
Annual report 2025
added 02-19-2026
Targa Resources Corp. Net Debt 2011-2026 | TRGP
Net Debt can be roughly defined as financial liabilities that an entity classifies in the financing section together with the resources available to service those financial liabilities[1]
Net debt is the obligations that remain after deducting all assets and other liabilities from a company or individual. It represents the sum of debts that an organization or person must repay to their creditors or other parties.
Net debt can include various types of obligations such as loans, borrowings, lease liabilities, or credit card payments. It is important to note that net debt does not include current expenses or obligations such as payroll expenses or current bills.
Assessing net debt is an important financial indicator for evaluating the financial position of a company or individual. If net debt significantly exceeds assets, it may indicate financial difficulties and insolvency. In such cases, the company or individual may face difficulties in meeting their obligations and managing their finances.
Net debt can also be used to compare the financial stability of different companies. The lower the net debt relative to assets, the more stable and financially sound they are considered.
Overall, understanding net debt helps evaluate the financial soundness and ability of a company to meet their obligations. It is an important indicator that assists in making decisions about lending, investments, and financial management.
Annual Net Debt Targa Resources Corp.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17.3 B | 14 B | 12.8 B | 11.3 B | 6.45 B | 7.16 B | 7.45 B | 6.43 B | 4.92 B | 4.81 B | 5.84 B | 2.99 B | 2.92 B | 2.4 B | 1.35 B |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 17.3 B | 1.35 B | 7.21 B |
References
- Pizzo, M., Moscariello, N., & Vinciguerra, R. (2015). Market Incentives and Regulators' Activity Shaping Financial Information: An Analysis of the Net Debt Disclosure in Italy. International Journal of Business and Management, 10(1), 1.
Net Debt of other stocks in the Oil gas midstream industry
| Issuer | Net Debt | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
Brooge Energy Limited
BROG
|
237 M | - | 13.04 % | $ 478 M | ||
|
GasLog Ltd.
GLOG
|
3.75 B | - | -0.17 % | $ 552 M | ||
|
Blueknight Energy Partners, L.P.
BKEP
|
98.2 M | - | - | $ 195 M | ||
|
Euronav NV
EURN
|
1.02 B | - | - | $ 3.69 B | ||
|
Enbridge
ENB
|
103 B | $ 52.39 | -0.43 % | $ 114 B | ||
|
EnLink Midstream, LLC
ENLC
|
4.47 B | - | - | $ 6.52 B | ||
|
MPLX LP
MPLX
|
18.6 B | $ 54.8 | 0.05 % | $ 55.6 B | ||
|
Equitrans Midstream Corporation
ETRN
|
-235 M | - | - | $ 5.39 B | ||
|
Noble Midstream Partners LP
NBLX
|
1.6 B | - | - | $ 1.37 B | ||
|
Pembina Pipeline Corporation
PBA
|
10.3 B | $ 43.16 | -0.16 % | $ 16.8 B | ||
|
BP Midstream Partners LP
BPMP
|
356 M | - | - | $ 1.79 B | ||
|
Cheniere Energy Partners, L.P.
CQP
|
16.3 B | $ 61.3 | -0.5 % | $ 29.7 B | ||
|
Altus Midstream Company
ALTM
|
610 M | - | -0.79 % | $ 1.07 B | ||
|
Diamond S Shipping Inc.
DSSI
|
604 M | - | 2.00 % | $ 394 M | ||
|
Enable Midstream Partners, LP
ENBL
|
4.2 B | - | 1.44 % | $ 3.07 B | ||
|
NavSight Holdings, Inc.
NSH
|
-1.32 M | - | 7.58 % | $ 285 M | ||
|
Oasis Midstream Partners LP
OMP
|
446 M | - | 2.48 % | $ 1.08 B | ||
|
GasLog Partners LP
GLOP
|
1.18 B | - | 61.31 % | $ 441 M | ||
|
Phillips 66 Partners LP
PSXP
|
3.9 B | - | -2.33 % | $ 7.93 B | ||
|
Höegh LNG Partners LP
HMLP
|
401 M | - | 0.05 % | $ 308 M | ||
|
Holly Energy Partners, L.P.
