NGL Energy Partners LP (NGL.PB) revenue by segment
NGL.PBNYSENatural Gas TransmissionFiscal year ends March 31Also trades as NGL, NGL.PC
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 3/3014% above fair value
$23.74−1.34 (-5.34%)
Close on Oct 30, 2026Market cap $2.96BP/E –Yield –
NGL Energy Partners LP revenue by segment
By business segment
| Revenue | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liquids Logistics | $1.26B | $1.83B | $1.77B | $2.52B | $4.90B | $3.13B | $4.61B | $5.25B | – | – | 40.0% | -31.2% |
| Crude Oil Logistics | $1.05B | $879.90M | $1.66B | $2.47B | $2.51B | $1.72B | $2.55B | $3.14B | $2.26B | $1.67B | 33.4% | +19.9% |
| Water Solutions | $838.91M | $755.69M | $730.82M | $697.04M | $544.87M | $370.99M | $422.06M | $301.69M | $229.14M | $159.60M | 26.6% | +11.0% |
| Corporate and other | – | – | – | $0 | $0 | $1.26M | $1.04M | $1.36M | $1.17M | $844.00K | – | – |
| Liquids and refined products | – | – | – | – | – | – | $4.61B | $5.25B | $4.46B | – | – | – |
| Liquids | – | – | – | – | – | – | – | $2.42B | $2.22B | $1.54B | – | – |
| Refined products and renewables | – | – | – | – | – | – | – | $18.16B | $12.20B | $9.34B | – | – |
| Retail propane | – | – | – | – | – | – | – | – | $521.39M | $413.11M | – | – |
| Operating income | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Liquids Logistics | – | – | $2.48M | $66.62M | -$8.44M | $70.44M | $142.41M | $9.29M | – | – | – |
| Crude Oil Logistics | – | – | $52.07M | $81.52M | $45.03M | -$304.33M | $117.77M | -$7.38M | $122.90M | -$17.48M | – |
| Water Solutions | – | – | $231.26M | $198.92M | $94.85M | -$92.72M | -$173.06M | $210.53M | -$24.23M | $44.59M | – |
| Liquids and refined products | – | – | – | – | – | – | $142.41M | $9.29M | $168.14M | – | – |
| Liquids | – | – | – | – | – | – | – | -$2.91M | -$93.11M | $43.25M | – |
| Refined products and renewables | – | – | – | – | – | – | – | $27.46M | $56.74M | $222.55M | – |
| Retail propane | – | – | – | – | – | – | – | – | $155.55M | $49.26M | – |
By product or service
| Revenue | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $2.40B | $2.74B | $3.47B | $5.01B | – | – | – | – | – | – | 75.9% | -12.6% |
| Service | $759.97M | $726.23M | $685.38M | $670.02M | – | – | – | – | – | – | 24.1% | +4.6% |
By region
From the segment and revenue-disaggregation notes of NGL Energy Partners LP's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.
Operating metrics
| States of operation | FY2018 | FY2017 | YoY |
|---|---|---|---|
| Retail propane | 21 | 30 | -30.0% |
Counts and sizes NGL Energy Partners LP tags in the notes of its 10-K and 10-Q filings (XBRL), as of the end of each period. Breakdowns follow the company's own labels; at most 15 are shown per metric.