Targa Resources (TRGP) Receivables (2010 - 2026)
Targa Resources (TRGP) posted quarterly Receivables of $1.7 billion for Q1 2026, up 20.55% year-over-year from $1.4 billion in Q1 2025, and up 14.72% quarter-over-quarter from $1.5 billion in Q4 2025.
Targa Resources (TRGP) Receivables (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Receivables for 17 consecutive years, with $1.7 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables rose 20.55% year-over-year to $1.7 billion; the TTM figure through Mar 2026 stood at $1.7 billion (up 20.55% YoY), while the FY2025 annual figure was $1.5 billion, down 8.88% from the prior year.
- Receivables climbed to $1.7 billion in Q1 2026 per TRGP's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Receivables topped out at $1.7 billion in Q1 2026 and bottomed at $988.1 million in Q2 2023.
- Historically, Receivables has averaged $1.4 billion across 5 years, with a median of $1.4 billion in 2025.
- Annual changes were most pronounced in 2022 — Receivables soared 78.82% — and 2023, when it slumped 38.73%.
- Targa Resources' Receivables stood at $1.4 billion in 2022, then rose by 4.44% to $1.5 billion in 2023, then increased by 10.01% to $1.6 billion in 2024, then decreased by 8.88% to $1.5 billion in 2025, then gained by 14.72% to $1.7 billion in 2026.
- Business Quant data shows TRGP's Receivables at $1.7 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.56 Bn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 7.19 Bn |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 9.40 Bn |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 16.92 Bn |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 1.80 Bn |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 3.55 Bn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 1.60 Bn |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 1.95 Bn |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Venture Global | 34.41 Bn | 31.19 Bn | 2.92 Bn | 844.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.95 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.47 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.41 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 1.62 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.48 Bn |
| Dec 31, 2023 | 1.47 Bn |
| Sep 30, 2023 | 1.24 Bn |
| Jun 30, 2023 | 988.10 Mn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.41 Bn |
| Sep 30, 2022 | 1.53 Bn |
| Jun 30, 2022 | 1.61 Bn |
| Mar 31, 2022 | 1.57 Bn |
| Dec 31, 2021 | 1.33 Bn |
| Sep 30, 2021 | 1.29 Bn |