Targa Resources Net Change in Property, Plant, and Equipment 2010-2024 | TRGP
Targa Resources annual/quarterly net change in property, plant, and equipment history and growth rate from 2010 to 2024. Net change in property, plant, and equipment can be defined as the overall change in capital expenditures and sales of plant, property and equipment. This field is used if a company does not report separately sales and purchases of plant, property and equipment or is calculated as the sum of purchases and sales of PP&E
- Targa Resources net change in property, plant, and equipment for the quarter ending December 31, 2024 was $-2.966B, a 24.33% increase year-over-year.
- Targa Resources net change in property, plant, and equipment for the twelve months ending December 31, 2024 was $-7.285B, a 30.08% increase year-over-year.
- Targa Resources annual net change in property, plant, and equipment for 2024 was $-2.966B, a 24.33% increase from 2023.
- Targa Resources annual net change in property, plant, and equipment for 2023 was $-2.385B, a 78.78% increase from 2022.
- Targa Resources annual net change in property, plant, and equipment for 2022 was $-1.334B, a 164.17% increase from 2021.
Targa Resources Annual Net Change in Property, Plant, and Equipment
(Millions of US $) |
| 2024 |
$-2,966 |
| 2023 |
$-2,385 |
| 2022 |
$-1,334 |
| 2021 |
$-505 |
| 2020 |
$-952 |
| 2019 |
$-2,878 |
| 2018 |
$-3,115 |
| 2017 |
$-1,298 |
| 2016 |
$-562 |
| 2015 |
$-817 |
| 2014 |
$-762 |
| 2013 |
$-1,014 |
| 2012 |
$-583 |
| 2011 |
$-332 |
| 2010 |
$-139 |
| 2009 |
$-99 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil Refining & Marketing MLP |
$36.770B |
$16.382B |
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Targa Resources Corp. is a energy infrastructure company and provider of integrated midstream services in North America. The company primarily derives its revenues from gathering, compressing, treating, processing and selling natural gas. Targa Resources also provides services associated with natural gas liquids, including those to liquefied petroleum gas exporters and crude oil. The company has formidable position in the world's largest NGL hub - Mont Belvieu, TX. Further, the company owns state-of-the-art LPG export facilities on the Gulf Coast at its Galena Park Marine Terminal, which is interconnected to Mont Belvieu. The company also has a significant presence in the Permian basin - the region at the forefront of American energy growth. Targa Resources Grand Prix NGL pipeline out of the Permian helps it to bring gathering and processing volumes to Mont Belvieu fractionation and export facilities. Targa Resources has two main business segments in Gathering and Processing and Logistics and Transportation.
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