Targa Resources (TRGP) Depreciation and Depletion (2018 - 2026)
Targa Resources (TRGP) posted quarterly 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 reported Depreciation and Depletion for 9 consecutive years, with $322.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Depreciation and Depletion rose 12.83% year-over-year to $322.8 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 12.61% YoY), while the FY2025 annual figure was $1.2 billion, up 13.29% from the prior year.
- Depreciation and Depletion improved to $322.8 million in Q1 2026 per TRGP's latest filing, from $309.0 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $322.8 million in Q1 2026 and bottomed at $181.1 million in Q1 2022.
- Historically, Depreciation and Depletion has averaged $256.5 million across 5 years, with a median of $247.2 million in 2024.
- Annual changes were most pronounced in 2022 — Depreciation and Depletion jumped 35.06% — and 2023, when it slipped 2.4%.
- Targa Resources' Depreciation and Depletion stood at $224.3 million in 2022, then grew by 9.41% to $245.4 million in 2023, then gained by 16.22% to $285.2 million in 2024, then rose by 8.35% to $309.0 million in 2025, then grew 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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 562.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 320.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 351.10 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 378.00 Mn |
| 10 | Venture Global | 34.09 Bn | 30.87 Bn | 2.92 Bn | 257.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 351.10 Mn |
| Jun 30, 2026 | 351.10 Mn |
| 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 |