Targa Resources (MEX:TRGP) Accumulated Depreciation: MXN Mil (As of Jun. 2026)

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MEX:TRGP Targa Resources Corp MEX:TRGP
59 GF Score
Price MXN4,599.18
GF Value MXN2,457.75
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Targa Resources Accumulated Depreciation?

Targa Resources MEX:TRGP 59 Accumulated Depreciation is MXN Mil as of Jun. 2026. GuruFocus rates MEX:TRGP with a GF Score™ of 59/100 and a GF Value™ of MXN2,457.75 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Targa Resources's annual accumulated depreciation increased from Dec. 2023 (MXN-177,115 Mil) to Dec. 2024 (MXN-239,048 Mil) but then stayed the same from Dec. 2024 (MXN-239,048 Mil) to Dec. 2025 (MXN-227,734 Mil).

Targa Resources Accumulated Depreciation Related Terms

Targa Resources Accumulated Depreciation Historical Data

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The historical data trend for Targa Resources's Accumulated Depreciation 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 Accumulated Depreciation Chart

Targa Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -182,719.71 -188,999.04 -177,114.55 -239,048.01 -227,733.74

Targa Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation 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 - - - - -
MEX:TRGP
59GF Score
Targa Resources Corp MEX:TRGP
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Targa Resources Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of MXN Mil mean?
Targa Resources (MEX:TRGP) has a Accumulated Depreciation of MXN Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Targa Resources and its competitors.
Is Targa Resources' Accumulated Depreciation too high?
Targa Resources' current Accumulated Depreciation is MXN Mil. Overall, Targa Resources has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' Accumulated Depreciation compare to MPLX and OKE?
Targa Resources' Accumulated Depreciation of MXN 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 Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation 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 Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Targa Resources and its competitors. Targa Resources's current Accumulated Depreciation is MXN 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?
Based on GuruFocus' analysis, Targa Resources (MEX:TRGP) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,457.75, compared to a current price of MXN4,599.18 — trading 87.1% above its estimated fair value. The current Accumulated Depreciation is MXN Mil. Targa Resources' overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current Accumulated Depreciation is MXN Mil as of Jun. 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 MXN4,599.18 is trading 87.1% above its estimated GF Value™ of MXN2,457.75. GuruFocus considers Targa Resources to be Significantly Overvalued.

Key valuation signals for MEX:TRGP:

  • Accumulated Depreciation: MXN Mil
  • GF Value™: MXN2,457.75 vs. price of MXN4,599.18 (87.1% above fair value)
  • GF Score™: 59/100 with 8 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).
59GF Score

Get the complete analysis for MEX:TRGP

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

MXN4,599.18
Price
MXN2,457.75
GF Value