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
DateValue
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