Targa Resources (MEX:TRGP) Accounts Payable: MXN35,847 Mil (As of Mar. 2026)


MEX:TRGP Targa Resources Corp MEX:TRGP
69 GF Score
Price MXN3,775.00
GF Value MXN2,353.80
! 9 Warning Signs
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What is Targa Resources Accounts Payable?

Targa Resources MEX:TRGP 69 Accounts Payable is MXN35,847 Mil as of Mar. 2026. GuruFocus rates MEX:TRGP with a GF Score™ of 69/100 and a GF Value™ of MXN2,353.80. The stock has 9 warning signs investors should review.

Targa Resources's Accounts Payable for the quarter that ended in Mar. 2026 was MXN35,847 Mil.

Targa Resources's quarterly Accounts Payable increased from Sep. 2025 (MXN29,065 Mil) to Dec. 2025 (MXN33,725 Mil) and increased from Dec. 2025 (MXN33,725 Mil) to Mar. 2026 (MXN35,847 Mil).

Targa Resources's annual Accounts Payable increased from Dec. 2023 (MXN26,733 Mil) to Dec. 2024 (MXN41,972 Mil) but then declined from Dec. 2024 (MXN41,972 Mil) to Dec. 2025 (MXN33,725 Mil).

Targa Resources Accounts Payable Related Terms

Targa Resources Accounts Payable Historical Data

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The historical data trend for Targa Resources's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Targa Resources Accounts Payable Chart

Targa Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28,766.78 28,245.81 26,732.74 41,972.10 33,724.68

Targa Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38,661.91 32,512.38 29,064.55 33,724.68 35,847.20
MEX:TRGP
69GF Score
Targa Resources Corp MEX:TRGP
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Targa Resources Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of MXN35,847 Mil mean?
Targa Resources (MEX:TRGP) has a Accounts Payable of MXN35,847 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Targa Resources and its competitors.
Is Targa Resources' Accounts Payable too high?
Targa Resources' current Accounts Payable is MXN35,847 Mil. Overall, Targa Resources has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' Accounts Payable compare to MPLX and OKE?
Targa Resources' Accounts Payable of MXN35,847 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Targa Resources and its competitors. Targa Resources's current Accounts Payable is MXN35,847 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targa Resources stock overvalued right now?
Targa Resources (MEX:TRGP) has a current Accounts Payable of MXN35,847 Mil. The stock's GF Value™ is MXN2,353.80, compared to a current price of MXN3,775.00 — trading 60.4% above its estimated fair value. The current Accounts Payable is MXN35,847 Mil. Targa Resources' overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current Accounts Payable is MXN35,847 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Targa Resources (MEX:TRGP) Overvalued in 2026?

Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued. The current stock price of MXN3,775.00 is trading 60.4% above its estimated GF Value™ of MXN2,353.80.

Key valuation signals for MEX:TRGP:

  • Accounts Payable: MXN35,847 Mil
  • GF Value™: MXN2,353.80 vs. price of MXN3,775.00 (60.4% above fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the MEX:TRGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Targa Resources Business Description

Industry EnergyOil & Gas
Address 811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
69GF Score

Get the complete analysis for MEX:TRGP

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,775.00
Price
MXN2,353.80
GF Value