Targa Resources Corp.
TRGPNYSENatural Gas TransmissionFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 9/3041% above fair value
$294.73−20.26 (-6.43%)
Close on Nov 2, 2026Market cap $63.20BP/E 28.1Yield 1.27%
Targa Resources PP&E Gross by Quarter
PP&E Gross — Construction in Progress (Active Growth Capex Backlog) ($M)
Targa Resources PP&E Gross: $2,816M in Q2 2026, up 40.6% from a year earlier. That is the highest of the 24 quarters on record here.
Latest, Q2 2026
2,816
Period ended Jun 30, 2026
Change on a year earlier
+40.6%
2,003 in Q2 2025
History
24 quarters
Since Q4 2019
Sources
18
Documents cited below
Where the Q2 2026 figure comes from
“|| Construction in progress | 2,816.4 | 2,804.9 | —”
Reported in Form 10-K / 10-Q PP&E Footnote.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | PP&E Gross — Construction in Progress (Active Growth Capex Backlog) ($M) | Year on year | Source |
|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | 2,816 | +40.6% | Q2 2026 Form 10-Q (2026-08-06) ↗ |
| Q1 2026 | Mar 31, 2026 | 2,462 | +58.3% | Q1 2026 Form 10-Q (2026-05-07) ↗ |
| Q4 2025 | Dec 31, 2025 | 2,805 | +64.7% | Q2 2026 Form 10-Q (2026-08-06) ↗ |
| Q3 2025 | Sep 30, 2025 | 2,267 | +25.7% | Q3 2025 Form 10-Q (2025-11-05) ↗ |
| Q2 2025 | Jun 30, 2025 | 2,003 | +5.0% | Q2 2025 Form 10-Q (2025-08-07) ↗ |
| Q1 2025 | Mar 31, 2025 | 1,555 | -19.3% | Q1 2025 Form 10-Q (2025-05-01) ↗ |
| Q4 2024 | Dec 31, 2024 | 1,703 | +16.9% | Q3 2025 Form 10-Q (2025-11-05) ↗ |
| Q3 2024 | Sep 30, 2024 | 1,804 | +15.2% | Q3 2024 Form 10-Q (2024-11-05) ↗ |
| Q2 2024 | Jun 30, 2024 | 1,908 | +50.6% | Q2 2024 Form 10-Q (2024-08-01) ↗ |
| Q1 2024 | Mar 31, 2024 | 1,929 | +77.7% | Q1 2024 Form 10-Q (2024-05-02) ↗ |
| Q4 2023 | Dec 31, 2023 | 1,456 | +44.0% | Q3 2024 Form 10-Q (2024-11-05) ↗ |
| Q3 2023 | Sep 30, 2023 | 1,566 | +138.3% | Q3 2023 Form 10-Q (2023-11-02) ↗ |
| Q2 2023 | Jun 30, 2023 | 1,267 | +141.2% | Q2 2023 Form 10-Q (2023-08-03) ↗ |
| Q1 2023 | Mar 31, 2023 | 1,085 | +176.5% | Q1 2023 Form 10-Q (2023-05-04) ↗ |
| Q4 2022 | Dec 31, 2022 | 1,011 | +191.4% | Q3 2023 Form 10-Q (2023-11-02) ↗ |
| Q3 2022 | Sep 30, 2022 | 657 | +149.9% | Q3 2022 Form 10-Q (2022-11-03) ↗ |
| Q2 2022 | Jun 30, 2022 | 525 | +46.5% | Q2 2022 Form 10-Q (2022-08-04) ↗ |
| Q1 2022 | Mar 31, 2022 | 392 | +21.8% | Q1 2022 Form 10-Q (2022-05-05) ↗ |
| Q4 2021 | Dec 31, 2021 | 347 | +7.0% | Q3 2022 Form 10-Q (2022-11-03) ↗ |
| Q3 2021 | Sep 30, 2021 | 263 | – | Q3 2021 Form 10-Q (2021-11-04) ↗ |
| Q2 2021 | Jun 30, 2021 | 359 | – | Q2 2021 Form 10-Q (2021-08-05) ↗ |
| Q1 2021 | Mar 31, 2021 | 322 | – | Q1 2021 Form 10-Q (2021-05-06) ↗ |
| Q4 2020 | Dec 31, 2020 | 324 | -79.4% | Q3 2021 Form 10-Q (2021-11-04) ↗ |
| Q4 2019 | Dec 31, 2019 | 1,577 | – | FY2020 Form 10-K (2021-02-18) ↗ |
Cite this data
StockData. (2026). Targa Resources PP&E Gross ($M), quarterly Q4 2019–Q2 2026 [Data set]. Compiled from Targa Resources SEC filings and investor materials. https://stockdatahq.com/stocks/trgp/kpis/ppe-construction-in-progress
See every metric in the Targa Resources KPI table. Data updated Nov 3, 2026.