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Targa Resources Partners LP

EDGAR

NGLS Annual report (10-K) · filed 2021-02-18

65 filing records in this dataset, filed from 2007-04-02 to 2021-02-18. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

2.57 billion USD

2020 Q4 · USD

Exact inputs and evidence

Revenue: 8260300000 USD Source
Revenue: 5687500000 USD Source

Operating margin

10.44%

2020 Q4 · %

Exact inputs and evidence

Operating Income: -1291300000 USD Source
Operating Income: -1560000000 USD Source
Revenue: 8260300000 USD Source
Revenue: 5687500000 USD Source

Operating cash flow

648 million USD

2020 Q4 · USD

Exact inputs and evidence

Operating Cash Flow: 1702900000 USD Source
Operating Cash Flow: 1054900000 USD Source

Free cash flow

500 million USD

2020 Q4 · USD

Exact inputs and evidence

Operating Cash Flow: 1702900000 USD Source
Operating Cash Flow: 1054900000 USD Source
Capital Expenditure: 951600000 USD Source
Capital Expenditure: 803100000 USD Source

Cash and cash equivalents: 231 million USD 2020-12-31 Source
Exact value

231300000 USD
Long-term debt including current maturities: 7.2 billion USD 2020-12-31 Source
Exact value

7200700000 USD
Shares outstanding: Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

8.26 billion USD

2020-01-01 – 2020-12-31

Exact inputs and evidence

Revenue: 2048900000 USD · 2020-01-01 – 2020-03-31 Source
Revenue: 1523500000 USD · 2020-04-01 – 2020-06-30 Source
Revenue: 2115100000 USD · 2020-07-01 – 2020-09-30 Source
Revenue: 8260300000 USD · 2020-01-01 – 2020-12-31 Source
Revenue: 5687500000 USD · 2020-01-01 – 2020-09-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2021-02-18.

Financial data available through: 2020-12-31.

Coverage by financial measure

Revenue: 6 of 11 periods available· newest 2020-12-31
Operating income: 8 of 11 periods available· newest 2020-12-31
Net income: 8 of 11 periods available· newest 2020-12-31
Operating cash flow: 8 of 11 periods available· newest 2020-12-31
Capital expenditure: 7 of 11 periods available· newest 2020-12-31
Total assets: 6 of 11 periods available· newest 2020-12-31
liabilities: No compatible figures in this window
Current assets: 6 of 11 periods available· newest 2020-12-31
Current liabilities: 6 of 11 periods available· newest 2020-12-31
Cash and cash equivalents: 7 of 11 periods available· newest 2020-12-31
Long-term debt including current maturities: 5 of 11 periods available· newest 2020-12-31
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-4.7%

Prior period

USD 8.67 billion

2019-01-01 – 2019-12-31
Current period

USD 8.26 billion

2020-01-01 – 2020-12-31

Exact inputs and evidence

8260300000 − 8671100000 = -410800000 USD

8671100000 USD · 2019-01-01 – 2019-12-31
Inspect prior input Prior source
8260300000 USD · 2020-01-01 – 2020-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · Targa Resources Partners LP · 2020-12-31 Targa Resources Partners LP (edgar:1379661) Year-over-year change in Revenue: -410800000 USD Concept: fundies:Revenue Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 8260300000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#9360365 Filing: 000156459021006649 Input fundies:Revenue: 8671100000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#9362287 Filing: 000156459021006649
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 1.5 billion

Prior period

−USD 254.7 million

2019-01-01 – 2019-12-31
Current period

−USD 1.76 billion

2020-01-01 – 2020-12-31

Exact inputs and evidence

-1758800000 − -254700000 = -1504100000 USD

-254700000 USD · 2019-01-01 – 2019-12-31
Inspect prior input Prior source
-1758800000 USD · 2020-01-01 – 2020-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · Targa Resources Partners LP · 2020-12-31 Targa Resources Partners LP (edgar:1379661) Year-over-year change in Net income: -1504100000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -1758800000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#4886605 Filing: 000156459021006649 Input fundies:NetIncome: -254700000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#4888536 Filing: 000156459021006649
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+24.9%

