Targa Resources (MEX:TRGP) Research & Development: MXN0 Mil (TTM As of Mar. 2026)


MEX:TRGP Targa Resources Corp MEX:TRGP
74 GF Score
Price MXN3,775.00
GF Value MXN2,328.09
! 8 Warning Signs
View Full Analysis

What is Targa Resources Research & Development?

Targa Resources MEX:TRGP 74 Research & Development is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:TRGP with a GF Score™ of 74/100 and a GF Value™ of MXN2,328.09. The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Targa Resources's Research & Development for the three months ended in Mar. 2026 was MXN0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN0 Mil.

Targa Resources  (MEX:TRGP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Targa Resources Research & Development Related Terms

Targa Resources Research & Development Historical Data

* Premium members only.

The historical data trend for Targa Resources's Research & Development 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 Research & Development Chart

Targa Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Targa Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 0.00 0.00 0.00 0.00 0.00
MEX:TRGP
74GF Score
Targa Resources Corp MEX:TRGP
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Targa Resources Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN0 Mil mean?
Targa Resources (MEX:TRGP) has a Research & Development of MXN0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Targa Resources and its competitors.
Is Targa Resources' Research & Development too high?
Targa Resources' current Research & Development is MXN0 Mil. Overall, Targa Resources has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' Research & Development compare to MPLX and OKE?
Targa Resources' Research & Development of MXN0 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 Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Targa Resources and its competitors. Targa Resources's current Research & Development is MXN0 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 Research & Development of MXN0 Mil. The stock's GF Value™ is MXN2,328.09, compared to a current price of MXN3,775.00 — trading 62.2% above its estimated fair value. The current Research & Development is MXN0 Mil. Targa Resources' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current Research & Development is MXN0 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 62.2% above its estimated GF Value™ of MXN2,328.09.

Key valuation signals for MEX:TRGP:

  • Research & Development: MXN0 Mil
  • GF Value™: MXN2,328.09 vs. price of MXN3,775.00 (62.2% above fair value)
  • GF Score™: 74/100 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).
74GF Score

Get the complete analysis for MEX:TRGP

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

MXN3,775.00
Price
MXN2,328.09
GF Value