Targa Resources (TRGP) Inventory Average (2011 - 2026)
Targa Resources (TRGP) posted quarterly 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 reported Inventory Average for 16 consecutive years, with $381.8 million the latest figure, recorded in 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 retreated to $381.8 million in Q1 2026 per TRGP's latest filing, from $460.0 million in the prior quarter.
- Across five years, Inventory Average topped out at $467.1 million in Q3 2025 and bottomed at $125.4 million in Q1 2022.
- Historically, Inventory Average has averaged $335.2 million across 5 years, with a median of $349.8 million in 2025.
- Annual changes were most pronounced in 2022 — Inventory Average jumped 155.72% — and 2024, when it fell 17.46%.
- Targa Resources' Inventory Average 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.
- 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.04 Bn | 113.17 Bn | 3.07 Bn | 579.00 Mn |
| 2 | Enbridge | 111.19 Bn | 111.69 Bn | 5.23 Bn | 1.25 Bn |
| 3 | Enterprise Products Partners | 83.98 Bn | 83.12 Bn | - | 4.95 Bn |
| 4 | Energy Transfer | 72.48 Bn | 71.45 Bn | 7.40 Bn | 4.52 Bn |
| 5 | Tc Energy | 66.71 Bn | 66.18 Bn | 1.24 Bn | 618.71 Mn |
| 6 | Mplx | 60.30 Bn | 59.27 Bn | 2.73 Bn | 189.00 Mn |
| 7 | Oneok | 59.88 Bn | 59.82 Bn | 2.81 Bn | 1.10 Bn |
| 8 | Targa Resources | 59.14 Bn | 59.14 Bn | 2.14 Bn | 323.05 Mn |
| 9 | Cheniere Energy | 56.12 Bn | 60.17 Bn | 5.29 Bn | 700.50 Mn |
| 10 | Venture Global | 34.82 Bn | 35.11 Bn | 2.92 Bn | 265.50 Mn |
Historic Data
Download 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 |