
Annual report 2025
added 02-19-2026
Targa Resources Corp. Long-Term Debt 2011-2026 | TRGP
Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.
Main characteristics:- Term exceeds 12 months
- Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
- Repaid through regular payments (interest and/or principal) over several years
- Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital. - Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks. - Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.
A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.
If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.
It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.
Examples of long-term debt:- Mortgage loans for property purchases
- Corporate bonds issued by a company to raise capital
- Project financing — long-term loans for building or expanding production facilities
- Leasing obligations for equipment or transport
Annual Long-Term Debt Targa Resources Corp.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17.4 B | 14.2 B | 13 B | 11.5 B | 6.6 B | 7.39 B | 7.41 B | 5.63 B | 4.7 B | 4.61 B | 5.76 B | 2.89 B | 2.99 B | 2.48 B | 1.53 B |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 17.4 B | 1.53 B | 7.21 B |
Quarterly Long-Term Debt Targa Resources Corp.
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17.4 B | 16.9 B | 16.2 B | 14.2 B | 14.3 B | 13.6 B | 13.1 B | 13 B | 12.9 B | 12.4 B | 12.2 B | 11.5 B | 11.2 B | - | 7.25 B | 6.6 B | 6.79 B | 6.98 B | 7.37 B | 7.76 B | 7.76 B | 7.76 B | 7.76 B | 7.82 B | 7.28 B | 6.64 B | 7.12 B | 5.63 B | 5.68 B | 5.63 B | 5.63 B | 4.7 B | 4.7 B | 4.7 B | 4.7 B | 4.61 B | 4.61 B | 4.61 B | 4.61 B | 5.72 B | 5.72 B | 5.72 B | 5.72 B | 2.86 B | 2.89 B | 2.89 B | 2.89 B | 2.99 B | 2.99 B | 2.99 B | 2.99 B | 2.48 B | 2.48 B | 2.48 B | 2.48 B | 1.57 B | 1.57 B | 1.57 B | 1.57 B |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 17.4 B | 1.57 B | 6.83 B |
Long-Term Debt of other stocks in the Oil gas midstream industry
| Issuer | Long-Term Debt | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
Brooge Energy Limited
BROG
|
180 M | - | 13.04 % | $ 478 M | ||
|
Euronav NV
EURN
|
1.13 B | - | - | $ 3.69 B | ||
|
GasLog Ltd.
GLOG
|
3.53 B | - | -0.17 % | $ 552 M | ||
|
EnLink Midstream, LLC
ENLC
|
4.47 B | - | - | $ 6.52 B | ||
|
Antero Midstream Corporation
AM
|
3.22 B | $ 23.55 | -0.19 % | $ 11.3 B | ||
|
Holly Energy Partners, L.P.
HEP
|
1.56 B | - | - | $ 2.59 B | ||
|
Equitrans Midstream Corporation
ETRN
|
13.4 M | - | - | $ 5.39 B | ||
|
DCP Midstream, LP
DCP
|
4.36 B | - | -0.02 % | $ 8.7 B | ||
|
Noble Midstream Partners LP
NBLX
|
1.11 B | - | - | $ 1.37 B | ||
|
BP Midstream Partners LP
BPMP
|
468 M | - | - | $ 1.79 B | ||
|
Dorian LPG Ltd.
LPG
|
499 M | $ 33.33 | -1.27 % | $ 1.4 B | ||
|
Altus Midstream Company
ALTM
|
624 M | - | -0.79 % | $ 1.07 B | ||
|
Martin Midstream Partners L.P.
MMLP
|
513 M | $ 2.59 | -0.19 % | $ 101 M | ||
|
Diamond S Shipping Inc.
DSSI
|
196 M | - | 2.00 % | $ 394 M | ||
|
Enable Midstream Partners, LP
ENBL
|
3.95 B | - | 1.44 % | $ 3.07 B | ||
|
NavSight Holdings, Inc.
