Other

Derivative Liability Before Effects Of Master Netting Arrangements Noncurrent

Targa Resources Derivative Liability Before Effects Of Master Netting Arrangements Noncurrent increased by 401.3% to $112.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 42.0%, from $194.40M to $112.80M. Over 5 years (FY 2020 to FY 2025), Derivative Liability Before Effects Of Master Netting Arrangements Noncurrent shows a downward trend with a -12.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase reflects long-term exposure to unfavorable market movements in hedged assets or interest rates.

Detailed definition

The fair value of derivative contracts in a liability position that have a maturity date beyond one year. These represen...

Peer comparison

Varies significantly based on the duration and complexity of hedging programs among midstream peers.

Metric ID: other_derivative_liability_before_effects_of_master_nett_55d9f3

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$140.50M$151.20M$109.30M$267.20M$232.30M$165.10M$140.10M$62.40M$24.10M$34.80M$16.80M$39.80M$65.60M$82.90M$92.00M$194.40M$72.70M$34.20M$22.50M$112.80M
QoQ Change+7.6%-27.7%+144.5%-13.1%-28.9%-15.1%-55.5%-61.4%+44.4%-51.7%+136.9%+64.8%+26.4%+11.0%+111.3%-62.6%-53.0%-34.2%+401.3%
YoY Change+65.3%+9.2%+28.2%-76.6%-89.6%-78.9%-88.0%-36.2%+172.2%+138.2%+447.6%+388.4%+10.8%-58.7%-75.5%-42.0%
Range$16.80M$267.20M
CAGR-4.5%
Avg YoY Growth+44.6%
Median YoY Growth-13.5%

Frequently Asked Questions

What is Targa Resources's derivative liability before effects of master netting arrangements noncurrent?
Targa Resources (TRGP) reported derivative liability before effects of master netting arrangements noncurrent of $112.80M in Q1 2026.
How has Targa Resources's derivative liability before effects of master netting arrangements noncurrent changed year-over-year?
Targa Resources's derivative liability before effects of master netting arrangements noncurrent decreased by 42.0% year-over-year, from $194.40M to $112.80M.
What is the long-term trend for Targa Resources's derivative liability before effects of master netting arrangements noncurrent?
Over 5 years (2020 to 2025), Targa Resources's derivative liability before effects of master netting arrangements noncurrent has grown at a -12.3% compound annual growth rate (CAGR), from $43.40M to $22.50M.
What does derivative liability before effects of master netting arrangements noncurrent mean?
The value of long-term hedging contracts that currently represent a loss for the company.