Targa Resources

Targa Resources Quick Ratio

The Quick Ratio (Acid Test) of Targa Resources (TRGP) as of Nov 6, 2026 is 0.39. In the previous year, Quick Ratio (Acid Test) was 0.47 — a change of -17.68% (lower).

Quick Ratio

0.39

YoY

-17.68%

Last updated:

Quick Ratio (Acid Test) of Targa Resources is 2025 0.39 . Quick Ratio (Acid Test) of Targa Resources was 2024 0.47 . It decreases by -17.68% lower compared to the previous year.

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Targa Resources Stock analysis

What does Targa Resources do? Targa Resources Corp is a leading natural gas and oil transportation and energy infrastructure company based in Houston, Texas. With roots dating back to 2003, the company has expanded its presence in the United States over the years through smart management and significant acquisitions. Targa Resources Corp operates as an infrastructure support partner and provider of natural gas and oil. As a transportation company, it transports natural gas and oil through pipeline systems from well sites and refineries to end-users. It is also involved in the storage and processing of natural gas and oil, ensuring a continuous and reliable energy supply to customers. The company operates in several segments, including Midstream, Upstream, and Downstream. The Midstream segment is the largest of Targa Resources Corp, specializing in the transportation of crude oil, natural gas, liquefied petroleum gas (LPG), and natural gas liquids (NGLs). By constructing pipeline systems, the company can make the transportation of crude oil and other liquids safer and more efficient. The Upstream segment focuses on the production of crude oil and NGLs. The company leverages its extensive energy sector expertise to produce high-quality raw materials from well sites and refineries. The Downstream segment specializes in the sale of refinery products such as gasoline and diesel. The company has an extensive distribution infrastructure and uses its experience in crude oil processing to produce high-quality products. Targa Resources Corp also offers various products and services to provide additional value to its customers. These include futures market settlement services, project financing opportunities, and technical support. Aligned with its goal to support environmental protection and be a responsible energy partner, Targa Resources Corp also embraces the use of renewable energy sources such as wind and solar. Overall, Targa Resources Corp has an impressive history. With a strong business model and a dedicated workforce, the company has significantly shaped the energy market in the United States. Despite the economic turbulence in recent years, Targa Resources Corp has continued its commitment to sustainability, innovation, and growth, and remains an important player in the energy market in the future. Targa Resources is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Targa Resources stock

Quick Ratio (Acid Test) of Targa Resources is 0.39 in 2025.

Quick Ratio (Acid Test) of Targa Resources changed from 0.47 to 0.39, representing a -17.68% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Targa Resources since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Targa Resources with sector peers and the industry average to assess whether it is attractive.

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Leverage — Targa Resources

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