NGL Energy Partners LP

NGL Energy Partners LP

NGL
NGL Energy Partners LPUS flagNew York Stock Exchange
17.75
USD
-0.43
- -
2.22BMarket Cap
NGL Energy Partners LP
NGL
(New York Stock Exchange)

Recent

price

17.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
86.39
106.83
156.51
194.56
112
117.56
57.47
70.63
59.52
40.53
61.21
43.35
31.43
26.24
24.85
28.02
Revenue per Share
- -
0.52
1.09
0.54
-0.1
-2.35
0.99
-1.08
2.01
-4.59
-5.68
-2.22
-0.56
-2.14
-0.6
-3.19
-2.78
Basic EPS, GAAP
- -
5.46
3.21
1.38
2.76
3.35
-0.23
1.14
2.74
3.64
2.36
1.59
3.4
2.85
2.25
2.88
3.26
Free Cash Flow per Basic Share
- -
1.26
1.73
2.34
2.81
3.07
1.68
1.86
1.92
1.92
1.1
- -
- -
1.35
2.31
0.89
0.8
Dividend per Share
3.28
13.86
16.48
19.24
20.68
15.9
18.34
17.17
19.03
17.08
11.03
9.55
9.87
7.4
5.12
-0.22
0.26
Book Value per Share
1.87
3.02
-2.11
-3.72
-6.21
-7.76
-3.43
-0.27
3.67
-3.15
-4.45
-4.83
-3.56
-4.29
-5.87
-9.56
-8.92
Tangible Book Value per Share
- -
15
41
62
86
105
108
121
123
127
129
130
131
132
132
127
126
Basic Weighted Avg Shares
- -
1,310
4,418
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
3,524
Sales/Revenue/Turnover
- -
1.15
1.98
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
11.64
Operating Margin (%)
- -
17
78
133
210
249
195
220
222
277
331
306
290
282
267
269
266
Depreciation Expense
- -
8
48
48
37
-199
137
-71
360
-397
-640
-185
51
-144
39
-142
-132
Net Income, GAAP
- -
7.1
3.75
1.89
- -
- -
2
- -
- -
- -
- -
- -
2.37
- -
- -
- -
- -
Effective Tax Rate (%)
- -
0.6
1.09
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
-3.76
Profit Margin (%)
27
54
102
311
528
322
546
1,122
562
-72
97
269
182
203
223
34
93
Working Capital
66
199
740
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
3,346
LT Debt
47
405
889
1,532
2,693
1,694
2,231
2,169
2,428
2,273
1,499
1,266
1,319
999
697
-7
53
Total Equity
- -
3.79
7.38
4.47
- -
- -
-0.06
- -
- -
- -
- -
- -
7.16
- -
- -
- -
- -
Return on Invested Capital (%)
- -
4.06
7.02
4.34
- -
- -
5.64
- -
- -
- -
- -
- -
6.73
- -
- -
- -
- -
Return on Capital (%)
- -
3.48
6.99
2.78
-0.46
-12.97
5.53
-6.09
11.12
-25.62
-40.36
-21.56
-5.74
-24.8
-9.52
- -
-108.93
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
42
45
48
LT Borrowings
2,924
3,223
3,264
LT Finance Leases
89
82
81
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
124
124
125
Market Capitalization
1,241
1,527
1,988

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
721
774
738
Cash, Cash Equivalents & STI
6
9
5
Accounts Receivable, Net
598
661
639
Inventories
79
67
68
Total Current Liabilities
647
739
645
Payables & Accruals
545
573
542
ST Debt
42
45
48
Deferred Revenue
14
15
18

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
2025
759
756
982
-820
3,469
2026
622
675
910
950
3,156
2027
990
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.14
-0.21
-0.12
- -
-0.6
2026
0.04
0.02
0.1
- -
-3.19
2027
0.49
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.65
0.21
0.23
- -
2.31
2026
0.24
0.21
0.21
- -
0.89
2027
0.15
- -
- -
- -
- -
Business
NGL Energy Partners LP (NYSE: NGL) is a diversified midstream master limited partnership that owns and operates a fully integrated network providing transportation, storage, blending, and marketing services for crude oil, natural gas liquids (NGLs), refined products and renewables, and produced water solutions to producers, refiners, and end-users throughout the United States and Canada. The company conducts its operations through three primary business segments: Water Solutions, which encompasses the transportation, treatment, recycling, disposal, and management of produced and flowback water via large-diameter pipelines, disposal wells, and treatment facilities, achieving record volumes of approximately 2.73 million barrels per day processed in its fiscal fourth quarter ended March 31, 2025; Crude Oil Logistics, which aggregates and transports crude oil from wellheads to refineries, storage terminals, rail facilities, and other trading points; and Liquids Logistics, which supplies NGLs such as propane and butane, refined petroleum products, and biodiesel to retailers, wholesalers, refiners, petrochemical plants, and commercial customers via terminals, railcars, and underground storage. Founded in 2010 and headquartered in Tulsa, Oklahoma, with additional offices in Denver, Colorado, NGL maintains an asset base concentrated in key producing regions including the Permian Basin, Mid-Continent, and Gulf Coast, supported by subsidiaries such as NGL Water Solutions Permian LLC and TransMontaigne Product Services LLC. In recent strategic developments during fiscal 2025, NGL executed multiple non-core asset sales generating approximately $270 million in proceeds, including 17 natural gas liquids terminals, its wholesale propane business, the refined products Rack Marketing business, ownership in Limestone Ranch within Water Solutions, the Green Bay terminal, and its remaining crude railcar fleet, utilizing these funds to repay asset-based lending borrowings, repurchase Class D preferred units, and reduce overall indebtedness while enhancing focus on high-margin water solutions that delivered record Adjusted EBITDA contributions. The company also advanced environmental initiatives through a public-private partnership with the State of New Mexico to acquire approximately 10,000 acres of Lesser Prairie Chicken habitat, including the Pipkin Ranch, and commenced operations of the LEX II water pipeline to support growing disposal volumes. These moves reflect NGL's disciplined strategy of organic growth, accretive acquisitions, and portfolio optimization to deliver stable cash flows amid evolving midstream dynamics.

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