Targa Resources (TRGP) Intangibles (2011 - 2026)
Targa Resources' (TRGP) quarterly Intangibles came in at $659.0 million in Q2 2026, down 84.95% year-over-year from $4.4 billion in Q2 2025, and down 86.9% quarter-over-quarter from $5.0 billion in Q1 2026.
Analysis
Targa Resources (TRGP) Intangibles (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Intangibles for 16 consecutive years, with $659.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Intangibles fell 84.95% year-over-year to $659.0 million in Q2 2026; TTM through Jun 2026 was $659.0 million, a 84.95% decrease from a year earlier, with the FY2025 full-year figure at $4.4 billion, changed 0.0% from the prior year.
- Intangibles was $659.0 million for Q2 2026 at Targa Resources, down from $5.0 billion in the prior quarter.
- Over five years, Intangibles peaked at $5.0 billion in Q1 2026 and troughed at $659.0 million in Q2 2026.
- A 5-year average of $3.7 billion and a median of $4.4 billion in 2023 frame the typical range for Intangibles.
- Across the five-year window, Intangibles soared 149.78% in 2022 and slumped 84.95% in 2026, its largest moves.
- Over 5 years, Intangibles stood at $2.7 billion in 2022, then decreased by 14.04% to $2.4 billion in 2023, then surged by 86.25% to $4.4 billion in 2024, then changed by 0.0% to $4.4 billion in 2025, then tumbled by 84.95% to $659.0 million in 2026.
- The last three Intangibles figures came in at $659.0 million (Q2 2026), $5.0 billion (Q1 2026), and $4.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.87 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 4.05 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.16 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 659.00 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.32 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 2.84 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.87 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | - |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 659.00 Mn |
| Mar 31, 2026 | 5.03 Bn |
| Dec 31, 2025 | 4.38 Bn |
| Sep 30, 2025 | 4.38 Bn |
| Jun 30, 2025 | 4.38 Bn |
| Mar 31, 2025 | 4.38 Bn |
| Dec 31, 2024 | 4.38 Bn |
| Sep 30, 2024 | 4.38 Bn |
| Jun 30, 2024 | 4.38 Bn |
| Mar 31, 2024 | 4.38 Bn |
| Dec 31, 2023 | 2.35 Bn |
| Sep 30, 2023 | 4.38 Bn |
| Jun 30, 2023 | 4.38 Bn |
| Mar 31, 2023 | 4.38 Bn |
| Dec 31, 2022 | 2.73 Bn |
| Sep 30, 2022 | 1.88 Bn |
| Jun 30, 2022 | 2.50 Bn |
| Mar 31, 2022 | 2.50 Bn |
| Dec 31, 2021 | 1.09 Bn |
| Sep 30, 2021 | 2.64 Bn |