Targa Resources (TRGP) Change in Inventory (2011 - 2026)
Targa Resources' (TRGP) quarterly Change in Inventory came in at -$96.0 million in Q1 2026, down 21.83% year-on-year from -$122.8 million in Q1 2025, and down 67.83% on a QoQ basis 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.
- On a quarterly basis, Change in Inventory fell 21.83% year-over-year to -$96.0 million in Q1 2026; TTM through Mar 2026 was $72.3 million, a 108.36% increase from a year earlier, with the FY2025 full-year figure at $89.5 million, up 367.16% from the prior year.
- Change in Inventory for Q1 2026 stood at -$96.0 million, down from -$57.2 million in the prior quarter.
- Over the last five years, Change in Inventory for TRGP reached as high as $269.3 million in Q3 2022 and fell as low as -$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.
- Across the five-year window, Change in Inventory surged 681.75% in 2022 and plunged 324.87% in 2023, its largest moves.
- Year by year, Change in Inventory stood at -$84.3 million in 2022, then sank by 101.78% to -$170.1 million in 2023, then soared by 52.56% to -$80.7 million in 2024, then rose by 29.12% to -$57.2 million in 2025, then slumped by 67.83% to -$96.0 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were -$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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -5.56 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 2.69 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | -31.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | - |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | - |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -96.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 173.00 Mn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 6.00 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 |