Targa Resources (TRGP) Inventory Average (2011 - 2026)
Targa Resources (TRGP) reported Inventory Average of $381.8 million for Q1 2026, up 29.33% year-over-year from $295.2 million in Q1 2025, and down 16.99% quarter-over-quarter from $460.0 million in Q4 2025.
Targa Resources (TRGP) Inventory Average (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has 16 years of Inventory Average data on file, last reported at $381.8 million in Q1 2026.
- Inventory Average for Q1 2026 came in at $381.8 million, up 29.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $381.8 million (up 29.33% YoY), and the FY2025 annual result was $381.8 million, up 8.19% from the prior year.
- Inventory Average eased to $381.8 million in Q1 2026 per TRGP's latest filing, from $460.0 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 $335.2 million and a median of $349.8 million in 2025 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2022 and 2024: Inventory Average jumped 155.72% in 2022, then fell 17.46% in 2024.
- A 5-year view of Inventory Average shows it stood at $432.6 million in 2022, then advanced by 4.92% to $453.8 million in 2023, then slipped by 17.46% to $374.6 million in 2024, then advanced by 22.8% to $460.0 million in 2025, then retreated by 16.99% to $381.8 million in 2026.
- Business Quant data shows TRGP's Inventory Average at $381.8 million in Q1 2026, $460.0 million in Q4 2025, and $467.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 1.25 Bn |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 4.56 Bn |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 583.50 Mn |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 4.71 Bn |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | 11.41 Mn |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 175.00 Mn |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 381.85 Mn |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 1.04 Bn |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 584.48 Mn |
| 10 | Cheniere Energy | 49.81 Bn | 52.01 Bn | 5.86 Bn | 601.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 58.60 Mn |