Targa Resources (TRGP) Receivables (2010 - 2026)
Targa Resources (TRGP) reported 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 17 years of Receivables data on file, last reported at $1.7 billion in Q1 2026.
- Receivables for Q1 2026 came in at $1.7 billion, up 20.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 20.55% YoY), and the FY2025 annual result was $1.5 billion, down 8.88% from the prior year.
- Receivables rose to $1.7 billion in Q1 2026 per TRGP's latest filing, from $1.5 billion in the prior quarter.
- Over five years, Receivables peaked at $1.7 billion in Q1 2026 and troughed at $988.1 million in Q2 2023.
- A 5-year average of $1.4 billion and a median of $1.4 billion in 2025 frame the typical range for Receivables.
- The sharpest annual moves came in 2022 and 2023: Receivables soared 78.82% in 2022, then slumped 38.73% in 2023.
- A 5-year view of Receivables shows it stood at $1.4 billion in 2022, then increased by 4.44% to $1.5 billion in 2023, then grew by 10.01% to $1.6 billion in 2024, then retreated by 8.88% to $1.5 billion in 2025, then rose 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 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 3.01 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 8.34 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.58 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 15.85 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 225.25 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.78 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 1.69 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.67 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.16 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | 1.63 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 901.80 Mn |