NSH
|
42.5 M | - | 7.58 % | $ 285 M | ||
|
Oasis Midstream Partners LP
OMP
|
450 M | - | 2.48 % | $ 1.08 B | ||
|
NuStar Energy L.P.
NS
|
3.24 B | - | - | $ 2.78 B | ||
|
Phillips 66 Partners LP
PSXP
|
3.44 B | - | -2.33 % | $ 7.93 B | ||
|
Cheniere Energy Partners, L.P.
CQP
|
17.2 B | $ 69.35 | 3.17 % | $ 33.6 B | ||
|
Navigator Holdings Ltd.
NVGS
|
138 M | $ 19.25 | -1.64 % | $ 1.3 B | ||
|
TC PipeLines, LP
TCP
|
250 M | - | 1.65 % | $ 2.21 B | ||
|
Teekay LNG Partners L.P.
TGP
|
1.22 B | - | -0.12 % | $ 1.47 B | ||
|
ONEOK
OKE
|
30.8 B | $ 93.57 | 1.59 % | $ 58.5 B | ||
|
Genesis Energy, L.P.
GEL
|
3.05 B | $ 18.29 | 1.61 % | $ 2.24 B | ||
|
Green Plains Partners LP
GPP
|
58.6 M | - | - | $ 286 M | ||
|
PBF Logistics LP
PBFX
|
625 M | - | -1.19 % | $ 1.35 B | ||
|
Blueknight Energy Partners, L.P.
BKEP
|
98 M | - | - | $ 195 M | ||
|
Höegh LNG Partners LP
HMLP
|
374 M | - | 0.05 % | $ 308 M | ||
|
Hess Midstream LP
HESM
|
2.88 B | $ 40.04 | 0.73 % | $ 8.27 B | ||
|
MPLX LP
MPLX
|
18.8 B | $ 58.96 | 0.12 % | $ 59.9 B | ||
|
Teekay Corporation
TK
|
416 M | $ 11.85 | -1.33 % | $ 1.02 B | ||
|
TC Energy Corporation
TRP
|
1.6 B | $ 63.68 | -0.58 % | $ 66.2 B | ||
|
Kinder Morgan
KMI
|
30.8 B | $ 34.07 | 0.24 % | $ 75.7 B | ||
|
Crestwood Equity Partners LP
CEQP
|
2.05 B | - | - | $ 2.97 B | ||
|
Magellan Midstream Partners, L.P.
MMP
|
5.02 B | - | - | $ 13.9 B | ||
|
Shell Midstream Partners, L.P.
SHLX
|
23 M | - | - | $ 6.22 B | ||
|
Delek Logistics Partners, LP
DKL
|
1.66 B | $ 54.17 | 0.78 % | $ 2.9 B | ||
|
GasLog Partners LP
GLOP
|
1.18 B | - | 61.31 % | $ 441 M | ||
|
Teekay Tankers Ltd.
TNK
|
305 M | $ 70.6 | 0.33 % | $ 2.44 B | ||
|
Energy Transfer LP
ET
|
48.3 B | $ 19.44 | 1.57 % | $ 66.9 B | ||
|
TORM plc
TRMD
|
740 M | $ 27.19 | -1.66 % | $ 2.12 B | ||
|
Summit Midstream Partners, LP
SMLP
|
1.36 B | - | - | $ 167 M | ||
|
Evolve Transition Infrastructure LP
SNMP
|
39.5 M | - | -0.75 % | $ 11.2 M | ||
|
Cheniere Energy
LNG
|
22.5 B | - | -0.73 % | $ 40.2 B | ||
|
Overseas Shipholding Group
OSG
|
357 M | - | - | $ 666 M | ||
|
Pembina Pipeline Corporation
PBA
|
10.3 B | $ 45.69 | 0.15 % | $ 16.8 B | ||
|
Viper Energy Partners LP
VNOM
|
1.08 B | $ 47.82 | 0.76 % | $ 4.49 B | ||
|
Bristow Group
VTOL
|
644 M | $ 46.3 | 0.96 % | $ 1.34 B |