Targa Resources (TRGP) Depreciation and Depletion (2018 - 2026)
Targa Resources (TRGP) reported Depreciation and Depletion of $322.8 million for Q1 2026, up 12.83% year-over-year from $286.1 million in Q1 2025, and up 4.47% quarter-over-quarter from $309.0 million in Q4 2025.
Targa Resources (TRGP) Depreciation and Depletion (2018 - 2026) Analysis & Trends
Targa Resources (TRGP) has 9 years of Depreciation and Depletion data on file, last reported at $322.8 million in Q1 2026.
- Depreciation and Depletion for Q1 2026 came in at $322.8 million, up 12.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 12.61% YoY), and the FY2025 annual result was $1.2 billion, up 13.29% from the prior year.
- Depreciation and Depletion grew to $322.8 million in Q1 2026 per TRGP's latest filing, from $309.0 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $322.8 million in Q1 2026 and troughed at $181.1 million in Q1 2022.
- A 5-year average of $256.5 million and a median of $247.2 million in 2024 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2022 and 2023: Depreciation and Depletion jumped 35.06% in 2022, then slipped 2.4% in 2023.
- A 5-year view of Depreciation and Depletion shows it stood at $224.3 million in 2022, then climbed by 9.41% to $245.4 million in 2023, then rose by 16.22% to $285.2 million in 2024, then increased by 8.35% to $309.0 million in 2025, then climbed by 4.47% to $322.8 million in 2026.
- Business Quant data shows TRGP's Depreciation and Depletion at $322.8 million in Q1 2026, $309.0 million in Q4 2025, and $302.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.85 Bn | 90.55 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.59 Bn | 79.44 Bn | - | 553.00 Mn |
| 3 | Kinder Morgan | 70.78 Bn | 71.86 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.32 Bn | 64.60 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 61.31 Bn | 60.32 Bn | - | -41.49 Mn |
| 6 | Targa Resources | 58.52 Bn | 58.55 Bn | 1.70 Bn | 322.80 Mn |
| 7 | Mplx | 57.50 Bn | 55.99 Bn | 2.54 Bn | 315.00 Mn |
| 8 | Oneok | 57.00 Bn | 56.87 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 51.73 Bn | 52.93 Bn | 2.95 Bn | - |
| 10 | Cheniere Energy | 50.74 Bn | 52.94 Bn | 5.86 Bn | 371.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 322.80 Mn |
| Mar 31, 2026 | 322.80 Mn |
| Dec 31, 2025 | 309.00 Mn |
| Dec 31, 2025 | 309.00 Mn |
| Sep 30, 2025 | 302.00 Mn |
| Sep 30, 2025 | 302.00 Mn |
| Jun 30, 2025 | 292.20 Mn |
| Jun 30, 2025 | 292.20 Mn |
| Mar 31, 2025 | 286.10 Mn |
| Mar 31, 2025 | 286.10 Mn |
| Dec 31, 2024 | 285.20 Mn |
| Dec 31, 2024 | 285.20 Mn |
| Sep 30, 2024 | 262.10 Mn |
| Sep 30, 2024 | 262.10 Mn |
| Jun 30, 2024 | 255.30 Mn |
| Jun 30, 2024 | 255.30 Mn |
| Mar 31, 2024 | 247.20 Mn |
| Mar 31, 2024 | 247.20 Mn |
| Dec 31, 2023 | 245.40 Mn |
| Dec 31, 2023 | 245.40 Mn |