NGL Energy Partners LP

NGL Energy Partners LP

NGLยทNYSE

$16.02

-1.6%
EnergyOil & Gas Midstream

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.

At a Glance

Live Snapshot
Market Cap$2.00B
EPS-1.1200
P/E Ratio-14.30
Earnings Date06/04/2026
3Y-21.0%
5Y+15.0%
10Y-1406.0%
3Y-126.0%
5Y-93.0%
10Y-95.0%
3Y-32.0%
5Y+245.0%
10Y-193.0%
NGL

NGL Energy Partners LP Cash Conversion Engine

NGL ยท NYSE
Net Income-139.16M
Depreciation & Amortization268.73M
Stock-Based Compensation11.21M
Change in Working Capital0.00
Others209.55M
Capital Expenditures-221.28M
Free Cash Flow129.04M

Cash Flow Quality Analysis

FCF Conversion Rate

-92.7%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

63.2%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

+149.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$0.00

Neutral working capital impact. Changes in current assets and liabilities balanced out.

Cash Flow Quality Insight

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 Energy Partners LP Cash Flow Statement

NGL โ€ข NYSE

NGL Energy Partners LP Cash Flow StatementMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010Mar 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

SEC Filings

NGL - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 277 filings