Current Liabilities

Derivative Liability Before Effects Of Master Netting Arrangements Current

Targa Resources Derivative Liability Before Effects Of Master Netting Arrangements Current increased by 57.2% to $368.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $362.70M to $368.10M. Over 5 years (FY 2020 to FY 2025), Derivative Liability Before Effects Of Master Netting Arrangements Current shows an upward trend with a 10.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

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

How to read this metric

An increase suggests that market movements have moved against the company's hedge positions, potentially impacting short-term liquidity.

Detailed definition

The fair value of derivative contracts that are in a liability position and are expected to be settled within one year....

Peer comparison

Highly dependent on the company's hedging strategy and commodity price volatility compared to peers.

Metric ID: current_liabilities_derivative_liability_before_effects__80f302

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$292.00M$472.30M$258.20M$499.80M$425.50M$401.00M$320.10M$156.60M$51.10M$105.80M$54.00M$76.80M$111.70M$72.20M$167.30M$362.70M$154.60M$240.20M$234.10M$368.10M
QoQ Change+61.7%-45.3%+93.6%-14.9%-5.8%-20.2%-51.1%-67.4%+107.0%-49.0%+42.2%+45.4%-35.4%+131.7%+116.8%-57.4%+55.4%-2.5%+57.2%
YoY Change+45.7%-15.1%+24.0%-68.7%-88.0%-73.6%-83.1%-51.0%+118.6%-31.8%+209.8%+372.3%+38.4%+232.7%+39.9%+1.5%
Range$51.10M$499.80M
CAGR+5.0%
Avg YoY Growth+42.0%
Median YoY Growth+12.7%

Frequently Asked Questions

What is Targa Resources's derivative liability before effects of master netting arrangements current?
Targa Resources (TRGP) reported derivative liability before effects of master netting arrangements current of $368.10M in Q1 2026.
How has Targa Resources's derivative liability before effects of master netting arrangements current changed year-over-year?
Targa Resources's derivative liability before effects of master netting arrangements current increased by 1.5% year-over-year, from $362.70M to $368.10M.
What is the long-term trend for Targa Resources's derivative liability before effects of master netting arrangements current?
Over 5 years (2020 to 2025), Targa Resources's derivative liability before effects of master netting arrangements current has grown at a 10.4% compound annual growth rate (CAGR), from $142.60M to $234.10M.
What does derivative liability before effects of master netting arrangements current mean?
The value of short-term hedging contracts that currently represent a loss for the company.