Targa Resources Derivative Asset Before Effects Of Master Netting Arrangements Noncurrent increased by 10.0% to $38.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $34.70M to $38.50M. Over 5 years (FY 2020 to FY 2025), Derivative Asset Before Effects Of Master Netting Arrangements Noncurrent shows a downward trend with a -6.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates that the company has locked in favorable long-term pricing or risk protection, enhancing future cash flow predictability.
This represents the fair value of derivative financial instruments with maturities extending beyond one year. These long...
Long-term hedging is a strategic tool for midstream companies to protect cash flows against multi-year commodity price cycles.
non_current_assets_derivative_asset_before_effects_of_ma_58aa66| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $6.50M | $13.40M | $7.70M | $7.30M | $20.50M | $50.20M | $24.50M | $36.20M | $48.50M | $17.70M | $33.30M | $17.10M | $16.90M | $35.30M | $25.30M | $34.70M | $26.20M | $33.20M | $35.00M | $38.50M |
| QoQ Change | — | +106.2% | -42.5% | -5.2% | +180.8% | +144.9% | -51.2% | +47.8% | +34.0% | -63.5% | +88.1% | -48.6% | -1.2% | +108.9% | -28.3% | +37.2% | -24.5% | +26.7% | +5.4% | +10.0% |
| YoY Change | — | — | — | — | +215.4% | +274.6% | +218.2% | +395.9% | +136.6% | -64.7% | +35.9% | -52.8% | -65.2% | +99.4% | -24.0% | +102.9% | +55.0% | -5.9% | +38.3% | +11.0% |