Targa Resources (TRGP) Receivables - Net (2010 - 2026)
Targa Resources' (TRGP) quarterly Receivables - Net came in at $2.0 billion in Q2 2026, up 38.58% year-over-year from $1.4 billion in Q2 2025, and up 15.39% quarter-over-quarter from $1.7 billion in Q1 2026.
Analysis
Targa Resources (TRGP) Receivables - Net (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Receivables - Net for 17 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Receivables - Net rose 38.58% year-over-year to $2.0 billion in Q2 2026; TTM through Jun 2026 was $2.0 billion, a 38.58% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, down 8.88% from the prior year.
- Receivables - Net was $2.0 billion for Q2 2026 at Targa Resources, up from $1.7 billion in the prior quarter.
- Over five years, Receivables - Net peaked at $2.0 billion in Q2 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 2023 frame the typical range for Receivables - Net.
- Across the five-year window, Receivables - Net surged 78.82% in 2022 and tumbled 38.73% in 2023, its largest moves.
- Over 5 years, Receivables - Net stood at $1.4 billion in 2022, then grew by 4.44% to $1.5 billion in 2023, then climbed by 10.01% to $1.6 billion in 2024, then fell by 8.88% to $1.5 billion in 2025, then soared by 32.38% to $2.0 billion in 2026.
- The last three Receivables - Net figures came in at $2.0 billion (Q2 2026), $1.7 billion (Q1 2026), and $1.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
Historic 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 |