Targa Resources Corp.

TRGPNYSEEnergy● Active

$264.13

+$0.04(+0.02%)

Market Cap$56.7B

P/E Ratio—

52W High$280

52W Low$144.14

Avg Volume1.4M

Open$265.23

Beta0.71

Cash on Hand Financials Revenue

Targa Resources Corp. (TRGP) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

TRGP · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$166.1M▲ +5.6% vs prior year

FY · as of Dec 31, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$166.1M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

+5.6%

vs prior fiscal year

Latest Quarter

$100.1M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$166.1MCash on Hand

Total Debt$17.55BTotal Debt

Net Cash / Net Debt−$17.38BNet Debt Position

Cash vs Debt Ratio

Cash 1%Targa Resources Corp. cash as % of market cap: 0.29%% · MCap $57BDebt 99%

Targa Resources Corp. carries a net debt position of $17.38B. Total debt ($17.55B) exceeds cash on hand ($166.1M). Targa Resources Corp. cash vs debt ratio: 1% cash / 99% debt.

Net Cash = Cash & ST Investments − Total Debt$166.1M − $17.55B = −$17.38B

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

TRGP annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

TRGP cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$166.1M+5.6%

Dec 31, 2024FY$157.3M+11.0%

Dec 31, 2023FY$141.7M-35.3%

Dec 31, 2022FY$219.0M+38.2%

Dec 31, 2021FY$158.5M-34.7%

TRGP cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Energy Sector Cash Reserves Comparison

TRGP vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Exxon Mobil Corporation

Targa Resources Corp.YOU

TRGP

$166.1M$57B0.3%

Energy sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Targa Resources Corp. (TRGP) cash on hand as of December 31, 2025 is $166.1M, comprising $166.1M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Targa Resources Corp. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Targa Resources Corp. cash reserves or cash position.

Targa Resources Corp. annual cash on hand history shows increased +5.6% in 2025: increased +5.6% in 2025. Targa Resources Corp. cash reserves in 2025 reflect the company's capital allocation strategy.

Targa Resources Corp. carries total debt of $17.55B against cash of $166.1M, resulting in a net debt position of -$17.38B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

TRGP cash on hand · 5 questions

As of December 31, 2025, Targa Resources Corp. (TRGP) has $166,100,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $166,100,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $100,100,000. Data sourced from the annual 10-K filing via FMP.

TRGP cash on handTRGP cash reservesTRGP cash 2025how much cash does TRGP have

▸ Source: FMP /balance-sheet-statement · US GAAP · Targa Resources Corp. · Targa Resources Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025