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
DateValue
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