Targa Resources (TRGP) Payables (2010 - 2026)
Targa Resources (TRGP) posted quarterly Payables of $2.0 billion for Q1 2026, up 5.19% year-over-year from $1.9 billion in Q1 2025, and up 6.13% quarter-over-quarter from $1.9 billion in Q4 2025.
Targa Resources (TRGP) Payables (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Payables for 17 consecutive years, with $2.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Payables rose 5.19% year-over-year to $2.0 billion; the TTM figure through Mar 2026 stood at $2.0 billion (up 5.19% YoY), while the FY2025 annual figure was $1.9 billion, down 6.93% from the prior year.
- Payables improved to $2.0 billion in Q1 2026 per TRGP's latest filing, from $1.9 billion in the prior quarter.
- Across five years, Payables topped out at $2.0 billion in Q4 2024 and bottomed at $1.2 billion in Q2 2023.
- Historically, Payables has averaged $1.7 billion across 5 years, with a median of $1.7 billion in 2024.
- Annual changes were most pronounced in 2022 — Payables surged 90.3% — and 2023, when it tumbled 38.28%.
- Targa Resources' Payables stood at $1.4 billion in 2022, then climbed by 8.7% to $1.6 billion in 2023, then advanced by 27.79% to $2.0 billion in 2024, then dropped by 6.93% to $1.9 billion in 2025, then grew by 6.13% to $2.0 billion in 2026.
- Business Quant data shows TRGP's Payables at $2.0 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.6 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.57 Bn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 1.13 Bn |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 1.97 Bn |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 13.73 Bn |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 1.27 Bn |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 5.03 Bn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 155.00 Mn |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 2.11 Bn |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 670.00 Mn |
| 10 | Venture Global | 34.41 Bn | 31.19 Bn | 2.92 Bn | 828.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.11 Bn |
| Mar 31, 2026 | 1.99 Bn |
| Dec 31, 2025 | 1.87 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Jun 30, 2025 | 1.73 Bn |
| Mar 31, 2025 | 1.89 Bn |
| Dec 31, 2024 | 2.01 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.69 Bn |
| Mar 31, 2024 | 1.71 Bn |
| Dec 31, 2023 | 1.57 Bn |
| Sep 30, 2023 | 1.58 Bn |
| Jun 30, 2023 | 1.17 Bn |
| Mar 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.45 Bn |
| Sep 30, 2022 | 1.81 Bn |
| Jun 30, 2022 | 1.90 Bn |
| Mar 31, 2022 | 1.80 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Sep 30, 2021 | 1.65 Bn |