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| Date | Value |
|---|---|
| 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 |