Targa Resources (TRGP) Inventory (2010 - 2026)
Targa Resources' (TRGP) quarterly Inventory came in at $311.7 million in Q2 2026, down 29.72% year-over-year from $443.5 million in Q2 2025, and down 6.79% quarter-over-quarter from $334.4 million in Q1 2026.
Analysis
Targa Resources (TRGP) Inventory (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Inventory for 17 consecutive years, with $311.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory fell 29.72% year-over-year to $311.7 million in Q2 2026; TTM through Jun 2026 was $311.7 million, a 29.72% decrease from a year earlier, with the FY2025 full-year figure at $429.3 million, up 28.42% from the prior year.
- Inventory was $311.7 million for Q2 2026 at Targa Resources, down from $334.4 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.
- A 5-year average of $339.0 million and a median of $334.3 million in 2024 frame the typical range for Inventory.
- Across the five-year window, Inventory soared 208.23% in 2022 and retreated 29.72% in 2026, its largest moves.
- Over 5 years, Inventory stood at $393.8 million in 2022, then dropped by 5.66% to $371.5 million in 2023, then dropped by 10.01% to $334.3 million in 2024, then gained by 28.42% to $429.3 million in 2025, then declined by 27.39% to $311.7 million in 2026.
- The last three Inventory figures came in at $311.7 million (Q2 2026), $334.4 million (Q1 2026), and $429.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 565.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 4.67 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 4.39 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 676.66 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 311.70 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 200.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.06 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.15 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 297.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | 10.36 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 311.70 Mn |
| 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 |