TRGPTarga Resources
Targa Resources Corp. (NYSE: TRGP) is a publicly traded Delaware corporation formed in October 2005. 10-K, Item 1
- Employees
- 3,570
- Headquarters
- Houston, TX
- CEO
- Matthew J. Meloy
- Next results
- around Feb 18, 2027
What the debt is made of, and when it is due
balance sheet of Sep 30, 2026 · schedule of Dec 31, 2025The debt note's own lines, 2025-12-31
Fixed rate $10.2BFloating $3.5B Not stated $2.5B
| Line, as the company names it | Kind | Rate | Fixed or floating | Amount |
|---|---|---|---|---|
| Commercial Paper Notes | Commercial paper | – | floating | $3.5B |
| Senior Unsecured 5.550% Fixed Rate, due August 2035 (Unsecured Debt) | Secured | 5.55% | fixed | $1.0B |
| Senior Unsecured 5.500% Fixed Rate, due February 2035 (Unsecured Debt) | Secured | 5.50% | fixed | $1.0B |
| Senior Unsecured Notes Due July 2036 (Unsecured Debt) | Secured | 5.40% | not stated | $1.0B |
| Senior Unsecured 6.150% Fixed Rate, due March 2029 (Unsecured Debt) | Secured | 6.15% | fixed | $1.0B |
| Senior Unsecured 6.500% Fixed Rate, due March 2034 (Unsecured Debt) | Secured | 6.50% | fixed | $1.0B |
| Senior Unsecured 6.125% Fixed Rate, due May 2055 (Unsecured Debt) | Secured | 6.12% | fixed | $1.0B |
| Senior Unsecured 6.125% Fixed Rate, due March 2033 (Unsecured Debt) | Secured | 6.12% | fixed | $900.0M |
| Senior Unsecured 6.500% Fixed Rate, due February 2053 (Unsecured Debt) | Secured | 6.50% | fixed | $850.0M |
| Senior Unsecured 4.950% Notes due April 2052 (Unsecured Debt) | Secured | 4.95% | not stated | $750.0M |
| Senior Unsecured 4.200% Notes due February 2033 (Unsecured Debt) | Secured | 4.20% | not stated | $750.0M |
| Senior Unsecured 5.650% Fixed Rate, due February 2036 (Unsecured Debt) | Secured | 5.65% | fixed | $750.0M |
| Senior Unsecured 4.350% Fixed Rate, due January 2029 (Unsecured Debt) | Secured | 4.35% | fixed | $750.0M |
| Senior Unsecured 5.200% Fixed Rate, due July 2027 (Unsecured Debt) | Secured | 5.20% | fixed | $750.0M |
| Senior Unsecured 4.900% Fixed Rate, due September 2030 (Unsecured Debt) | Secured | 4.90% | fixed | $750.0M |
| Senior Unsecured 6.250% fixed rate, due July 2052 (Unsecured Debt) | Secured | 6.25% | fixed | $500.0M |
All 16 lines
From the debt note in the 10-K's XBRL (0001193125-26-059296), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.
Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted.
When TRGP has to repay the principal of its long-term debt, from the debt note of the 10-K filed Feb 19, 2026 (balance sheet of Dec 31, 2025). Fiscal years are counted from that date.
| When | Principal due | Share | |
|---|---|---|---|
| Next 12 months FY2026 | $679.3M | 4% | |
| Year 2 FY2027 | $750.0M | 4% | |
| Year 3 FY2028 | $700.3M | 4% | |
| Year 4 FY2029 | $1.8B | 10% | |
| Year 5 FY2030 | $1.9B | 11% | |
| After year 5 | $11.5B | 67% |
Principal only: interest, leases and commercial paper are not in this schedule. Hover a row for its XBRL line. Open the filing ↗
Work on TRGP in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/TRGP/export.csv") into a cell.