Targa Resources (TRGP) Long-Term Debt Issuances (2011 - 2026)

Targa Resources (TRGP) posted quarterly Long-Term Debt Issuances of $1.2 billion for Q1 2026, down 39.82% year-over-year from $2.0 billion in Q1 2025, and up 159.39% quarter-over-quarter from -$2.0 billion in Q3 2025.

Targa Resources (TRGP) Long-Term Debt Issuances (2011 - 2026) Analysis & Trends

Targa Resources (TRGP) has reported Long-Term Debt Issuances for 15 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Long-Term Debt Issuances fell 39.82% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $676.1 million (down 75.36% YoY), while the FY2025 annual figure was $1.5 billion, up 89.68% from the prior year.
  • Long-Term Debt Issuances rose to $1.2 billion in Q1 2026 per TRGP's latest filing, from -$2.0 billion in the prior quarter.
  • Across five years, Long-Term Debt Issuances topped out at $2.0 billion in Q4 2023 and bottomed at -$2.0 billion in Q3 2025.
  • Historically, Long-Term Debt Issuances has averaged $762.6 million across 5 years, with a median of $1.2 billion in 2026.
  • Annual changes were most pronounced in 2024 — Long-Term Debt Issuances jumped 650100.0% — and 2025, when it sank 410.88%.
  • Targa Resources' Long-Term Debt Issuances stood at $1.2 billion in 2022, then soared by 61.14% to $2.0 billion in 2023, then sank by 67.67% to $650.0 million in 2024, then tumbled by 410.88% to -$2.0 billion in 2025, then soared by 159.39% to $1.2 billion in 2026.
  • Business Quant data shows TRGP's Long-Term Debt Issuances at $1.2 billion in Q1 2026, -$2.0 billion in Q3 2025, and $1.5 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) LT Debt Issuance (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 2.09 Bn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn -
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 32.42 Bn
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn 11.84 Bn
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn 1.68 Bn
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn -
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn -
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn -
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn 1.97 Bn
10 Venture Global 34.09 Bn 30.87 Bn 2.92 Bn 8.91 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.20 Bn
Mar 31, 2026 1.20 Bn
Sep 30, 2025 -2.02 Bn
Sep 30, 2025 -2.02 Bn
Jun 30, 2025 1.50 Bn
Jun 30, 2025 1.50 Bn
Mar 31, 2025 1.99 Bn
Mar 31, 2025 1.99 Bn
Sep 30, 2024 650.00 Mn
Sep 30, 2024 650.00 Mn
Jun 30, 2024 100.00 Mn
Jun 30, 2024 100.00 Mn
Mar 31, 2024 25.00 Mn
Mar 31, 2024 25.00 Mn
Dec 31, 2023 2.01 Bn
Dec 31, 2023 2.01 Bn
Sep 30, 2023 -100,000.00
Sep 30, 2023 -100,000.00
Mar 31, 2023 1.72 Bn
Mar 31, 2023 1.72 Bn