$16.02
-1.6%NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water. The Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and transportation services through pipelines. The Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 24 terminals, third-party storage and terminal facilities, and nine common carrier pipelines, as well as through fleet of leased railcars. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Neutral working capital impact. Changes in current assets and liabilities balanced out.
Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.
NGL โข NYSE
| NGL Energy Partners LP Cash Flow Statement | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||
-139.2M | 43.2M | 43.2M | 52.5M | -184.1M | -639.2M | -398.8M | 339.4M | -69.6M | 143.9M | -187.1M | 29.9M | 48.8M | 48.2M | 7.9M | -2.6M | 8M | 4.9M | |
268.7M | 267.2M | 267.2M | 290.9M | 306.2M | 331.2M | 276.8M | 221.7M | 225.7M | 237.8M | 249.2M | 210.5M | 132.7M | 77.5M | 17.2M | 1.8M | 3.8M | 3.3M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 587.6M | 0.0 | 216.2M | 225.4M | -155M | 195.9M | -174M | 47.5M | 11.6M | 324K | -1.4M | 2.2M | 3.2M | |
11.2M | 0.0 | 0.0 | 2.7M | -1.1M | 6.7M | 26.5M | 41.4M | 35.2M | 53.1M | 51.6M | 32.8M | 14.1M | 8.7M | 0.0 | 0.0 | 0.0 | 97K | |
209.5M | 96.5M | 96.5M | 100.9M | 221.3M | 7.2M | 519.8M | -405M | -156.8M | -21.2M | -82.7M | 127K | 312K | 375K | 79K | -28.6M | -4M | 5.2M | |
(0.0) | (6.2M) | (6.2M) | (3.4M) | (2.5M) | (2.6M) | (4.9M) | (2.4M) | (1.8M) | (2M) | (2.3M) | (22.8M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
0.0 | -109.5M | -109.5M | -1.8M | -136.5M | 10.5M | 39.7M | -76.4M | -122M | -285.4M | 124.6M | 163.1M | -158.1M | -14.2M | 69.9M | -63.1M | -1.6M | 5.9M | |
350.3M | 297.5M | 297.5M | 445.2M | 205.8M | 304M | 464.1M | 337.3M | 138M | -26.8M | 351.5M | 262.4M | 85.2M | 132.2M | 90.3M | -30.7M | 7.5M | 22.5M | |
INVESTING ACTIVITIES | ||||||||||||||||||
-221.3M | -245.8M | -245.8M | -147.8M | -142.4M | -186.8M | -555.7M | -455.6M | -133.8M | -363.9M | -661.9M | -24.2M | -165.1M | -72.5M | -7.5M | (0.0) | -582K | -577K | |
(0.0) | (72.1M) | (72.1M) | (111.5M) | (63.1M) | -62K | -1.3B | (34.8M) | (282M) | (9.4M) | (97.1M) | -1.3B | -1.3B | -490.4M | -297.4M | -123K | -3.1M | -3.5M | |
(0.0) | -246K | -246K | -88K | -152.1M | -80.4M | (0.0) | -1.9M | -100.4M | -37.4M | -31M | (10.8M) | -36M | (0.0) | (1.2M) | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 54.4M | 0.0 | 186.8M | 86.7M | 10.3M | 199.7M | 9.7M | 105.7M | 199.2M | 0.0 | 11.6M | 6.5M | 0.0 | 0.0 | 0.0 | |
204.8M | 51.1M | 51.1M | 46.1M | 18.9M | -141.1M | 319.9M | 865.8M | 23.1M | 19.1M | -648M | -247.5M | -139.1M | -67.4M | 346K | 456K | 862K | 828K | |
-16.5M | -122.8M | -122.8M | (64.2M) | -212.4M | -221.5M | -1.4B | (453.5M) | (270.6M) | -363.1M | -445.3M | -1.4B | -1.5B | -546.2M | -296.9M | (333K) | -2.8M | -3.3M | |
FINANCING ACTIVITIES | ||||||||||||||||||
0.0 | -2.1M | -2.1M | -99K | -90K | -182K | 355.6M | -297K | -15.8M | 287.1M | -17.7M | 541.1M | 650.2M | -642K | 71.3M | -1.6M | 0.0 | 0.0 | |
0.0 | 113.6M | 113.6M | -500.6M | 21.4M | 207.1M | 997.9M | -537.6M | -332.6M | 99.2M | 474.2M | 877.8M | 886.6M | 489.1M | 147.7M | 46.5M | -702K | -6.8M | |
(0.0) | -305.3M | -305.3M | (0.0) | (0.0) | -142.1M | -244.4M | -236.6M | -225.1M | -181.3M | -322M | -242.6M | -145.9M | -71.7M | -19.1M | -7M | -132K | -189K | |
(0.0) | -2.1M | -2.1M | -99K | -90K | -182K | -266.8M | -297K | -15.8M | (0.0) | -17.7M | (0.0) | (0.0) | -642K | -3.4M | -3M | (0.0) | (0.0) | |
-346.6M | -14.1M | -14.1M | -7.1M | -15.8M | -165.1M | -130.3M | -19.7M | -23.6M | -68.3M | -53.9M | -42.5M | -168.5M | -939K | -2.4M | 9.1M | 0.0 | -150K | |
-346.6M | -207.9M | -207.9M | -507.8M | 5.6M | -100.4M | 978.8M | -794.2M | -394.3M | 371.5M | 80.7M | 1.1B | 1.4B | 417.7M | 198.1M | 10.2M | -834K | -7.1M | |
CASH FLOW SUMMARY | ||||||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -325K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -542K | 373K | |
2.9M | -33.3M | -33.3M | 1.6M | -1M | -17.9M | 4.1M | -3.5M | 14.3M | -15.9M | -13.1M | 30.9M | -1.1M | 3.7M | -8.5M | -20.3M | 3.3M | 12.4M | |
5.6M | 38.9M | 38.9M | 3.8M | 4.8M | 22.7M | 18.6M | 22.1M | 7.8M | 28.2M | 41.3M | 10.4M | 11.6M | 7.8M | 16.3M | 24.2M | 21M | 8.5M | |
8.5M | 5.6M | 5.6M | 5.4M | 3.8M | 4.8M | 22.7M | 18.6M | 22.1M | 12.3M | 28.2M | 41.3M | 10.4M | 11.6M | 7.8M | 4M | 24.2M | 21M | |
129M | 51.6M | 51.6M | 297.4M | 63.5M | 117.2M | -91.7M | -118.3M | 4.2M | -390.7M | -310.4M | 238.2M | -79.9M | 59.8M | 82.8M | -30.7M | 6.9M | 21.9M |
NGL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-K 10-K 2026 FY FY | May 28, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 09, 2026 | February 09, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | February 03, 2026 | December 31, 2025 | 2025 | |
DEF 14A DEF 14A 2025 N/A | December 29, 2025 | December 29, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 07, 2025 | June 30, 2025 | 2025 | |
10-K 10-K 2025 FY FY | May 29, 2025 | March 31, 2025 | 2025 | |
10-Q 10-Q 2024 Q4 Q4 | February 10, 2025 | December 31, 2024 | 2024 | |
10-Q 10-Q 2024 Q3 Q3 | November 12, 2024 | September 30, 2024 | 2024 |
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