Gathering And Processing — Operating Expenses
Targa Resources Gathering And Processing — Operating Expenses decreased by 4.0% to $233.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $208.20M to $233.60M. Over 3 years (FY 2022 to FY 2025), Gathering And Processing — Operating Expenses shows an upward trend with a 14.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests declining operational efficiency or rising maintenance costs, while a decrease indicates improved cost management.
Detailed definition
This metric encompasses the direct costs associated with operating and maintaining the gathering and processing infrastr...
Peer comparison
Peer companies report these as segment-level operating expenses, often benchmarked against throughput volumes.
trgp_segment_gathering_and_processing_operating_expensesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $152.95M | $152.95M | $152.95M | $152.95M | $186.65M | $186.65M | $186.65M | $186.65M | $188.10M | $205.70M | $203.70M | $217.10M | $208.20M | $219.40M | $236.10M | $243.30M | $233.60M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +22.0% | +0.0% | +0.0% | +0.0% | +0.8% | +9.4% | -1.0% | +6.6% | -4.1% | +5.4% | +7.6% | +3.0% | -4.0% |
| YoY Change | — | — | — | — | +22.0% | +22.0% | +22.0% | +22.0% | +0.8% | +10.2% | +9.1% | +16.3% | +10.7% | +6.7% | +15.9% | +12.1% | +12.2% |
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Frequently Asked Questions
- What is Targa Resources's gathering and processing — operating expenses?
- Targa Resources (TRGP) reported gathering and processing — operating expenses of $233.60M in Q1 2026.
- How has Targa Resources's gathering and processing — operating expenses changed year-over-year?
- Targa Resources's gathering and processing — operating expenses increased by 12.2% year-over-year, from $208.20M to $233.60M.
- What is the long-term trend for Targa Resources's gathering and processing — operating expenses?
- Over 3 years (2022 to 2025), Targa Resources's gathering and processing — operating expenses has grown at a 14.0% compound annual growth rate (CAGR), from $611.80M to $907.00M.
- What does gathering and processing — operating expenses mean?
- The total costs incurred to operate and maintain gathering and processing facilities.