Prior period

USD 1.36 billion

2019-01-01 – 2019-12-31
Current period

USD 1.7 billion

2020-01-01 – 2020-12-31

Exact inputs and evidence

1702900000 − 1363000000 = 339900000 USD

1363000000 USD · 2019-01-01 – 2019-12-31
Inspect prior input Prior source
1702900000 USD · 2020-01-01 – 2020-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · Targa Resources Partners LP · 2020-12-31 Targa Resources Partners LP (edgar:1379661) Year-over-year change in Operating cash flow: 339900000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 1702900000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5590040 Filing: 000156459021006649 Input fundies:OperatingCashFlow: 1363000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5591840 Filing: 000156459021006649
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
-66.9%

Prior period

USD 2.88 billion

2019-01-01 – 2019-12-31
Current period

USD 951.6 million

2020-01-01 – 2020-12-31

Exact inputs and evidence

951600000 − 2877300000 = -1925700000 USD

2877300000 USD · 2019-01-01 – 2019-12-31
Inspect prior input Prior source
951600000 USD · 2020-01-01 – 2020-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · Targa Resources Partners LP · 2020-12-31 Targa Resources Partners LP (edgar:1379661) Year-over-year change in Capital expenditure: -1925700000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 951600000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5601061 Filing: 000156459021006649 Input fundies:CapitalExpenditure: 2877300000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5602808 Filing: 000156459021006649
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2020 2020-01-01 – 2020-12-31

Revenue USD 8.26 billion 100% of revenue
Operating costs Derived USD 9.55 billion 116% of revenue
Operating income −USD 1.29 billion −16% of revenue
Tax, interest and other Derived USD 467.5 million 5.7% of revenue
Net income −USD 1.76 billion −21% of revenue

Cash

Operating cash flow USD 1.7 billion 21% of revenue
Capital expenditure USD 951.6 million 12% of revenue
Free cash flow Derived USD 751.3 million 9.1% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2011 96%
2016 Net loss: net income was −4.5% of revenue.
2017 Operating loss: operating costs were 101% of revenue.
2018 98%
2019 Net loss: net income was −2.9% of revenue.
2020 Operating loss: operating costs were 116% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2011 2010-02-24 – 2011-02-23	5460200000	5242800000 Derived	217400000	108300000 Derived	109100000	Unavailable	Source 2010-02-24 – 2011-02-23: 5460200000 USD Inspect Revenue Open source 2010-02-24 – 2011-02-23: 217400000 USD Inspect Operating Income Open source 2010-02-24 – 2011-02-23: 109100000 USD Inspect Net Income Open source 2010-02-24 – 2011-02-23: 371200000 USD Inspect Operating Cash Flow Open source
2016 2016-01-01 – 2016-12-31	5586700000	5520700000 Derived	66000000	315400000 Derived	-249400000	276300000 Derived	Source 2016-01-01 – 2016-12-31: 5586700000 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: 66000000 USD Inspect Operating Income Open source 2016-01-01 – 2016-12-31: -249400000 USD Inspect Net Income Open source 2016-01-01 – 2016-12-31: 838400000 USD Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 562100000 USD Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	8814900000	8924300000 Derived	-109400000	180100000 Derived	-289500000	-439900000 Derived	Source 2017-01-01 – 2017-12-31: 8814900000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: -109400000 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: -289500000 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: 857600000 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 1297500000 USD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	10484000000	10230400000 Derived	253600000	202600000 Derived	51000000	-1900400000 Derived	Source 2018-01-01 – 2018-12-31: 10484000000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 253600000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: 51000000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: 1213600000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 3114000000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	8671100000	8465000000 Derived	206100000	460800000 Derived	-254700000	-1514300000 Derived	Source 2019-01-01 – 2019-12-31: 8671100000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 206100000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -254700000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 1363000000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 2877300000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	8260300000	9551600000 Derived	-1291300000	467500000 Derived	-1758800000	751300000 Derived	Source 2020-01-01 – 2020-12-31: 8260300000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -1291300000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -1758800000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 1702900000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 951600000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 8.3B 2020

