Targa Resources (TRGP) Inventory Average (2011 - 2026)
Targa Resources' (TRGP) quarterly Inventory Average came in at $323.0 million in Q2 2026, down 7.66% year-over-year from $349.8 million in Q2 2025, and down 15.4% quarter-over-quarter from $381.8 million in Q1 2026.
Analysis
Targa Resources (TRGP) Inventory Average (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Inventory Average for 16 consecutive years, with $323.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory Average fell 7.66% year-over-year to $323.0 million in Q2 2026; TTM through Jun 2026 was $323.0 million, a 7.66% decrease from a year earlier, with the FY2025 full-year figure at $381.8 million, up 8.19% from the prior year.
- Inventory Average was $323.0 million for Q2 2026 at Targa Resources, down from $381.8 million in the prior quarter.
- Over five years, Inventory Average peaked at $467.1 million in Q3 2025 and troughed at $125.4 million in Q1 2022.
- A 5-year average of $334.6 million and a median of $343.3 million in 2022 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average soared 155.72% in 2022 and declined 17.46% in 2024, its largest moves.
- Over 5 years, Inventory Average stood at $432.6 million in 2022, then gained by 4.92% to $453.8 million in 2023, then decreased by 17.46% to $374.6 million in 2024, then gained by 22.8% to $460.0 million in 2025, then slipped by 29.77% to $323.0 million in 2026.
- The last three Inventory Average figures came in at $323.0 million (Q2 2026), $381.8 million (Q1 2026), and $460.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 579.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 4.95 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 4.52 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 618.71 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 323.05 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 189.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.10 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.25 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 310.50 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | 7.59 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 323.05 Mn |
| Mar 31, 2026 | 381.85 Mn |
| Dec 31, 2025 | 460.00 Mn |
| Sep 30, 2025 | 467.10 Mn |
| Jun 30, 2025 | 349.85 Mn |
| Mar 31, 2025 | 295.25 Mn |
| Dec 31, 2024 | 374.60 Mn |
| Sep 30, 2024 | 367.75 Mn |
| Jun 30, 2024 | 272.55 Mn |
| Mar 31, 2024 | 298.00 Mn |
| Dec 31, 2023 | 453.85 Mn |
| Sep 30, 2023 | 424.25 Mn |
| Jun 30, 2023 | 234.25 Mn |
| Mar 31, 2023 | 275.00 Mn |
| Dec 31, 2022 | 432.55 Mn |
| Sep 30, 2022 | 336.75 Mn |
| Jun 30, 2022 | 149.85 Mn |
| Mar 31, 2022 | 125.45 Mn |
| Dec 31, 2021 | 235.10 Mn |
| Sep 30, 2021 | 191.20 Mn |