HEP
|
1.55 B | - | - | $ 2.59 B | ||
|
Antero Midstream Corporation
AM
|
6.18 B | $ 21.13 | -0.61 % | $ 10.1 B | ||
|
Green Plains Partners LP
GPP
|
53.1 M | - | - | $ 286 M | ||
|
TC PipeLines, LP
TCP
|
642 M | - | 1.65 % | $ 2.21 B | ||
|
Teekay LNG Partners L.P.
TGP
|
2.63 B | - | -0.12 % | $ 1.47 B | ||
|
Teekay Corporation
TK
|
248 M | $ 12.56 | -0.16 % | $ 1.08 B | ||
|
TORM plc
TRMD
|
652 M | $ 29.81 | -1.57 % | $ 2.12 B | ||
|
Viper Energy Partners LP
VNOM
|
1.06 B | $ 47.21 | 1.53 % | $ 4.43 B | ||
|
Navigator Holdings Ltd.
NVGS
|
556 M | $ 20.17 | 0.1 % | $ 1.36 B | ||
|
Magellan Midstream Partners, L.P.
MMP
|
5.04 B | - | - | $ 13.9 B | ||
|
DCP Midstream, LP
DCP
|
4.39 B | - | -0.02 % | $ 8.7 B | ||
|
Martin Midstream Partners L.P.
MMLP
|
522 M | $ 2.87 | 8.3 % | $ 113 M | ||
|
Western Midstream Partners, LP
WES
|
6.29 B | $ 40.72 | 0.85 % | $ 16 B | ||
|
Crestwood Equity Partners LP
CEQP
|
2.05 B | - | - | $ 2.97 B | ||
|
TC Energy Corporation
TRP
|
41.9 B | $ 60.22 | -1.1 % | $ 62.6 B | ||
|
Genesis Energy, L.P.
GEL
|
3.05 B | $ 17.32 | 0.35 % | $ 2.12 B | ||
|
The Williams Companies
WMB
|
27.3 B | $ 70.72 | -0.06 % | $ 86.3 B | ||
|
Hess Midstream LP
HESM
|
2.88 B | $ 37.47 | 0.59 % | $ 7.74 B | ||
|
Bristow Group
VTOL
|
393 M | $ 48.5 | -1.63 % | $ 1.4 B | ||
|
Plains GP Holdings, L.P.
PAGP
|
7.95 B | $ 23.33 | 0.04 % | $ 4.62 B | ||
|
Kinder Morgan
KMI
|
30.8 B | $ 31.75 | 0.16 % | $ 70.6 B | ||
|
PBF Logistics LP
PBFX
|
591 M | - | -1.19 % | $ 1.35 B | ||
|
Dorian LPG Ltd.
LPG
|
522 M | $ 35.41 | -0.59 % | $ 1.49 B | ||
|
NuStar Energy L.P.
NS
|
3.23 B | - | - | $ 2.78 B | ||
|
Star Group, L.P.
SGU
|
90.3 M | $ 12.54 | -0.36 % | $ 442 M | ||
|
ONEOK
OKE
|
30.7 B | $ 85.3 | 1.43 % | $ 53.3 B | ||
|
Cheniere Energy
LNG
|
28.6 B | - | -0.73 % | $ 40.2 B | ||
|
Shell Midstream Partners, L.P.
SHLX
|
-338 M | - | - | $ 6.22 B | ||
|
Summit Midstream Partners, LP
SMLP
|
1.35 B | - | - | $ 167 M | ||
|
Evolve Transition Infrastructure LP
SNMP
|
38.2 M | - | -0.75 % | $ 11.2 M |