Targa Resources Corp.
Close on Nov 2, 2026Market cap $63.20BP/E 28.1Yield 1.27%
Targa Resources Illustrative Targa Weighted Mont Belvieu NGL Benchmark by Quarter
Illustrative Targa Weighted Mont Belvieu NGL Benchmark Price (10-K)
Targa Resources Illustrative Targa Weighted Mont Belvieu NGL Benchmark: 0.56 $/gal in Q4 2025, down 13.8% from a year earlier.
Where the Q4 2025 figure comes from
“|| 4th Quarter | $ | 3.55 | $ | 0.56 | $ | 59.95”
Weighted Mont Belvieu Non-TET index basket (44% ethane, 32% propane, 11% normal butane, 4% isobutane, 9% natural gasoline). Published annually in Form 10-K with quarterly breakdown.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Illustrative Targa Weighted Mont Belvieu NGL Benchmark Price (10-K) | Year on year | Source |
|---|---|---|---|---|
| Q4 2025 | Dec 31, 2025 | 0.56 | -13.8% | FY2025 Form 10-K (2026-02-19) ↗ |
| Q3 2025 | Sep 30, 2025 | 0.57 | -3.4% | FY2025 Form 10-K (2026-02-19) ↗ |
| Q2 2025 | Jun 30, 2025 | 0.61 | 0.0% | FY2025 Form 10-K (2026-02-19) ↗ |
| Q1 2025 | Mar 31, 2025 | 0.70 | +7.7% | FY2025 Form 10-K (2026-02-19) ↗ |
| Q4 2024 | Dec 31, 2024 | 0.65 | +8.3% | FY2025 Form 10-K (2026-02-19) ↗ |
| Q3 2024 | Sep 30, 2024 | 0.59 | -4.8% | FY2025 Form 10-K (2026-02-19) ↗ |
| Q2 2024 | Jun 30, 2024 | 0.61 | +8.9% | FY2025 Form 10-K (2026-02-19) ↗ |
| Q1 2024 | Mar 31, 2024 | 0.65 | -7.1% | FY2025 Form 10-K (2026-02-19) ↗ |
| Q4 2023 | Dec 31, 2023 | 0.60 | -16.7% | FY2024 Form 10-K (2025-02-20) ↗ |
| Q3 2023 | Sep 30, 2023 | 0.62 | -34.0% | FY2024 Form 10-K (2025-02-20) ↗ |
| Q2 2023 | Jun 30, 2023 | 0.56 | -48.6% | FY2024 Form 10-K (2025-02-20) ↗ |
| Q1 2023 | Mar 31, 2023 | 0.70 | -32.7% | FY2024 Form 10-K (2025-02-20) ↗ |
| Q4 2022 | Dec 31, 2022 | 0.72 | -23.4% | FY2023 Form 10-K (2024-02-15) ↗ |
| Q3 2022 | Sep 30, 2022 | 0.94 | +9.3% | FY2023 Form 10-K (2024-02-15) ↗ |
| Q2 2022 | Jun 30, 2022 | 1.09 | +65.2% | FY2023 Form 10-K (2024-02-15) ↗ |
| Q1 2022 | Mar 31, 2022 | 1.04 | +60.0% | FY2023 Form 10-K (2024-02-15) ↗ |
| Q4 2021 | Dec 31, 2021 | 0.94 | +100.0% | FY2022 Form 10-K (2023-02-22) ↗ |
| Q3 2021 | Sep 30, 2021 | 0.86 | +104.8% | FY2022 Form 10-K (2023-02-22) ↗ |
| Q2 2021 | Jun 30, 2021 | 0.66 | +106.3% | FY2022 Form 10-K (2023-02-22) ↗ |
| Q1 2021 | Mar 31, 2021 | 0.65 | +80.6% | FY2022 Form 10-K (2023-02-22) ↗ |
| Q4 2020 | Dec 31, 2020 | 0.47 | -4.1% | FY2021 Form 10-K (2022-02-24) ↗ |
| Q3 2020 | Sep 30, 2020 | 0.42 | 0.0% | FY2021 Form 10-K (2022-02-24) ↗ |
| Q2 2020 | Jun 30, 2020 | 0.32 | -36.0% | FY2021 Form 10-K (2022-02-24) ↗ |
| Q1 2020 | Mar 31, 2020 | 0.36 | -40.0% | FY2021 Form 10-K (2022-02-24) ↗ |
| Q4 2019 | Dec 31, 2019 | 0.49 | – | FY2020 Form 10-K (2021-02-18) ↗ |
| Q3 2019 | Sep 30, 2019 | 0.42 | – | FY2020 Form 10-K (2021-02-18) ↗ |
| Q2 2019 | Jun 30, 2019 | 0.50 | – | FY2020 Form 10-K (2021-02-18) ↗ |
| Q1 2019 | Mar 31, 2019 | 0.60 | – | FY2020 Form 10-K (2021-02-18) ↗ |
Cite this data
StockData. (2026). Targa Resources Illustrative Targa Weighted Mont Belvieu NGL Benchmark, quarterly Q1 2019–Q4 2025 [Data set]. Compiled from Targa Resources SEC filings and investor materials. https://stockdatahq.com/stocks/trgp/kpis/bench-targa-ngl
See every metric in the Targa Resources KPI table. Data updated Nov 3, 2026.