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.

NGL Energy refinanced their large $2b of upcoming debt maturities and greatly helped ensure that they can remain a going concern. The downside on the other hand was that they were forced to completely suspended all distributions, even preferred distributions.

NGL Energy: An Unfavourable Setback But Distributions Can Return Soon

Without a distribution to its investors, there aren't many reasons to stick around.

Shares of NGL Energy Partners Crash on Refinancing Deal and Distribution Suspension

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TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Pricing of $2.05 Billion Offering of Senior Secured Notes

NGL Energy Partners LP Announces Pricing of $2.05 Billion Offering of Senior Secured Notes

The stock price of NGL Energy Partners LP (NYSE: NGL) increased by 20.31% on Thursday, January 21. This is why it happened.

NGL Stock Price Increased 20.31%: Why It Happened

It's been a busy few days for the midstream energy company.

Why NGL Energy Partners Rocketed 34% This Morning

NGL Energy Partners LP: Distribution Coverage May Get Shattered After New Offering

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces $2.05 Billion Offering of Senior Secured Notes

NGL Energy Partners LP Announces $2.05 Billion Offering of Senior Secured Notes

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners Announces Quarterly Class D Distribution

NGL Energy Partners Announces Quarterly Class D Distribution

The midstream company has settled a dispute, but with a deal that will cut into its earnings.

Why Units of NGL Energy Partners Are Tumbling Today

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Provides Financial Update

NGL Energy Partners LP Provides Financial Update

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TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP / Grand Mesa Pipeline Announce Settlement with Extraction Oil and Gas, Inc.

NGL Energy Partners LP / Grand Mesa Pipeline Announce Settlement with Extraction Oil and Gas, Inc.

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Quarterly Cash Distribution for Class B and Class C Preferred Units

NGL Energy Partners LP Announces Quarterly Cash Distribution for Class B and Class C Preferred Units

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TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP to Participate in the 2020 RBC Midstream Energy Virtual Conference

NGL Energy Partners LP to Participate in the 2020 RBC Midstream Energy Virtual Conference

NGL Energy Partners' (NGL) CEO Mike Krimbill on Q2 2021 Results - Earnings Call Transcript

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

NGL Energy Partners LP Announces Second Quarter Fiscal 2021 Financial Results

We had given NGL Energy Partners a 90% probability of cutting its distribution within 12 months. The company cut its distribution by 50% after recognizing it had limited options.

NGL Energy Partners: New Distribution Might Have To Go As Well

The midstream partnership provided investors with an update that was not well received. Here's what you need to know.

Why NGL Energy Partners Units Plunged 15% Today

The situation for NGL Energy Partners and their very high 20% distribution yield may appear quite worrying on the surface. Whilst risks exist, when digging deeper they are likely not as severe as many might fear.

NGL Energy Partners: The Situation Is Not As Bad As It Seems

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners Announces Quarterly Distributions; Provides Business Update and Schedules Earnings Call

NGL Energy Partners Announces Quarterly Distributions; Provides Business Update and Schedules Earnings Call

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News for NGL Energy Partners Stock (NGL)