
Targa Resources Corp
NYSE:TRGP

Targa Resources Corp
Current Portion of Long-Term Debt
Targa Resources Corp
Current Portion of Long-Term Debt Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Current Portion of Long-Term Debt | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Targa Resources Corp
NYSE:TRGP
|
Current Portion of Long-Term Debt
$387.7m
|
CAGR 3-Years
33%
|
CAGR 5-Years
0%
|
CAGR 10-Years
8%
|
|
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Energy Transfer LP
NYSE:ET
|
Current Portion of Long-Term Debt
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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ONEOK Inc
NYSE:OKE
|
Current Portion of Long-Term Debt
$1.1B
|
CAGR 3-Years
6%
|
CAGR 5-Years
154%
|
CAGR 10-Years
58%
|
|
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Williams Companies Inc
NYSE:WMB
|
Current Portion of Long-Term Debt
$1.7B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
83%
|
|
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Enterprise Products Partners LP
NYSE:EPD
|
Current Portion of Long-Term Debt
$1.2B
|
CAGR 3-Years
-6%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
-6%
|
|
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Kinder Morgan Inc
NYSE:KMI
|
Current Portion of Long-Term Debt
$2B
|
CAGR 3-Years
-9%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
-3%
|
Targa Resources Corp
Glance View
Targa Resources Corp., an intriguing player in the midstream space of the energy sector, has carved out a reputation by focusing on the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs). At its core, Targa's operations are hinged on a vast network of pipelines and processing facilities strategically located in prime production regions such as the Permian Basin and the Eagle Ford Shale. These assets allow Targa to efficiently collect raw natural gas from producers, which is then transformed into market-ready products through their processing plants. As the gas flows from the ground to end-users, Targa meticulously manages this journey, ensuring both reliability and safety, making it an indispensable partner to energy producers and consumers alike. Revenue generation at Targa is primarily driven by fees from processing, gathering, and transporting natural gas and NGLs. By charging for the volumes that pass through its infrastructure, Targa ensures a relatively stable income stream while simultaneously benefiting from commodity-based margin opportunities. Furthermore, the company's storage and export capabilities, particularly for liquefied petroleum gases, allow it to tap into growing global energy demands, thereby enhancing its revenue potential. Through strategic expansions and partnerships, Targa continues to fortify its position in the energy supply chain, seeking long-term growth while navigating the ever-evolving dynamics and regulatory landscapes of the energy industry.

See Also
What is Targa Resources Corp's Current Portion of Long-Term Debt?
Current Portion of Long-Term Debt
387.7m
USD
Based on the financial report for Dec 31, 2024, Targa Resources Corp's Current Portion of Long-Term Debt amounts to 387.7m USD.
What is Targa Resources Corp's Current Portion of Long-Term Debt growth rate?
Current Portion of Long-Term Debt CAGR 10Y
8%
Over the last year, the Current Portion of Long-Term Debt growth was -38%. The average annual Current Portion of Long-Term Debt growth rates for Targa Resources Corp have been 33% over the past three years , and 8% over the past ten years .