Targa Resources (TRGP) Change in Inventory (2011 - 2026)

Targa Resources (TRGP) reported Change in Inventory of -$96.0 million for Q1 2026, down 21.83% year-over-year from -$122.8 million in Q1 2025, and down 67.83% quarter-over-quarter from -$57.2 million in Q4 2025.

Targa Resources (TRGP) Change in Inventory (2011 - 2026) Analysis & Trends

Targa Resources (TRGP) has 16 years of Change in Inventory data on file, last reported at -$96.0 million in Q1 2026.

  • Change in Inventory for Q1 2026 came in at -$96.0 million, down 21.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $72.3 million (up 108.36% YoY), and the FY2025 annual result was $89.5 million, up 367.16% from the prior year.
  • Change in Inventory declined to -$96.0 million in Q1 2026 per TRGP's latest filing, from -$57.2 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $269.3 million in Q3 2022 and troughed at -$237.5 million in Q1 2023.
  • A 5-year average of $9.4 million and a median of -$55.9 million in 2022 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2022 and 2023: Change in Inventory jumped 681.75% in 2022, then slumped 324.87% in 2023.
  • A 5-year view of Change in Inventory shows it stood at -$84.3 million in 2022, then plunged by 101.78% to -$170.1 million in 2023, then soared by 52.56% to -$80.7 million in 2024, then climbed by 29.12% to -$57.2 million in 2025, then sank by 67.83% to -$96.0 million in 2026.
  • Business Quant data shows TRGP's Change in Inventory at -$96.0 million in Q1 2026, -$57.2 million in Q4 2025, and $41.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 19.00 Mn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 1.02 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 6.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -96.00 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 173.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 156.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -96.00 Mn
Mar 31, 2026 -96.00 Mn
Dec 31, 2025 -57.20 Mn
Dec 31, 2025 -57.20 Mn
Sep 30, 2025 41.30 Mn
Sep 30, 2025 41.30 Mn
Jun 30, 2025 184.20 Mn
Jun 30, 2025 184.20 Mn
Mar 31, 2025 -78.80 Mn
Mar 31, 2025 -78.80 Mn
Dec 31, 2024 -80.70 Mn
Dec 31, 2024 -80.70 Mn
Sep 30, 2024 107.40 Mn
Sep 30, 2024 107.40 Mn
Jun 30, 2024 86.80 Mn
Jun 30, 2024 86.80 Mn
Mar 31, 2024 -147.00 Mn
Mar 31, 2024 -147.00 Mn
Dec 31, 2023 -170.10 Mn
Dec 31, 2023 -170.10 Mn