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| Date | Value |
|---|---|
| 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 |