NGL Energy Partners

NGL Energy Partners LP is an energy partnership that transports, treats, recycles, and disposes of produced water generated as part of the energy production process. It also transports, stores, markets, and provides other logistics services for crude oil and liquid hydrocarbons. The firm operates through the following segments: Water Solutions, Crude Oil Logistics, Liquids Logistics, and Corporate & Other. The Water Solutions segment transports, treats, recycles, and disposes of produced and flow back water generated from oil and natural gas production. The Crude Oil Logistics segment purchases crude oil from producers and marketers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. The Liquids Logistics segment conducts supply operations for natural gas liquids, refined petroleum products and biodiesel to a range of commercial, retail and industrial customers across the United States and Canada. The Corporate & Other segment include corporate expenses that are not allocated to the reportable segments. The company was founded in 1940 and is headquartered in Tulsa, OK.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

NGL Energy Partners reports strong Q1 '24 performance and outlines deleveraging strategy for fiscal '24

NGL Energy Partners delivered strong financial results, showcasing successful deleveraging and positive performance in key segments. While facing challenges in meeting analyst expectations and maintaining growth, the company has opportunities to capitalize on underutilized assets and reduce debt further.

NGL Energy Partners reports record Water Solutions performance and debt reduction strategy

NGL Energy Partners delivered strong performance in their Water Solutions business, reaffirming full-year guidance and emphasizing debt reduction. While facing challenges related to seasonality and MVC deficiency payments, the company is well-positioned to capitalize on opportunities in refinancing and potential industry consolidation.

NGL Energy Partners reports strong Q3 results amidst debt reduction focus

NGL Energy Partners' Q3 fiscal '23 performance reflects strength in Water Solutions and a strategic focus on debt reduction and balance sheet improvement.
While facing challenges in the Grand Mesa pipeline and propane segment, the company remains resilient and proactive in addressing operational and financial hurdles.
Opportunities for growth and financial optimization through asset sales and ABL facility extension position NGL for continued progress and enhanced financial flexibility.

NGL Energy Partners excels in fiscal '23, eyes debt reduction

NGL Energy Partners had a transformative fiscal '23 with record EBITDA and debt reduction, leading to a credit rating upgrade.
Strong performance in Water Solutions business drove fiscal success, with plans for continued debt reduction in fiscal '24.
Challenges include performance variations in logistics segments and concerns raised by analysts on various operational aspects.
Opportunities lie in asset sales, working capital optimization, and potential credit rating upgrades as debt decreases.

NGL Energy Partners excels in Q1, eyes growth amid challenges

NGL Energy Partners delivered a strong Q1 performance with record EBITDA and debt reduction progress.
The company's focus on increasing EBITDA, reducing debt, and operational excellence is evident.
Opportunities in propane, butane, and water sectors position NGL for a promising fiscal year.
Challenges in debt management and industry dynamics require strategic attention for sustained growth.

NGL Energy Partners excels in Q2, focuses on debt reduction

NGL Energy Partners delivered a strong Q2 performance, driven by Water Solutions and robust liquids logistics business, with a focus on debt reduction and operational efficiency.
The company reaffirmed guidance, raised expectations for Water Solutions, and aims to enhance liquidity while maintaining strong margins and pursuing growth opportunities.
Challenges lie in managing debt, sustaining margins in a dynamic market, and optimizing operational efficiency, but NGL Energy Partners is well-positioned for growth and financial improvement.

NGL Energy Partners excels in Q3 2024 with strategic growth plans

NGL Energy Partners delivered a solid performance in Q3 2024, showcasing financial resilience and strategic initiatives. Despite challenges in certain segments, the company's refinancing efforts, improved credit ratings, and focus on growth opportunities position it well for future success.

NGL Energy Partners reports solid fiscal 2024 performance and outlines growth strategies for 2025

NGL Energy Partners navigated challenges in fiscal 2024, leveraging strengths in Water Solutions while addressing performance issues in other segments. The company's strategic focus on capital structure improvements and growth initiatives sets a positive trajectory for fiscal 2025. Opportunities for value creation through asset sales, capex management, and operational enhancements are key areas of focus.

NGL Energy Partners reports strong Q2 earnings amidst revised guidance

NGL Energy Partners delivered a solid performance in Q2 2025, driven by robust EBITDA figures across key segments and strategic financial maneuvers.
While facing challenges in meeting revised EBITDA guidance, the company's strengths in cost management and operational efficiency provide a foundation for growth.
Opportunities in asset optimization, volume growth, and strategic initiatives offer avenues for NGL Energy Partners to enhance performance and navigate market uncertainties.

