NGL Energy Partners LP

NGL Energy Partners LP

NGL-PC
NGL Energy Partners LPUS flagNew York Stock Exchange
25.90
USD
+0.15
- -
3.23BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
9,699
16,802
11,742
12,707
6,954
8,689
7,584
5,227
7,948
5,679
4,153
3,469
3,156
3,156
Operating Margin (%)
1.14
0.88
1.84
-0.02
2.45
1.85
3.41
1.62
2.23
5.82
6.69
10.4
11.12
11.12
Depreciation Expense
133
210
249
195
220
222
277
331
306
290
282
267
269
269
Net Income, GAAP
48
37
-199
137
-71
360
-397
-640
-185
51
-144
39
-142
-142
Effective Tax Rate (%)
1.89
- -
- -
2
- -
- -
- -
- -
- -
2.37
- -
- -
- -
- -
Profit Margin (%)
0.49
0.22
-1.69
1.08
-1.02
4.14
-5.23
-12.24
-2.32
0.9
-3.46
1.13
-4.51
-4.51
Working Capital
311
528
322
546
1,122
562
-72
97
269
182
203
223
34
34
LT Debt
1,630
2,727
2,913
2,963
2,680
2,160
3,266
3,423
3,423
2,916
2,914
3,047
3,305
3,305
Total Equity
1,532
2,693
1,694
2,231
2,169
2,428
2,273
1,499
1,266
1,319
999
697
-7
-7
Return on Invested Capital (%)
4.47
- -
- -
-0.06
- -
- -
- -
- -
- -
7.16
- -
- -
- -
- -
Return on Capital (%)
8.7
- -
- -
9.27
- -
- -
- -
- -
- -
9.39
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
38
42
45
LT Borrowings
2,904
2,924
3,223
LT Finance Leases
85
89
82
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
126
124
124
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
718
721
774
Cash, Cash Equivalents & STI
9
6
9
Accounts Receivable, Net
559
598
661
Inventories
118
79
67
Total Current Liabilities
570
647
739
Payables & Accruals
495
545
573
ST Debt
38
42
45
Deferred Revenue
14
14
15

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-16.64%
-33.37%
-100.97%
Free Cash Flow
-54%
14.12%
23.02%
Net Income, GAAP
-224.53%
-233.51%
-461.45%
Sales/Revenue/Turnover
-8.48%
-5.77%
-9.02%
Total Cash Common Dividend
-34.8%
-44.18%
-180.08%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,616
1,841
1,870
1,630
4,153
2025
759
756
982
-820
3,469
2026
622
675
910
950
3,156

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
H. Michael Krimbill
Full Time Employees
607
Sector
Energy
Industry
Oil & Gas Midstream
Address
6120 South Yale Avenue Tulsa OK United States of America 74136
IPO Date
Mar 28, 2019
Business
NGL Energy Partners LP (NYSE: NGL; NGL-PC), a master limited partnership headquartered in Tulsa, Oklahoma and founded in 1940, operates as a diversified midstream energy company focused on transportation, storage, blending, and marketing services for crude oil, natural gas liquids (NGLs), refined products/renewables, and water solutions across the United States, with key operations in the Permian Basin, Delaware Basin, Eagle Ford, and DJ Basins. The company conducts business through three primary segments: Water Solutions, which transports, treats, recycles, and disposes produced and flowback water from oil and natural gas production, aggregates and sells recovered crude oil, disposes solids including tank bottoms and drilling fluids, performs truck and frac tank washouts, and sells produced water for reuse along with brackish non-potable water; Crude Oil Logistics, which purchases crude oil from producers and marketers, transports it to refineries or resale points via pipelines, storage terminals, barge loading facilities, rail, and trade hubs, and provides associated storage, terminaling, and transportation including the Grand Mesa Pipeline System, Cushing terminal, and Gulf Coast terminals; and Liquids Logistics, which handles NGL transportation, storage, fractionation, blending, and marketing to refineries, petrochemical companies, propane distributors, and end-users, including propane pipelines in Michigan and marine butane exports from Chesapeake, Virginia. NGL Energy Holdings LLC serves as the general partner. In recent developments, the company completed asset sales totaling approximately $270 million in May 2025, including 17 natural gas liquids terminals, the Green Bay terminal, the Rack Marketing refined products business, Limestone Ranch ownership, and its remaining crude rail car fleet, enabling focus on core water solutions and crude oil logistics assets, deleveraging, and capital structure improvements; it also partners with the State of New Mexico to secure 10,000 acres of Lesser Prairie Chicken habitat and emphasizes redefining saltwater disposal (S.W.D.) leadership in midstream water management, processing around 2.80 million barrels of produced water per day in Q2 fiscal 2026.