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20112011-02-23	Revenue	5460200000	Revenue: 5460200000 Open source
20162016-12-31	Revenue	5586700000	Revenue: 5586700000 Open source
20172017-12-31	Revenue	8814900000	Revenue: 8814900000 Open source
20182018-12-31	Revenue	10484000000	Revenue: 10484000000 Open source
20192019-12-31	Revenue	8671100000	Revenue: 8671100000 Open source
20202020-12-31	Revenue	8260300000	Revenue: 8260300000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-4.7% 2020

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20112011-02-23	Year over year	No prior comparable period	Revenue: 5460200000 Open source
20162016-12-31	Year over year	No prior comparable period	Revenue: 5586700000 Open source
20172017-12-31	Year over year	57.8%	Revenue: 8814900000 Open source Revenue: 5586700000 Open source
20182018-12-31	Year over year	18.9%	Revenue: 10484000000 Open source Revenue: 8814900000 Open source
20192019-12-31	Year over year	-17.3%	Revenue: 8671100000 Open source Revenue: 10484000000 Open source
20202020-12-31	Year over year	-4.7%	Revenue: 8260300000 Open source Revenue: 8671100000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -15.6% 2020

Net margin -21.3% 2020

Free cash flow margin 9.1% 2020

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20112011-02-23	Operating margin	4%	Operating Income: 217400000 Open source Revenue: 5460200000 Open source
20162016-12-31	Operating margin	1.2%	Operating Income: 66000000 Open source Revenue: 5586700000 Open source
20172017-12-31	Operating margin	-1.2%	Operating Income: -109400000 Open source Revenue: 8814900000 Open source
20182018-12-31	Operating margin	2.4%	Operating Income: 253600000 Open source Revenue: 10484000000 Open source
20192019-12-31	Operating margin	2.4%	Operating Income: 206100000 Open source Revenue: 8671100000 Open source
20202020-12-31	Operating margin	-15.6%	Operating Income: -1291300000 Open source Revenue: 8260300000 Open source
20112011-02-23	Net margin	2%	Net Income: 109100000 Open source Revenue: 5460200000 Open source
20162016-12-31	Net margin	-4.5%	Net Income: -249400000 Open source Revenue: 5586700000 Open source
20172017-12-31	Net margin	-3.3%	Net Income: -289500000 Open source Revenue: 8814900000 Open source
20182018-12-31	Net margin	0.5%	Net Income: 51000000 Open source Revenue: 10484000000 Open source
20192019-12-31	Net margin	-2.9%	Net Income: -254700000 Open source Revenue: 8671100000 Open source
20202020-12-31	Net margin	-21.3%	Net Income: -1758800000 Open source Revenue: 8260300000 Open source
20112011-02-23	Free cash flow margin	Not reported	Revenue: 5460200000 Open source Operating Cash Flow: 371200000 Open source
20162016-12-31	Free cash flow margin	4.9%	Revenue: 5586700000 Open source Operating Cash Flow: 838400000 Open source Capital Expenditure: 562100000 Open source
20172017-12-31	Free cash flow margin	-5%	Revenue: 8814900000 Open source Operating Cash Flow: 857600000 Open source Capital Expenditure: 1297500000 Open source
20182018-12-31	Free cash flow margin	-18.1%	Revenue: 10484000000 Open source Operating Cash Flow: 1213600000 Open source Capital Expenditure: 3114000000 Open source
20192019-12-31	Free cash flow margin	-17.5%	Revenue: 8671100000 Open source Operating Cash Flow: 1363000000 Open source Capital Expenditure: 2877300000 Open source
20202020-12-31	Free cash flow margin	9.1%	Revenue: 8260300000 Open source Operating Cash Flow: 1702900000 Open source Capital Expenditure: 951600000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 1.7B 2020

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20112011-02-23	Operating cash flow	371200000	Operating Cash Flow: 371200000 Open source
20162016-12-31	Operating cash flow	838400000	Operating Cash Flow: 838400000 Open source
20172017-12-31	Operating cash flow	857600000	Operating Cash Flow: 857600000 Open source
20182018-12-31	Operating cash flow	1213600000	Operating Cash Flow: 1213600000 Open source
20192019-12-31	Operating cash flow	1363000000	Operating Cash Flow: 1363000000 Open source
20202020-12-31	Operating cash flow	1702900000	Operating Cash Flow: 1702900000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 751.3M 2020

