Current Assets

Derivative Asset Before Effects Of Master Netting Arrangements Current

Targa Resources Derivative Asset Before Effects Of Master Netting Arrangements Current decreased by 35.0% to $100.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.6%, from $74.20M to $100.60M. Over 5 years (FY 2020 to FY 2025), Derivative Asset Before Effects Of Master Netting Arrangements Current shows an upward trend with a 12.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalHigher is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates that the company's hedging positions are gaining value, providing a potential buffer against market volatility.

Detailed definition

This represents the fair value of derivative financial instruments that are expected to be realized within one year. The...

Peer comparison

Midstream companies frequently use derivatives to stabilize cash flows, making this a standard metric for assessing risk management effectiveness.

Metric ID: current_assets_derivative_asset_before_effects_of_master_886fc0

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$76.80M$82.70M$43.10M$22.00M$80.80M$185.80M$179.90M$146.50M$194.20M$84.20M$111.90M$72.60M$62.80M$75.00M$61.80M$74.20M$78.30M$99.80M$154.70M$100.60M
QoQ Change+7.7%-47.9%-49.0%+267.3%+130.0%-3.2%-18.6%+32.6%-56.6%+32.9%-35.1%-13.5%+19.4%-17.6%+20.1%+5.5%+27.5%+55.0%-35.0%
YoY Change+5.2%+124.7%+317.4%+565.9%+140.3%-54.7%-37.8%-50.4%-67.7%-10.9%-44.8%+2.2%+24.7%+33.1%+150.3%+35.6%
Range$22.00M$194.20M
CAGR+5.8%
Avg YoY Growth+70.8%
Median YoY Growth+14.9%

Frequently Asked Questions

What is Targa Resources's derivative asset before effects of master netting arrangements current?
Targa Resources (TRGP) reported derivative asset before effects of master netting arrangements current of $100.60M in Q1 2026.
How has Targa Resources's derivative asset before effects of master netting arrangements current changed year-over-year?
Targa Resources's derivative asset before effects of master netting arrangements current increased by 35.6% year-over-year, from $74.20M to $100.60M.
What is the long-term trend for Targa Resources's derivative asset before effects of master netting arrangements current?
Over 5 years (2020 to 2025), Targa Resources's derivative asset before effects of master netting arrangements current has grown at a 12.6% compound annual growth rate (CAGR), from $85.50M to $154.70M.
What does derivative asset before effects of master netting arrangements current mean?
The current value of financial contracts used to hedge risks that are expected to be settled within a year.