Targa Resources (TRGP) Short-term Investments (2009 - 2026)
Targa Resources' Short-term Investments came in at $61 million for Q3 2026, down 38.9% from $99.8 million a year earlier and down 19.2% from the prior quarter.
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Analysis
Targa Resources (TRGP) Short-term Investments (2009 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources' Short-term Investments was $154.7 million, up 150.3% from FY2024.
- Short-term Investments carries a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- Going back by year, Short-term Investments was $61.8 million in FY2024 (-44.8%), $111.9 million in FY2023 (-37.8%), $179.9 million in FY2022 (+317.4%) and $43.1 million in FY2021 (-49.6%).
- The Q3 2026 figure represents the lowest quarterly Short-term Investments since Q1 2022.
- Year-over-year, Short-term Investments increased in five of the last eight quarters, with growth averaging 19.8%.
- The fastest year-over-year change in Short-term Investments over five years came in Q1 2023 (growth of 565.9%), and the weakest in Q1 2022 (a decline of 73.6%).
- Business Quant data shows TRGP's Short-term Investments at $75.5 million (Q2 2026), $100.6 million (Q1 2026) and $154.7 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 61.00 Mn |
| Jun 30, 2026 | 75.50 Mn |
| Mar 31, 2026 | 100.60 Mn |
| Dec 31, 2025 | 154.70 Mn |
| Sep 30, 2025 | 99.80 Mn |
| Jun 30, 2025 | 78.30 Mn |
| Mar 31, 2025 | 74.20 Mn |
| Dec 31, 2024 | 61.80 Mn |
| Sep 30, 2024 | 75.00 Mn |
| Jun 30, 2024 | 62.80 Mn |
| Mar 31, 2024 | 72.60 Mn |
| Dec 31, 2023 | 111.90 Mn |
| Sep 30, 2023 | 84.20 Mn |
| Jun 30, 2023 | 194.20 Mn |
| Mar 31, 2023 | 146.50 Mn |
| Dec 31, 2022 | 179.90 Mn |
| Sep 30, 2022 | 185.80 Mn |
| Jun 30, 2022 | 80.80 Mn |
| Mar 31, 2022 | 22.00 Mn |
| Dec 31, 2021 | 43.10 Mn |
API Access
Targa Resources Short-term Investments 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-investments&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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-investments&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();