Targa Resources (TRGP) Inventory (2010 - 2026)
Targa Resources' (TRGP) quarterly Inventory came in at $334.4 million in Q1 2026, up 30.52% year-on-year from $256.2 million in Q1 2025, and down 22.11% sequentially from $429.3 million in Q4 2025.
Targa Resources (TRGP) Inventory (2010 - 2026) Analysis & Trends
Targa Resources' Inventory history runs 17 years deep, the most recent figure standing at $334.4 million for Q1 2026.
- In Q1 2026, Inventory rose 30.52% year-over-year to $334.4 million; the TTM figure through Mar 2026 stood at $334.4 million (up 30.52% YoY), while the FY2025 annual figure was $429.3 million, up 28.42% from the prior year.
- Inventory came in at $334.4 million for Q1 2026 at Targa Resources, down from $429.3 million in the prior quarter.
- Over five years, Inventory peaked at $536.2 million in Q3 2023 and troughed at $97.5 million in Q1 2022.
- The 5-year median for Inventory is $334.4 million (2026), against an average of $340.6 million.
- The widest annual swing landed in 2022, when Inventory surged 208.23%; it then dropped 22.62% in 2024.
- A 5-year view of Inventory shows it stood at $393.8 million in 2022, then fell by 5.66% to $371.5 million in 2023, then fell by 10.01% to $334.3 million in 2024, then climbed by 28.42% to $429.3 million in 2025, then fell by 22.11% to $334.4 million in 2026.
- Per Business Quant data, the three most recent Inventory figures were $334.4 million in Q1 2026, $429.3 million in Q4 2025, and $490.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 593.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 5.23 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 4.65 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 334.40 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 178.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.14 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 151.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 241.00 Mn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 380.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 334.40 Mn |
| Dec 31, 2025 | 429.30 Mn |
| Sep 30, 2025 | 490.70 Mn |
| Jun 30, 2025 | 443.50 Mn |
| Mar 31, 2025 | 256.20 Mn |
| Dec 31, 2024 | 334.30 Mn |
| Sep 30, 2024 | 414.90 Mn |
| Jun 30, 2024 | 320.60 Mn |
| Mar 31, 2024 | 224.50 Mn |
| Dec 31, 2023 | 371.50 Mn |
| Sep 30, 2023 | 536.20 Mn |
| Jun 30, 2023 | 312.30 Mn |
| Mar 31, 2023 | 156.20 Mn |
| Dec 31, 2022 | 393.80 Mn |
| Sep 30, 2022 | 471.30 Mn |
| Jun 30, 2022 | 202.20 Mn |
| Mar 31, 2022 | 97.50 Mn |
| Dec 31, 2021 | 153.40 Mn |
| Sep 30, 2021 | 316.80 Mn |
| Jun 30, 2021 | 65.60 Mn |