Targa Resources (TRGP) Inventory Average (2011 - 2026)

Targa Resources' (TRGP) quarterly Inventory Average came in at $381.8 million in Q1 2026, up 29.33% year-on-year from $295.2 million in Q1 2025, and down 16.99% sequentially from $460.0 million in Q4 2025.

Targa Resources (TRGP) Inventory Average (2011 - 2026) Analysis & Trends

Targa Resources' Inventory Average history runs 16 years deep, the most recent figure standing at $381.8 million for Q1 2026.

  • In Q1 2026, Inventory Average rose 29.33% year-over-year to $381.8 million; the TTM figure through Mar 2026 stood at $381.8 million (up 29.33% YoY), while the FY2025 annual figure was $381.8 million, up 8.19% from the prior year.
  • Inventory Average came in at $381.8 million for Q1 2026 at Targa Resources, down 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.
  • The 5-year median for Inventory Average is $349.8 million (2025), against an average of $335.2 million.
  • The widest annual swing landed in 2022, when Inventory Average surged 155.72%; it then retreated 17.46% in 2024.
  • A 5-year view of Inventory Average shows it stood at $432.6 million in 2022, then climbed by 4.92% to $453.8 million in 2023, then dropped by 17.46% to $374.6 million in 2024, then climbed by 22.8% to $460.0 million in 2025, then decreased by 16.99% to $381.8 million in 2026.
  • Per Business Quant data, the three most recent Inventory Average figures were $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 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.25 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 583.50 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 4.56 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 4.71 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 381.85 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 175.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.04 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 165.50 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 247.00 Mn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 295.50 Mn

Historic Data

Download Data
DateValue
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