52% sequentially from $3.0 billion in Q4 2025.

Targa Resources (TRGP) Equity Average (2011 - 2026) Analysis & Trends

Targa Resources' Equity Average history runs 16 years deep, the most recent figure standing at $3.2 billion for Q1 2026.

  • In Q1 2026, Equity Average fell 7.49% year-over-year to $3.2 billion; the TTM figure through Mar 2026 stood at $3.2 billion (down 7.49% YoY), while the FY2025 annual figure was $3.8 billion, down 15.64% from the prior year.
  • Equity Average came in at $3.2 billion for Q1 2026 at Targa Resources, up from $3.0 billion in the prior quarter.
  • Over five years, Equity Average peaked at $4.9 billion in Q4 2022 and troughed at $2.6 billion in Q2 2025.
  • The 5-year median for Equity Average is $4.5 billion (2023), against an average of $4.1 billion.
  • The widest annual swing landed in 2023, when Equity Average advanced 6.35%; it then tumbled 40.81% in 2025.
  • A 5-year view of Equity Average shows it stood at $4.9 billion in 2022, then slipped by 7.47% to $4.5 billion in 2023, then declined by 1.24% to $4.4 billion in 2024, then sank by 33.48% to $3.0 billion in 2025, then grew by 9.52% to $3.2 billion in 2026.
  • Per Business Quant data, the three most recent Equity Average figures were $3.2 billion in Q1 2026, $3.0 billion in Q4 2025, and $2.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 47.06 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 31.89 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 30.04 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 41.74 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 3.23 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 22.51 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 246.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 8.73 Bn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 12.95 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.23 Bn
Dec 31, 2025 2.95 Bn
Sep 30, 2025 2.71 Bn
Jun 30, 2025 2.64 Bn
Mar 31, 2025 3.50 Bn
Dec 31, 2024 4.44 Bn
Sep 30, 2024 4.40 Bn
Jun 30, 2024 4.46 Bn
Mar 31, 2024 4.59 Bn
Dec 31, 2023 4.49 Bn
Sep 30, 2023 4.46 Bn
Jun 30, 2023 4.48 Bn
Mar 31, 2023 4.70 Bn
Dec 31, 2022 4.86 Bn
Sep 30, 2022 4.57 Bn
Jun 30, 2022 4.21 Bn
Mar 31, 2022 4.60 Bn
Dec 31, 2021 5.29 Bn
Sep 30, 2021 5.40 Bn
Jun 30, 2021 5.46 Bn