Targa Resources (TRGP) Net Cash Flow (2011 - 2026)
Targa Resources (TRGP) posted quarterly Net Cash Flow of -$66.0 million for Q1 2026, down 1018.64% year-over-year from $7.2 million in Q1 2025, and down 257.14% quarter-over-quarter from $42.0 million in Q4 2025.
Targa Resources (TRGP) Net Cash Flow (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Net Cash Flow for 16 consecutive years, with -$66.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Cash Flow fell 1018.64% year-over-year to -$66.0 million; the TTM figure through Mar 2026 stood at -$51.3 million (down 223.61% YoY), while the FY2025 annual figure was $8.8 million, down 43.59% from the prior year.
- Net Cash Flow slipped to -$66.0 million in Q1 2026 per TRGP's latest filing, from $42.0 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $56.5 million in Q2 2024 and bottomed at -$66.0 million in Q1 2026.
- Historically, Net Cash Flow has averaged -$3.4 million across 5 years, with a median of -$5.9 million in 2025.
- Annual changes were most pronounced in 2024 — Net Cash Flow jumped 1268.18% — and 2026, when it tumbled 1018.64%.
- Targa Resources' Net Cash Flow stood at $26.1 million in 2022, then plunged by 91.57% to $2.2 million in 2023, then surged by 1268.18% to $30.1 million in 2024, then jumped by 39.53% to $42.0 million in 2025, then plunged by 257.14% to -$66.0 million in 2026.
- Business Quant data shows TRGP's Net Cash Flow at -$66.0 million in Q1 2026, $42.0 million in Q4 2025, and $11.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | -61.00 Mn |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 157.60 Mn |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | -49.00 Mn |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 69.00 Mn |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 647.74 Mn |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | -11.00 Mn |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | -475.00 Mn |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 32.20 Mn |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | -251.00 Mn |
| 10 | Venture Global | 34.30 Bn | 31.08 Bn | 2.92 Bn | 1.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.20 Mn |
| Jun 30, 2026 | 32.20 Mn |
| Mar 31, 2026 | -66.00 Mn |
| Mar 31, 2026 | -66.00 Mn |
| Dec 31, 2025 | 42.00 Mn |
| Dec 31, 2025 | 42.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | -38.30 Mn |
| Jun 30, 2025 | -38.30 Mn |
| Mar 31, 2025 | -5.90 Mn |
| Mar 31, 2025 | -5.90 Mn |
| Dec 31, 2024 | 30.10 Mn |
| Dec 31, 2024 | 30.10 Mn |
| Sep 30, 2024 | -39.20 Mn |
| Sep 30, 2024 | -39.20 Mn |
| Jun 30, 2024 | 56.50 Mn |
| Jun 30, 2024 | 56.50 Mn |
| Mar 31, 2024 | -31.80 Mn |
| Mar 31, 2024 | -31.80 Mn |