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NGL Energy Partners LP is an energy partnership that transports, treats, recycles, and disposes of produced water generated as part of the energy production process. It operates through the following segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes of produced and flow back water generated from oil and natural gas production. The Crude Oil Logistics segment purchases crude oil from producers and marketers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. The Liquids Logistics segment conducts supply operations for natural gas liquids, refined petroleum products and biodiesel to a range of commercial, retail and industrial customers across the United States and Canada. The company was founded in 1940 and is headquartered in Tulsa, OK.

Piling up debt at a faster pace than EBITDA growth and the pandemic have negatively impacted NGL's stock price. If NGL revenues recover to pre-pandemic levels of 7-8 bn, EBITDA could be 600MM and Free Cash Flow of 100MM to 300MM.

NGL Energy Partners LP: Free Cash Flow Will Allow The Company To Delever In The Next 3 Years

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Appointment of New Chief Financial Officer

NGL Energy Partners LP Announces Appointment of New Chief Financial Officer

The midstream energy company isn't making a profit despite the strong rally in oil prices.

Why NGL Energy Partners Plunged 15% Today Despite Higher Oil Prices

NGL Energy Partners LP (NGL) CEO Mike Krimbill on Q1 2022 Results - Earnings Call Transcript

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces First Quarter Fiscal 2022 Financial Results

NGL Energy Partners LP Announces First Quarter Fiscal 2022 Financial Results

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TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Provides Update on Wastewater Recycling / Reuse Efforts in the Northern Delaware Basin

NGL Energy Partners LP Provides Update on Wastewater Recycling / Reuse Efforts in the Northern Delaware Basin

Post suspension of the common and preferred distributions, NGL Energy Partners preferreds have substantially outperformed the common oddly enough. No real reason for that in my opinion, particularly given there has not been much positive news flow for its operating base.

NGL Energy Partners: Preferred Looking Highly Overvalued

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP 2021 Open Season for Grand Mesa Pipeline Starting July 9, 2021

NGL Energy Partners LP Announces 2021 Open Season for Grand Mesa Pipeline Starting July 9, 2021

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NGL Energy Partners (NGL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

NGL Energy Partners (NGL): Strong Industry, Solid Earnings Estimate Revisions

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DALLAS, June 11, 2021 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® 30 MLP Index (the "Index") as part of normal index operations. After the markets close on June 18, 2021, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 21, 2021: Constituents added: Alliance Resource Partners, L.P.

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NGL Energy has recently concluded an already very challenging fiscal year that sadly saw a bad ending due to the Texas Winter Storm.

NGL Energy: A Bad End To An Already Terrible Year, But Minimal New Damage

The stock price of NGL Energy Partners LP (NYSE: NGL) decreased by 19.81% on June 4. This is why it happened.

NGL Stock Price: 19.81% Decrease Explanation

The energy infrastructure company reported earnings and investors weren't pleased.

Why NGL Energy Partners Plunged 20% at the Open Today

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2021 Financial Results

CORRECTING and REPLACING NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2021 Financial Results

NGL Energy Partners LP's (NGL) CEO Mike Krimbill on Q4 2021 Results - Earnings Call Transcript

NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2021 Financial Results

We had covered the common shares in our last piece on this company. Today we tackle the preferred shares and the accumulated distributions.

NGL Energy: It Is Going To Be A Long, Long Wait For The Preferred Payments

SAN FRANCISCO & THE WOODLANDS, Texas--(BUSINESS WIRE)--Golden Gate Capital, a leading private equity investment firm, today announced the formation of Stonehill Environmental Partners (“Stonehill” or “the company”), led by CEO Jay Parkinson, a long-time energy industry veteran and former Golden Gate Capital Operating Executive. With over $19 billion in cumulative committed capital, Golden Gate Capital is differentiated by its unique perpetual fund structure, enabling the firm to make long-term

Golden Gate Capital Launches Energy Infrastructure Platform, Stonehill Environmental Partners, and Acquires Waterfield Midstream Assets

NGL Energy Partners cut its distributions. The company has called this a temporary suspension.

NGL Energy Partners: A Look At The Recent Results

NGL Energy Partners LP (NGL) CEO Mike Krimbill on Q3 2021 Results - Earnings Call Transcript

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Third Quarter Fiscal 2021 Financial Results

NGL Energy Partners LP Announces Third Quarter Fiscal 2021 Financial Results

NGL has pretty good assets, but management has a track record of value destruction and the balance sheet is way overleveraged. Due to financial distress and the increasing challenges of accessing capital due to Mr. Market's growing ESG concerns, management was recently forced to suspend all common and preferred distributions.

News for NGL Energy Partners Stock (NGL)