Business Segments · Goodwill

Gathering And Processing — Goodwill

Targa Resources Gathering And Processing — Goodwill increased by 5.9% to $118.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 163.1%, from $45.20M to $118.90M. Over 4 years (FY 2021 to FY 2025), Gathering And Processing — Goodwill shows an upward trend with a 8.2% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026
Rolls up toGoodwill

How to read this metric

A significant decrease may signal an impairment charge, indicating that the acquired assets are not performing as expected.

Detailed definition

This represents the intangible asset value recorded when the gathering and processing segment acquires other businesses...

Peer comparison

Common in companies that have grown through M&A; peers report this as part of segment-level intangible assets.

Metric ID: trgp_segment_gathering_and_processing_goodwill

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$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$112.30M$118.90M
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+148.5%+5.9%
YoY Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+148.5%+163.1%
Range$45.20M$118.90M
CAGR+22.6%
Avg YoY Growth+19.5%
Median YoY Growth+0.0%
Current Streak19+ quarters growth

Frequently Asked Questions

What is Targa Resources's gathering and processing — goodwill?
Targa Resources (TRGP) reported gathering and processing — goodwill of $118.90M in Q1 2026.
How has Targa Resources's gathering and processing — goodwill changed year-over-year?
Targa Resources's gathering and processing — goodwill increased by 163.1% year-over-year, from $45.20M to $118.90M.
What is the long-term trend for Targa Resources's gathering and processing — goodwill?
Over 4 years (2021 to 2025), Targa Resources's gathering and processing — goodwill has grown at a 8.2% compound annual growth rate (CAGR), from $180.80M to $247.90M.
What does gathering and processing — goodwill mean?
The premium paid for past acquisitions within the gathering and processing segment that exceeds the value of the acquired physical assets.