NGL Energy Partners LP (NGL.PC) revenue by segment
NGL.PCNYSENatural Gas TransmissionFiscal year ends March 31Also trades as NGL, NGL.PB
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 3/3014% above fair value
$24.91−0.55 (-2.18%)
Close on Oct 30, 2026Market cap $3.11BP/E –Yield –
NGL Energy Partners LP revenue by segment
By business segment
| Revenue | Q1 27 | Q4 26 | Q3 26 | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Oil Logistics | $439.46M | $346.89M | $320.08M | $220.03M | $167.63M | $160.02M | $195.83M | $243.84M | $280.22M | $277.21M | $425.29M | $489.71M | 44.4% | +162.2% |
| Liquids Logistics | $296.02M | $383.47M | $380.99M | $244.65M | $253.09M | $605.80M | $599.32M | $330.77M | $297.72M | $1.18B | $1.27B | $1.15B | 29.9% | +17.0% |
| Water Solutions | $254.36M | $219.32M | $208.57M | $209.74M | $201.28M | $205.14M | $187.27M | $181.87M | $181.41M | $172.97M | $179.30M | $197.24M | 25.7% | +26.4% |
| Operating income | Q1 27 | Q4 26 | Q3 26 | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Oil Logistics | – | – | – | – | – | – | $10.02M | $14.84M | $14.09M | $3.28M | $17.01M | $14.78M | – |
| Liquids Logistics | – | – | – | – | – | – | $11.68M | -$1.13M | -$11.55M | -$51.38M | $22.45M | $23.58M | – |
| Water Solutions | – | – | – | – | – | – | $65.38M | $72.83M | $84.36M | $28.54M | $74.27M | $59.12M | – |
By product or service
| Revenue | Q1 27 | Q4 26 | Q3 26 | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $774.30M | $759.04M | $716.47M | $484.26M | $436.42M | $778.60M | $799.46M | $575.01M | $589.87M | – | – | – | 78.2% | +77.4% |
| Service | $215.69M | $190.47M | $193.34M | $190.42M | $185.74M | $192.47M | $182.95M | $181.46M | $169.36M | – | – | – | 21.8% | +16.1% |
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 | Q1 19 | Q3 18 | Q2 18 | Q1 18 | Q3 17 | Q2 17 | Q1 17 | YoY |
|---|---|---|---|---|---|---|---|---|
| Retail propane | 21 | 30 | 30 | 30 | 28 | 27 | 25 | -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.