Targa Resources (TRGP) Change in Inventory (2011 - 2026)
Targa Resources (TRGP) posted quarterly 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 reported Change in Inventory for 16 consecutive years, with -$96.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Inventory fell 21.83% year-over-year to -$96.0 million; the TTM figure through Mar 2026 stood at $72.3 million (up 108.36% YoY), while the FY2025 annual figure was $89.5 million, up 367.16% from the prior year.
- Change in Inventory slipped to -$96.0 million in Q1 2026 per TRGP's latest filing, from -$57.2 million in the prior quarter.
- Across five years, Change in Inventory topped out at $269.3 million in Q3 2022 and bottomed at -$237.5 million in Q1 2023.
- Historically, Change in Inventory has averaged $9.4 million across 5 years, with a median of -$55.9 million in 2022.
- Annual changes were most pronounced in 2022 — Change in Inventory jumped 681.75% — and 2023, when it slumped 324.87%.
- Targa Resources' Change in Inventory stood at -$84.3 million in 2022, then sank by 101.78% to -$170.1 million in 2023, then jumped by 52.56% to -$80.7 million in 2024, then grew by 29.12% to -$57.2 million in 2025, then slumped 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | -31.00 Mn |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | - |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | -33.00 Mn |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 22.00 Mn |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | -10.40 Mn |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 54.00 Mn |
| 10 | Venture Global | 34.30 Bn | 31.08 Bn | 2.92 Bn | 46.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -10.40 Mn |
| Jun 30, 2026 | -10.40 Mn |
| 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 |