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20112011-02-23	Free cash flow	Unavailable	Operating Cash Flow: 371200000 Open source
20162016-12-31	Free cash flow	276300000	Operating Cash Flow: 838400000 Open source Capital Expenditure: 562100000 Open source
20172017-12-31	Free cash flow	-439900000	Operating Cash Flow: 857600000 Open source Capital Expenditure: 1297500000 Open source
20182018-12-31	Free cash flow	-1900400000	Operating Cash Flow: 1213600000 Open source Capital Expenditure: 3114000000 Open source
20192019-12-31	Free cash flow	-1514300000	Operating Cash Flow: 1363000000 Open source Capital Expenditure: 2877300000 Open source
20202020-12-31	Free cash flow	751300000	Operating Cash Flow: 1702900000 Open source Capital Expenditure: 951600000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2011-02-23	Liabilities / assets	Not reported	Total Assets: 3186400000 Open source
2016-12-31	Liabilities / assets	Not reported	Total Assets: 12744900000 Open source
2017-12-31	Liabilities / assets	Not reported	Total Assets: 14359000000 Open source
2018-12-31	Liabilities / assets	Not reported	Total Assets: 16890100000 Open source
2019-12-31	Liabilities / assets	Not reported	Total Assets: 18744500000 Open source
2020-12-31	Liabilities / assets	Not reported	Total Assets: 15828500000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.74× 2020

