Targa Resources (TRGP) Payables (2010 - 2026)
Targa Resources' (TRGP) quarterly Payables came in at $2.1 billion in Q2 2026, up 22.11% year-over-year from $1.7 billion in Q2 2025, and up 6.06% quarter-over-quarter from $2.0 billion in Q1 2026.
Analysis
Targa Resources (TRGP) Payables (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Payables for 17 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables rose 22.11% year-over-year to $2.1 billion in Q2 2026; TTM through Jun 2026 was $2.1 billion, a 22.11% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, down 6.93% from the prior year.
- Payables was $2.1 billion for Q2 2026 at Targa Resources, up from $2.0 billion in the prior quarter.
- Over five years, Payables peaked at $2.1 billion in Q2 2026 and troughed at $1.2 billion in Q2 2023.
- A 5-year average of $1.7 billion and a median of $1.7 billion in 2024 frame the typical range for Payables.
- Across the five-year window, Payables jumped 90.3% in 2022 and plunged 38.28% in 2023, its largest moves.
- Over 5 years, Payables stood at $1.4 billion in 2022, then gained by 8.7% to $1.6 billion in 2023, then rose by 27.79% to $2.0 billion in 2024, then decreased by 6.93% to $1.9 billion in 2025, then gained by 12.57% to $2.1 billion in 2026.
- The last three Payables figures came in at $2.1 billion (Q2 2026), $2.0 billion (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.57 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.97 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 13.73 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 674.49 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 2.11 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 155.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 5.03 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.13 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 1.17 Bn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | 100.46 Bn |
Historic Data
Download Data
Historic 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 |