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

Targa Resources (TRGP) reported Equity Average of $3.2 billion for Q1 2026, down 7.49% year-over-year from $3.5 billion in Q1 2025, and up 9.52% quarter-over-quarter from $3.0 billion in Q4 2025.

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

Targa Resources (TRGP) has 16 years of Equity Average data on file, last reported at $3.2 billion in Q1 2026.

  • Equity Average for Q1 2026 came in at $3.2 billion, down 7.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.2 billion (down 7.49% YoY), and the FY2025 annual result was $3.8 billion, down 15.64% from the prior year.
  • Equity Average improved to $3.2 billion in Q1 2026 per TRGP's latest filing, 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.
  • A 5-year average of $4.1 billion and a median of $4.5 billion in 2023 frame the typical range for Equity Average.
  • The sharpest annual moves came in 2023 and 2025: Equity Average gained 6.35% in 2023, then slumped 40.81% in 2025.
  • A 5-year view of Equity Average shows it stood at $4.9 billion in 2022, then decreased by 7.47% to $4.5 billion in 2023, then dropped by 1.24% to $4.4 billion in 2024, then plunged by 33.48% to $3.0 billion in 2025, then climbed by 9.52% to $3.2 billion in 2026.
  • Business Quant data shows TRGP's Equity Average at $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 88.33 Bn 89.03 Bn 6.70 Bn 47.06 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 30.04 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 31.89 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 41.74 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 14.30 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 3.23 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 22.51 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 19.76 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 5.84 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