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20112011-02-23	Current assets / current liabilities	1.02×	Current Assets: 620800000 Open source Current Liabilities: 609800000 Open source
20162016-12-31	Current assets / current liabilities	0.8×	Current Assets: 927200000 Open source Current Liabilities: 1159000000 Open source
20172017-12-31	Current assets / current liabilities	0.77×	Current Assets: 1248600000 Open source Current Liabilities: 1613200000 Open source
20182018-12-31	Current assets / current liabilities	0.48×	Current Assets: 1379900000 Open source Current Liabilities: 2885800000 Open source
20192019-12-31	Current assets / current liabilities	0.81×	Current Assets: 1603000000 Open source Current Liabilities: 1970200000 Open source
20202020-12-31	Current assets / current liabilities	0.74×	Current Assets: 1425200000 Open source Current Liabilities: 1921700000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2011 2010-02-24 – 2011-02-23	USD 109.1 million Exact value Exact value: 109100000 USD 2010-02-24 – 2011-02-23: 109100000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Targa Resources Partners LP · 2011-02-23 Targa Resources Partners LP (edgar:1379661) Net Income: 109100000 USD Concept: fundies:NetIncome Period: 2010-02-24 to 2011-02-23 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ANetIncome&period=2011-02-23&surface=latest&period_type=duration&start=2010-02-24&unit=USD&dimensions= Input fundies:NetIncome: 109100000 USD (2010-02-24 to 2011-02-23) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/0001379661-11-000003.txt#27244 The citation records this snapshot. The page link may show a newer release later.	USD 371.2 million Exact value Exact value: 371200000 USD 2010-02-24 – 2011-02-23: 371200000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Targa Resources Partners LP · 2011-02-23 Targa Resources Partners LP (edgar:1379661) Operating Cash Flow: 371200000 USD Concept: fundies:OperatingCashFlow Period: 2010-02-24 to 2011-02-23 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3AOperatingCashFlow&period=2011-02-23&surface=latest&period_type=duration&start=2010-02-24&unit=USD&dimensions= Input fundies:OperatingCashFlow: 371200000 USD (2010-02-24 to 2011-02-23) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/0001379661-11-000003.txt#29373 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2014 2014-01-01 – 2014-12-31	USD 467.7 million Exact value Exact value: 467700000 USD 2014-01-01 – 2014-12-31: 467700000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Targa Resources Partners LP · 2014-12-31 Targa Resources Partners LP (edgar:1379661) Net Income: 467700000 USD Concept: fundies:NetIncome Period: 2014-01-01 to 2014-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ANetIncome&period=2014-12-31&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:NetIncome: 467700000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459017001812/ngls-20161231.xml#500968 Filing: 000156459017001812 The citation records this snapshot. The page link may show a newer release later.	USD 838.5 million Exact value Exact value: 838500000 USD 2014-01-01 – 2014-12-31: 838500000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Targa Resources Partners LP · 2014-12-31 Targa Resources Partners LP (edgar:1379661) Operating Cash Flow: 838500000 USD Concept: fundies:OperatingCashFlow Period: 2014-01-01 to 2014-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3AOperatingCashFlow&period=2014-12-31&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 838500000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459017001812/ngls-20161231.xml#626506 Filing: 000156459017001812 The citation records this snapshot. The page link may show a newer release later.	USD 762.2 million Exact value Exact value: 762200000 USD 2014-01-01 – 2014-12-31: 762200000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Targa Resources Partners LP · 2014-12-31 Targa Resources Partners LP (edgar:1379661) Capital Expenditure: 762200000 USD Concept: fundies:CapitalExpenditure Period: 2014-01-01 to 2014-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ACapitalExpenditure&period=2014-12-31&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 762200000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459017001812/ngls-20161231.xml#627182 Filing: 000156459017001812 The citation records this snapshot. The page link may show a newer release later.	USD 76.3 million Calculation and evidence 838500000 − 762200000 USD Exact free cash flow: 76300000 USD 2014-01-01 – 2014-12-31: 838500000 USD · Inspect Operating Cash Flow · Source 2014-01-01 – 2014-12-31: 762200000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Targa Resources Partners LP · 2014-12-31 Targa Resources Partners LP (edgar:1379661) Free cash flow: 76300000 USD Concept: free-cash-flow Period: 2014-01-01 to 2014-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 838500000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459017001812/ngls-20161231.xml#626506 Filing: 000156459017001812 Input fundies:CapitalExpenditure: 762200000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459017001812/ngls-20161231.xml#627182 Filing: 000156459017001812 The citation records this snapshot. The page link may show a newer release later.
2015 2015-01-01 – 2015-12-31	−USD 27.4 million Exact value Exact value: -27400000 USD 2015-01-01 – 2015-12-31: -27400000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Targa Resources Partners LP · 2015-12-31 Targa Resources Partners LP (edgar:1379661) Net Income: -27400000 USD Concept: fundies:NetIncome Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ANetIncome&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:NetIncome: -27400000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459018002343/ngls-20171231.xml#551759 Filing: 000156459018002343 The citation records this snapshot. The page link may show a newer release later.	USD 1.08 billion Exact value Exact value: 1083900000 USD 2015-01-01 – 2015-12-31: 1083900000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Targa Resources Partners LP · 2015-12-31 Targa Resources Partners LP (edgar:1379661) Operating Cash Flow: 1083900000 USD Concept: fundies:OperatingCashFlow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3AOperatingCashFlow&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1083900000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459018002343/ngls-20171231.xml#662592 Filing: 000156459018002343 The citation records this snapshot. The page link may show a newer release later.	