Business Segments · Total Assets

Gathering And Processing — Total Assets

Targa Resources Gathering And Processing — Total Assets increased by 11.2% to $16.47B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.0%, from $13.73B to $16.47B. Over 4 years (FY 2021 to FY 2025), Gathering And Processing — Total Assets shows an upward trend with a 13.9% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
Rolls up toTotal Assets

How to read this metric

An increase indicates capital expansion or acquisitions, while a decrease may reflect depreciation or asset divestitures.

Detailed definition

This represents the total book value of the physical assets, including pipelines, processing plants, and related equipme...

Peer comparison

Standard asset reporting for midstream segments across the energy sector.

Metric ID: trgp_segment_gathering_and_processing_assets

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$8.49B$8.56B$8.01B$7.95B$8.25B$12.13B$12.13B$12.20B$12.32B$12.41B$12.69B$12.82B$12.96B$13.20B$13.58B$13.73B$13.94B$14.21B$14.81B$16.47B
QoQ Change+0.8%-6.4%-0.7%+3.8%+46.9%+0.1%+0.5%+1.0%+0.7%+2.3%+1.0%+1.1%+1.9%+2.8%+1.1%+1.5%+2.0%+4.2%+11.2%
YoY Change-2.8%+41.7%+51.5%+53.4%+49.2%+2.3%+4.5%+5.0%+5.2%+6.4%+7.0%+7.1%+7.6%+7.7%+9.1%+20.0%
Range$7.95B$16.47B
CAGR+15.0%
Avg YoY Growth+17.2%
Median YoY Growth+7.3%
Current Streak16 quarters growth

Frequently Asked Questions

What is Targa Resources's gathering and processing — total assets?
Targa Resources (TRGP) reported gathering and processing — total assets of $16.47B in Q1 2026.
How has Targa Resources's gathering and processing — total assets changed year-over-year?
Targa Resources's gathering and processing — total assets increased by 20.0% year-over-year, from $13.73B to $16.47B.
What is the long-term trend for Targa Resources's gathering and processing — total assets?
Over 4 years (2021 to 2025), Targa Resources's gathering and processing — total assets has grown at a 13.9% compound annual growth rate (CAGR), from $33.70B to $56.69B.
What does gathering and processing — total assets mean?
The total value of all physical assets owned and used by the gathering and processing segment.