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Targa Resources (TRGP) Operating Expenses (2016 - 2025)

Targa Resources (TRGP) has disclosed Operating Expenses for 13 consecutive years, with $337.6 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 10.36% to $337.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.3 billion through Dec 2025, up 10.44% year-over-year, with the annual reading at $1.3 billion for FY2025, 10.44% up from the prior year.
  • Operating Expenses for Q4 2025 was $337.6 million at Targa Resources, up from $333.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $337.6 million in Q4 2025, with the low at $171.1 million in Q1 2021.
  • Average Operating Expenses over 5 years is $260.6 million, with a median of $271.0 million recorded in 2023.
  • The sharpest move saw Operating Expenses dropped 5.37% in 2021, then soared 40.71% in 2023.
  • Over 5 years, Operating Expenses stood at $201.7 million in 2021, then increased by 25.04% to $252.2 million in 2022, then rose by 6.86% to $269.5 million in 2023, then grew by 13.51% to $305.9 million in 2024, then increased by 10.36% to $337.6 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $337.6 million, $333.5 million, and $323.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.