Targa Resources (TRGP) Change in Inventory (2011 - 2026)
Targa Resources' Change in Inventory came in at -$10.4 million for Q2 2026, compared with $184.2 million a year earlier.
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Analysis
Targa Resources (TRGP) Change in Inventory (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Targa Resources reported Change in Inventory of -$122.3 million; for FY2025, it came in at $89.5 million.
- Change in Inventory carries a five-year compound annual growth rate of 26.4% (FY2020 to FY2025).
- Going back by year, Change in Inventory was -$33.5 million in FY2024, -$36 million in FY2023, $236.2 million in FY2022 and -$40.6 million in FY2021.
- The five-year range for quarterly Change in Inventory is -$237.5 million (Q1 2023) to $269.3 million (Q3 2022).
- The fastest year-over-year change in Change in Inventory over five years came in Q2 2022 (growth of 681.8%), and the weakest in Q3 2025 (a decline of 61.5%).
- Business Quant data shows TRGP's Change in Inventory at -$96 million (Q1 2026), -$57.2 million (Q4 2025) and $41.3 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | - |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | - |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | -31.00 Mn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | -10.40 Mn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 22.00 Mn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | -33.00 Mn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 54.00 Mn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 46.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.40 Mn |
| Mar 31, 2026 | -96.00 Mn |
| Dec 31, 2025 | -57.20 Mn |
| Sep 30, 2025 | 41.30 Mn |
| Jun 30, 2025 | 184.20 Mn |
| Mar 31, 2025 | -78.80 Mn |
| Dec 31, 2024 | -80.70 Mn |
| Sep 30, 2024 | 107.40 Mn |
| Jun 30, 2024 | 86.80 Mn |
| Mar 31, 2024 | -147.00 Mn |
| Dec 31, 2023 | -170.10 Mn |
| Sep 30, 2023 | 223.30 Mn |
| Jun 30, 2023 | 148.30 Mn |
| Mar 31, 2023 | -237.50 Mn |
| Dec 31, 2022 | -84.30 Mn |
| Sep 30, 2022 | 269.30 Mn |
| Jun 30, 2022 | 107.10 Mn |
| Mar 31, 2022 | -55.90 Mn |
| Dec 31, 2021 | -168.60 Mn |
| Sep 30, 2021 | 254.20 Mn |
API Access
Targa Resources Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();