Targa Resources Logistics And Transportation — Operating Expenses increased by 6.4% to $100.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $95.50M to $100.20M. Over 3 years (FY 2022 to FY 2025), Logistics And Transportation — Operating Expenses shows an upward trend with a 9.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower expenses relative to revenue indicate improved operational efficiency, whereas rising expenses may signal inflationary pressures or aging asset maintenance needs.
This metric represents the total costs incurred to operate and maintain the logistics and transportation infrastructure,...
Standard operating expense metric used across the energy midstream sector to evaluate cost discipline.
trgp_segment_logistics_and_transportation_operating_expenses| 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 | $75.05M | $75.05M | $75.05M | $75.05M | $83.00M | $83.00M | $83.00M | $83.00M | $90.00M | $85.40M | $98.10M | $88.80M | $95.50M | $105.40M | $98.60M | $94.20M | $100.20M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +10.6% | +0.0% | +0.0% | +0.0% | +8.4% | -5.1% | +14.9% | -9.5% | +7.5% | +10.4% | -6.5% | -4.5% | +6.4% |
| YoY Change | — | — | — | — | +10.6% | +10.6% | +10.6% | +10.6% | +8.4% | +2.9% | +18.2% | +7.0% | +6.1% | +23.4% | +0.5% | +6.1% | +4.9% |