Targa Resources (TRGP) Short-Term Debt repayments (2011 - 2026)
Targa Resources (TRGP) posted Short-Term Debt repayments of $21.77 billion for Q2 2026, up 1.4% from $21.48 billion a year earlier but down 31.0% from the prior quarter.
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Analysis
Targa Resources (TRGP) Short-Term Debt repayments (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Short-Term Debt repayments at Targa Resources was $116.7 billion, up 21.3% year-over-year; for FY2025, it was $110.53 billion, up 30.8% from FY2024.
- Annual Short-Term Debt repayments has increased for three consecutive years, with a five-year compound annual growth rate of 128.0% (FY2020 to FY2025).
- In prior years, Targa Resources' Short-Term Debt repayments was $84.48 billion in FY2024 (+41.2%), $59.84 billion in FY2023 (+102.9%), $29.5 billion in FY2022 and $1.46 billion in FY2021 (-18.9%).
- Quarterly Short-Term Debt repayments has run from a low of $310 million in Q3 2021 to a high of $39.8 billion in Q3 2025 over five years.
- On a year-over-year basis, Short-Term Debt repayments increased in six of the last eight quarters, with growth averaging 37.9%.
- The strongest year-over-year quarter for Short-Term Debt repayments in the past five years was Q2 2023, with growth of 582.9%; the weakest was Q3 2021, with a decline of 44.6%.
- According to Business Quant data, Short-Term Debt repayments for the three prior quarters was $31.53 billion (Q1 2026), $23.61 billion (Q4 2025) and $39.8 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ST Debt Repayment (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 107.74 Bn | 103.34 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 87.68 Bn | 86.39 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 81.05 Bn | 81.05 Bn | - | - |
| 4 | Kinder Morgan | 73.12 Bn | 71.98 Bn | 2.97 Bn | - |
| 5 | Energy Transfer | 70.46 Bn | 63.64 Bn | 7.40 Bn | - |
| 6 | Tc Energy | 66.27 Bn | 62.36 Bn | 2.81 Bn | - |
| 7 | Cheniere Energy | 65.15 Bn | 65.15 Bn | - | - |
| 8 | Targa Resources | 63.25 Bn | 62.73 Bn | 2.14 Bn | 21.92 Bn |
| 9 | Mplx | 59.89 Bn | 53.45 Bn | 2.91 Bn | - |
| 10 | Oneok | 58.58 Bn | 57.98 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.92 Bn |
| Mar 31, 2026 | 32.13 Bn |
| Dec 31, 2025 | 24.21 Bn |
| Sep 30, 2025 | 39.80 Bn |
| Jun 30, 2025 | 22.08 Bn |
| Mar 31, 2025 | 26.24 Bn |
| Dec 31, 2024 | 25.87 Bn |
| Sep 30, 2024 | 24.13 Bn |
| Jun 30, 2024 | 21.56 Bn |
| Mar 31, 2024 | 13.94 Bn |
| Dec 31, 2023 | 12.93 Bn |
| Sep 30, 2023 | 17.65 Bn |
| Jun 30, 2023 | 14.31 Bn |
| Mar 31, 2023 | 15.62 Bn |
| Dec 31, 2022 | 22.34 Bn |
| Sep 30, 2022 | 10.28 Bn |
| Jun 30, 2022 | 2.07 Bn |
| Mar 31, 2022 | 940.00 Mn |
| Dec 31, 2021 | 250.00 Mn |
| Sep 30, 2021 | 370.00 Mn |
API Access
Targa Resources Short-Term Debt repayments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-debt-repayments&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt-repayments", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=short-term-debt-repayments&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();