Skip to content
MARKETS / NYSE / NGL
NYSE · NATURAL GAS TRANSMISSION · MID CAP

NGL Energy Partners LP NGL

15 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.2B
▼ 9.0% YoY
$-142.3M
▼ 461.4% YoY
$144.7M
▲ 180.1% YoY
In brief

What this company does

NGL Energy Partners LP transports, treats, recycles and disposes of produced and flowback water; purchases crude oil from producers and marketers and transports it to refineries or for resale; and conducts supply operations for natural gas liquids to commercial, retail and industrial customers across the United States and Canada. At March 31, 2026, it had 449 employees in 14 states and Canada. Its Water Solutions segment operates a system in the Northern Delaware Basin with approximately 840 miles of large diameter produced water pipelines connected to 59 active saltwater disposal facilities and 141 active disposal wells. Its Crude Oil Logistics segment includes the Grand Mesa Pipeline, a 550-mile pipeline that transports crude oil from its origin in Weld County, Colorado to its terminal in Cushing, Oklahoma. Its Liquids Logistics operations are conducted through five owned terminals, third-party storage and terminal facilities, access to nine common carrier pipelines and a fleet of leased railcars. NGL Energy Partners LP was originally formed in September 2010 as a Delaware master limited partnership.

Written from the business description in NGL Energy Partners LP's annual report to the U.S. Securities and Exchange Commission, filed 28 May 2026. Every sentence was checked against that document before publication.

Growth
USD 3.2B
Revenue, FY2025 · full 15-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.2 · Net income -0.1
8B16B20112013201520172019202120232025
Compound annual growth
−17.8%
−9.6%
−12.3%
+683.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −9.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−4 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 3.0% · Net -4.4%
5%-5%-10%20112013201520172019202120232025
ROE

Not available in our data for this period.

Cash & shareholders
USD 47.6M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 144.7
100M200M-200M20112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 47.6
20M40M2022202320242025

USD 47.6M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 4.2B
CashUSD 8.5M
Gross debtUSD 3.2B
Net debtUSD 3.2B
Current ratio1.05×

Not available: we don't have the shareholders' equity figure for this period.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011
Revenue $B3.23.54.25.77.95.27.68.77.012.711.716.89.74.41.3
Operating income $B0.10.30.20.20.1−0.4−0.00.10.20.2−0.10.10.10.10.0
EBITDA $B0.40.60.40.50.4−0.10.30.30.40.40.10.30.20.20.0
Income tax $B−0.0−0.00.00.00.0−0.00.00.00.00.0−0.0−0.00.00.00.0
Net income $B−0.10.0−0.10.1−0.2−0.6−0.40.4−0.10.1−0.20.00.0·0.0
Free cash flow $B0.10.10.20.30.10.1−0.1−0.10.0−0.4−0.30.0−0.3−0.2−0.1
EPS, diluted $··············0.32
Dividend / sh $···············
Payout %···············
ROE %···············

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 46 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 35 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityNatural Gas Transmission
Listed onNYSE
Incorporated inDelaware
Fiscal year endsMarch 31
Data on record since2011

Share this section

Download image