Targa Resources (TRGP) Receivables - Net (2010 - 2026)
Targa Resources' (TRGP) quarterly Receivables - Net came in at $1.7 billion in Q1 2026, up 20.55% year-on-year from $1.4 billion in Q1 2025, and up 14.72% sequentially from $1.5 billion in Q4 2025.
Targa Resources (TRGP) Receivables - Net (2010 - 2026) Analysis & Trends
Targa Resources' Receivables - Net history runs 17 years deep, the most recent figure standing at $1.7 billion for Q1 2026.
- In Q1 2026, Receivables - Net 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 - Net came in at $1.7 billion for Q1 2026 at Targa Resources, up from $1.5 billion in the prior quarter.
- Over five years, Receivables - Net peaked at $1.7 billion in Q1 2026 and troughed at $988.1 million in Q2 2023.
- The 5-year median for Receivables - Net is $1.4 billion (2025), against an average of $1.4 billion.
- The widest annual swing landed in 2022, when Receivables - Net jumped 78.82%; it then tumbled 38.73% in 2023.
- A 5-year view of Receivables - Net shows it 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.
- Per Business Quant data, the three most recent Receivables - Net figures were $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) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.69 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.47 Bn |
| Dec 31, 2025 | 1.47 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.41 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 1.62 Bn |
| Dec 31, 2024 | 1.62 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.48 Bn |
| Mar 31, 2024 | 1.48 Bn |
| Dec 31, 2023 | 1.47 Bn |
| Dec 31, 2023 | 1.47 Bn |