Targa Resources (TRGP) Payables (2010 - 2026)

Targa Resources' (TRGP) quarterly Payables came in at $2.0 billion in Q1 2026, up 5.19% year-on-year from $1.9 billion in Q1 2025, and up 6.13% on a QoQ basis from $1.9 billion in Q4 2025.

Targa Resources (TRGP) Payables (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has 17 years of Payables data on file, last reported at $2.0 billion in Q1 2026.

  • On a quarterly basis, Payables rose 5.19% year-over-year to $2.0 billion in Q1 2026; TTM through Mar 2026 was $2.0 billion, a 5.19% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, down 6.93% from the prior year.
  • Payables for Q1 2026 stood at $2.0 billion, up from $1.9 billion in the prior quarter.
  • Over the last five years, Payables for TRGP reached as high as $2.0 billion in Q4 2024 and fell as low as $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.
  • Across the five-year window, Payables soared 90.3% in 2022 and sank 38.28% in 2023, its largest moves.
  • Year by year, Payables stood at $1.4 billion in 2022, then increased by 8.7% to $1.6 billion in 2023, then grew by 27.79% to $2.0 billion in 2024, then fell by 6.93% to $1.9 billion in 2025, then rose by 6.13% to $2.0 billion in 2026.
  • Per Business Quant data, the three most recent Payables figures were $2.0 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 33.93 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 7.50 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 1.57 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 1.09 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 2.29 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 1.51 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 53.00 Mn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 1.99 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 5.22 Bn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 126.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 1.03 Bn