Targa Resources Corp. Accounts Payables 2011-2025 | TRGP

Accounts payable — are the obligations of an organization to other legal entities or individuals that arise in cases when the company has acquired goods or services on deferred payment terms, has not paid taxes and fees, has wage arrears to employees, or has received loans and other liabilities. Accounts payable arise when an organization has already received some benefit but has not yet paid for it.

Main types of accounts payable

Type of liability	Example
To suppliers and contractors	Goods received but not yet paid for
Taxes and fees	VAT, income tax, etc., not paid on time
Salaries	Employee wages not paid
To budgets	Insurance contributions to funds not paid
To founders	Founders provided borrowed funds
To banks	Overdue loan payments
Other	Fines, penalties, forfeits, customer prepayments, etc.

Impact on the company's financial performance

Liquidity and solvency
Accounts payable are part of short-term liabilities, so they affect liquidity ratios
Financial stability
The higher the share of borrowed funds (including accounts payable), the lower the company's level of independence
Capital turnover
Moderate accounts payable can positively affect working capital by allowing the company to use “free” financing from suppliers (payment deferrals)
Risks and reputation
Large and especially overdue accounts payable may indicate financial difficulties. This can deter investors, partners, and lenders, and at a critical level of debt and lack of resources to repay it, bankruptcy proceedings may be initiated

Annual Accounts Payables Targa Resources Corp.

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
2.01 B	1.57 B	1.45 B	1.4 B	834 M	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
2.01 B	834 M	1.45 B

Quarterly Accounts Payables 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
1.58 B	1.73 B	1.89 B	2.01 B	1.47 B	1.69 B	1.71 B	1.57 B	1.58 B	1.17 B	1.26 B	1.45 B	1.81 B	-	1.8 B	1.4 B	1.65 B	1.03 B	948 M	834 M	834 M	834 M	834 M	955 M	955 M	980 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	345 M	299 M	326 M	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
2.01 B	299 M	1.25 B

Accounts Payables of other stocks in the Oil gas midstream industry

Issuer	Accounts Payables	Price	% 24h	Market Cap	Country
Cheniere Energy Partners, L.P. CQP	21 M	$ 53.09	-1.89 %	$ 25.7 B	USA
Dynagas LNG Partners LP DLNG	699 K	$ 3.85	-0.13 %	$ 142 M	Greece
DCP Midstream, LP DCP	1.2 B	-	-0.02 %	$ 8.7 B	USA
Delek Logistics Partners, LP DKL	57.4 M	$ 44.81	-0.87 %	$ 2.4 B	USA
Enbridge ENB	561 M	$ 47.45	-0.01 %	$ 102 B	Canada
Energy Transfer LP ET	6.95 B	$ 16.26	-0.73 %	$ 55.8 B	USA
Genesis Energy, L.P. GEL	491 M	$ 15.45	-1.31 %	$ 1.89 B	USA
Global Partners LP GLP	531 M	$ 41.96	-2.53 %	$ 1.44 B	USA
Enterprise Products Partners L.P. EPD	743 M	$ 31.78	-1.01 %	$ 68.7 B	USA
EnLink Midstream, LLC ENLC	126 M	-	-	$ 6.52 B	USA
Holly Energy Partners, L.P. HEP	42.5 M	-	-	$ 2.59 B	USA
Equitrans Midstream Corporation ETRN	60.9 M	-	-	$ 5.39 B	USA
Höegh LNG Partners LP HMLP	467 K	-	0.05 %	$ 308 M	Bermuda
Magellan Midstream Partners, L.P. MMP	108 M	-	-	$ 13.9 B	USA
Green Plains Partners LP GPP	3.09 M	-	-	$ 286 M	USA
Antero Midstream Corporation AM	9.5 M	$ 17.73	-0.84 %	$ 8.52 B	USA
Hess Midstream LP HESM	35 M	$ 34.33	-0.46 %	$ 7.13 B	USA
Navigator Holdings Ltd. NVGS	13.8 M	$ 17.25	-0.12 %	$ 1.23 B	Britain
ONEOK OKE	2.19 B	$ 72.71	-0.72 %	$ 42.5 B	USA
Blueknight Energy Partners, L.P. BKEP	2.1 M	-	-	$ 195 M	USA
Crestwood Equity Partners LP CEQP	336 M	-	-	$ 2.97 B	USA
Cheniere Energy LNG	171 M	-	-0.73 %	$ 40.2 B	USA
Overseas Shipholding Group OSG	5.17 M	-	-	$ 666 M	USA
Plains GP Holdings, L.P. PAGP	4.81 B	$ 18.77	-0.58 %	$ 3.71 B	USA
MPLX LP MPLX	224 M	$ 53.91	-0.23 %	$ 54.8 B	USA
Plains All American Pipeline, L.P. PAA	4.81 B	$ 17.6	-0.79 %	$ 12.4 B	USA
NuStar Energy L.P. NS	67.8 M	-	-	$ 2.78 B	USA
TC Energy Corporation TRP	3.06 B	$ 55.72	-0.13 %	$ 57.8 B	Canada
Teekay Tankers Ltd. TNK	25.6 M	$ 54.48	1.28 %	$ 1.87 B	Bermuda
PBF Logistics LP PBFX	5.39 M	-	-1.19 %	$ 1.35 B	USA
Kinder Morgan KMI	1.4 B	$ 27.12	-0.24 %	$ 60.2 B	USA
Dorian LPG Ltd. LPG	11.5 M	$ 24.39	0.97 %	$ 1.03 B	USA
Martin Midstream Partners L.P. MMLP	68.2 M	$ 2.66	1.53 %	$ 104 M	USA
Rattler Midstream LP RTLR	8.45 M	-	2.95 %	$ 545 M	USA