USD 817.2 million Exact value Exact value: 817200000 USD 2015-01-01 – 2015-12-31: 817200000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Targa Resources Partners LP · 2015-12-31 Targa Resources Partners LP (edgar:1379661) Capital Expenditure: 817200000 USD Concept: fundies:CapitalExpenditure Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ACapitalExpenditure&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 817200000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459018002343/ngls-20171231.xml#663270 Filing: 000156459018002343 The citation records this snapshot. The page link may show a newer release later.	USD 266.7 million Calculation and evidence 1083900000 − 817200000 USD Exact free cash flow: 266700000 USD 2015-01-01 – 2015-12-31: 1083900000 USD · Inspect Operating Cash Flow · Source 2015-01-01 – 2015-12-31: 817200000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Targa Resources Partners LP · 2015-12-31 Targa Resources Partners LP (edgar:1379661) Free cash flow: 266700000 USD Concept: free-cash-flow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1083900000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459018002343/ngls-20171231.xml#662592 Filing: 000156459018002343 Input fundies:CapitalExpenditure: 817200000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459018002343/ngls-20171231.xml#663270 Filing: 000156459018002343 The citation records this snapshot. The page link may show a newer release later.
2016 2016-01-01 – 2016-12-31	−USD 249.4 million Exact value Exact value: -249400000 USD 2016-01-01 – 2016-12-31: -249400000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Targa Resources Partners LP · 2016-12-31 Targa Resources Partners LP (edgar:1379661) Net Income: -249400000 USD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:NetIncome: -249400000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459019005734/ngls-20181231.xml#606163 Filing: 000156459019005734 The citation records this snapshot. The page link may show a newer release later.	USD 838.4 million Exact value Exact value: 838400000 USD 2016-01-01 – 2016-12-31: 838400000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Targa Resources Partners LP · 2016-12-31 Targa Resources Partners LP (edgar:1379661) Operating Cash Flow: 838400000 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 838400000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459019005734/ngls-20181231.xml#689429 Filing: 000156459019005734 The citation records this snapshot. The page link may show a newer release later.	USD 562.1 million Exact value Exact value: 562100000 USD 2016-01-01 – 2016-12-31: 562100000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Targa Resources Partners LP · 2016-12-31 Targa Resources Partners LP (edgar:1379661) Capital Expenditure: 562100000 USD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 562100000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459019005734/ngls-20181231.xml#690067 Filing: 000156459019005734 The citation records this snapshot. The page link may show a newer release later.	USD 276.3 million Calculation and evidence 838400000 − 562100000 USD Exact free cash flow: 276300000 USD 2016-01-01 – 2016-12-31: 838400000 USD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 562100000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Targa Resources Partners LP · 2016-12-31 Targa Resources Partners LP (edgar:1379661) Free cash flow: 276300000 USD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 838400000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459019005734/ngls-20181231.xml#689429 Filing: 000156459019005734 Input fundies:CapitalExpenditure: 562100000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459019005734/ngls-20181231.xml#690067 Filing: 000156459019005734 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	−USD 289.5 million Exact value Exact value: -289500000 USD 2017-01-01 – 2017-12-31: -289500000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Targa Resources Partners LP · 2017-12-31 Targa Resources Partners LP (edgar:1379661) Net Income: -289500000 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: -289500000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459020005598/ngls-10k_20191231.htm#5699359 Filing: 000156459020005598 The citation records this snapshot. The page link may show a newer release later.	USD 857.6 million Exact value Exact value: 857600000 USD 2017-01-01 – 2017-12-31: 857600000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Targa Resources Partners LP · 2017-12-31 Targa Resources Partners LP (edgar:1379661) Operating Cash Flow: 857600000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 857600000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459020005598/ngls-10k_20191231.htm#6397546 Filing: 000156459020005598 The citation records this snapshot. The page link may show a newer release later.	USD 1.3 billion Exact value Exact value: 1297500000 USD 2017-01-01 – 2017-12-31: 1297500000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Targa Resources Partners LP · 2017-12-31 Targa Resources Partners LP (edgar:1379661) Capital Expenditure: 1297500000 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1297500000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459020005598/ngls-10k_20191231.htm#6409250 Filing: 000156459020005598 The citation records this snapshot. The page link may show a newer release later.	