Targa Resources (TRGP) Long-Term Investments (2010 - 2026)
Targa Resources' Long-Term Investments was $317.5 million in Q2 2026, up 18.2% from $268.6 million a year earlier and up 0.8% from the prior quarter.
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Analysis
Targa Resources (TRGP) Long-Term Investments (2010 - 2026) Analysis & Trends
At the end of FY2025, Long-Term Investments at Targa Resources came in at $307.1 million, up 58.9% from FY2024.
- Long-Term Investments has now increased for three consecutive years, though with a five-year compound annual growth rate of -15.5% (FY2020 to FY2025).
- In earlier years, Long-Term Investments was $193.3 million in FY2024 (+32.1%), $146.3 million in FY2023 (+11.4%), $131.3 million in FY2022 (-77.6%) and $586.5 million in FY2021 (-17.9%).
- The Q2 2026 figure marks the highest quarterly Long-Term Investments since Q1 2022.
- Compared with a year earlier, Long-Term Investments has increased for 12 straight quarters, with growth averaging 46.4% over the last eight quarters.
- The best year-over-year quarter for Long-Term Investments over five years was Q3 2025 (growth of 78.2%); the worst was Q2 2022 (a decline of 80.0%).
- Per Business Quant data, TRGP's Long-Term Investments in the three quarters before Q2 2026 was $315 million (Q1 2026), $307.1 million (Q4 2025) and $315.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 16.14 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.17 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.64 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 7.71 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 8.27 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 317.50 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 5.15 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | - |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 14.47 Bn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 317.50 Mn |
| Mar 31, 2026 | 315.00 Mn |
| Dec 31, 2025 | 307.10 Mn |
| Sep 30, 2025 | 315.90 Mn |
| Jun 30, 2025 | 268.60 Mn |
| Mar 31, 2025 | 217.60 Mn |
| Dec 31, 2024 | 193.30 Mn |
| Sep 30, 2024 | 177.30 Mn |
| Jun 30, 2024 | 159.80 Mn |
| Mar 31, 2024 | 152.20 Mn |
| Dec 31, 2023 | 146.30 Mn |
| Sep 30, 2023 | 138.30 Mn |
| Jun 30, 2023 | 131.80 Mn |
| Mar 31, 2023 | 134.70 Mn |
| Dec 31, 2022 | 131.30 Mn |
| Sep 30, 2022 | 136.40 Mn |
| Jun 30, 2022 | 137.10 Mn |
| Mar 31, 2022 | 579.80 Mn |
| Dec 31, 2021 | 586.50 Mn |
| Sep 30, 2021 | 674.60 Mn |
API Access
Targa Resources Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();