−USD 439.9 million Calculation and evidence 857600000 − 1297500000 USD Exact free cash flow: -439900000 USD 2017-01-01 – 2017-12-31: 857600000 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 1297500000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Targa Resources Partners LP · 2017-12-31 Targa Resources Partners LP (edgar:1379661) Free cash flow: -439900000 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 857600000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459020005598/ngls-10k_20191231.htm#6397546 Filing: 000156459020005598 Input fundies:CapitalExpenditure: 1297500000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459020005598/ngls-10k_20191231.htm#6409250 Filing: 000156459020005598 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	USD 51 million Exact value Exact value: 51000000 USD 2018-01-01 – 2018-12-31: 51000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Targa Resources Partners LP · 2018-12-31 Targa Resources Partners LP (edgar:1379661) Net Income: 51000000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: 51000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#4890437 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	USD 1.21 billion Exact value Exact value: 1213600000 USD 2018-01-01 – 2018-12-31: 1213600000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Targa Resources Partners LP · 2018-12-31 Targa Resources Partners LP (edgar:1379661) Operating Cash Flow: 1213600000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1213600000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5593640 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	USD 3.11 billion Exact value Exact value: 3114000000 USD 2018-01-01 – 2018-12-31: 3114000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Targa Resources Partners LP · 2018-12-31 Targa Resources Partners LP (edgar:1379661) Capital Expenditure: 3114000000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 3114000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5604584 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	−USD 1.9 billion Calculation and evidence 1213600000 − 3114000000 USD Exact free cash flow: -1900400000 USD 2018-01-01 – 2018-12-31: 1213600000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 3114000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Targa Resources Partners LP · 2018-12-31 Targa Resources Partners LP (edgar:1379661) Free cash flow: -1900400000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1213600000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5593640 Filing: 000156459021006649 Input fundies:CapitalExpenditure: 3114000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5604584 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−USD 254.7 million Exact value Exact value: -254700000 USD 2019-01-01 – 2019-12-31: -254700000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Targa Resources Partners LP · 2019-12-31 Targa Resources Partners LP (edgar:1379661) Net Income: -254700000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -254700000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#4888536 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	USD 1.36 billion Exact value Exact value: 1363000000 USD 2019-01-01 – 2019-12-31: 1363000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Targa Resources Partners LP · 2019-12-31 Targa Resources Partners LP (edgar:1379661) Operating Cash Flow: 1363000000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1363000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5591840 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	USD 2.88 billion Exact value Exact value: 2877300000 USD 2019-01-01 – 2019-12-31: 2877300000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Targa Resources Partners LP · 2019-12-31 Targa Resources Partners LP (edgar:1379661) Capital Expenditure: 2877300000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2877300000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5602808 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	−USD 1.51 billion Calculation and evidence 1363000000 − 2877300000 USD Exact free cash flow: -1514300000 USD 2019-01-01 – 2019-12-31: 1363000000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 2877300000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Targa Resources Partners LP · 2019-12-31 Targa Resources Partners LP (edgar:1379661) Free cash flow: -1514300000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1363000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5591840 Filing: 000156459021006649 Input fundies:CapitalExpenditure: 2877300000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5602808 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 1.76 billion Exact value Exact value: -1758800000 USD 2020-01-01 – 2020-12-31: -1758800000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Targa Resources Partners LP · 2020-12-31 Targa Resources Partners LP (edgar:1379661) Net Income: -1758800000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -1758800000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#4886605 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	USD 1.7 billion Exact value Exact value: 1702900000 USD 2020-01-01 – 2020-12-31: 1702900000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Targa Resources Partners LP · 2020-12-31 Targa Resources Partners LP (edgar:1379661) Operating Cash Flow: 1702900000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1702900000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5590040 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	USD 951.6 million Exact value Exact value: 951600000 USD 2020-01-01 – 2020-12-31: 951600000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Targa Resources Partners LP · 2020-12-31 Targa Resources Partners LP (edgar:1379661) Capital Expenditure: 951600000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 951600000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5601061 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.	USD 751.3 million Calculation and evidence 1702900000 − 951600000 USD Exact free cash flow: 751300000 USD 2020-01-01 – 2020-12-31: 1702900000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 951600000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Targa Resources Partners LP · 2020-12-31 Targa Resources Partners LP (edgar:1379661) Free cash flow: 751300000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T11:22:49Z Snapshot: 8b8a3a5d4e31e0dfd99b108e539dbf7ab7a42363b61f2062a453ef3e38db973b Dimensions: Consolidated View: https://fundies.io/companies/edgar/1379661?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1702900000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5590040 Filing: 000156459021006649 Input fundies:CapitalExpenditure: 951600000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1379661/000156459021006649/ngls-10k_20201231.htm#5601061 Filing: 000156459021006649 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

65 filings · 5,395 latest values · 5,395 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001379661, 1379661, NGLS, edgar:1379661

Also known as TARGA RESOURCES PARTNERS LP, Targa Resources Partners LP

Targa Resources Partners LP

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Trailing twelve months

Revenue

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2020 2020-01-01 – 2020-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation