NGL Energy Partners LP (NGL)
NGL Energy Partners LP brought in $3.8B of revenue over the twelve months to September 30, 2026, up 18.0% from a year earlier. It posted a net loss of $206M. Operating cash flow minus capital spending left $144.7M of free cash flow in fiscal 2026. At September 30, 2026 it held $7.6M in cash against $3.3B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about NGL Energy Partners LP
- Net worth
- NGL Energy Partners LP has a market value (market cap) of $2B at the latest share price. A company's "net worth" usually means this market value or the shareholders' equity on its balance sheet.
- Revenue and profit
- In fiscal 2026 revenue was $3.2B (-9.0% year on year), with a net loss of $142.3M. Over the 12 months to September 30, 2026: revenue $3.8B, net loss $206M.
- Cash flow
- In fiscal 2026 operations brought in $366M of cash; after $221.3M of capital spending, free cash flow was $144.7M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- NGL Energy Partners LP's next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What NGL Energy Partners LP does
NGL Energy Partners LP is registered with the SEC under industry code SIC 4922 (Natural Gas Transmission). Its shares trade on NYSE under the ticker NGL.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $3.2B | -$142.3M | n/a | $144.7M |
| 2025 | $3.5B | $39.4M | n/a | $51.6M |
| 2024 | $4.2B | -$143.8M | n/a | $223.9M |
| 2023 | $5.7B | $51.4M | n/a | $297.4M |
| 2022 | $7.9B | -$184.8M | n/a | $63.5M |
| 2021 | $5.2B | -$639.8M | n/a | $117.2M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where NGL ranks in Utilities
Latest SEC filings
What NGL Energy Partners LP has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 46% to $986.6M versus the same quarter last year; net loss of $44.3M versus net income of $29.3M.
- August 4, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 59% to $990M versus the same quarter last year; net income rose 14% to $78.7M.
- May 28, 2026Annual report 10-K · period to March 31, 2026Revenue fell 9% to $3.2B versus the prior year; net loss of $142.3M versus net income of $39.4M.
- April 27, 2026Passive stake changed SCHEDULE 13G/A
- March 12, 2026
- February 10, 2026
- February 9, 2026
- February 3, 2026Quarterly report 10-Q · period to December 31, 2025Revenue fell 7.4% to $909.8M versus the same quarter last year; net income rose 249% to $47.2M.
- December 29, 2025Proxy statement DEF 14A
- December 19, 2025Preliminary proxy statement PRE 14A
Insider trades
What the people running NGL Energy Partners LP did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $5.8M and sold $5.1M worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 27, 2026 | Collingsworth James MDirector | Bought | 2,289 | $38.9K |
| August 26, 2026 | Collingsworth James MDirector | Bought | 200 | $3.4K |
| August 25, 2026 | Raymond John TDirector | Bought | 300,000 | $5.1M |
| August 25, 2026 | Collingsworth James MDirector | Bought | 10,808 | $181.8K |
| August 25, 2026 | Krimbill H MichaelChief Executive Officer, Director | Sold | 300,000 | $5.1M |
| August 24, 2026 | Raymond John TDirector | Bought | 25,500 | $413.7K |
| August 21, 2026 | Raymond John TDirector | Bought | 1,126 | $18.3K |
| July 15, 2026 | Collingsworth James MDirector | Received as pay | 24,000 | - |
Who owns NGL
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 87 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Invesco Ltd. | 19,567,103 | -7,472 |
| Morgan Stanley | 10,180,003 | +386,178 |
| Goldman Sachs Group Inc | 8,540,825 | +419,670 |
| Bank of America Corp | 7,970,709 | -304,327 |
| Tpg GP A, LLC | 5,784,322 | -150,171 |
| Ing Groep NV | 5,421,803 | +110,000 |
| Citigroup Inc | 4,304,817 | +1,267,528 |
| Jpmorgan Chase & Co | 2,833,024 | -269,685 |
| Nomura Holdings Inc | 2,500,760 | +296,504 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,400,528 | +1,400,428 |
| Prescott Group Capital Management, L.L.C. | 1,030,638 | 0 |
| Fractal Investments LLC | 832,479 | 0 |
| Bnp Paribas Financial Markets | 598,569 | -14,957 |
| Barclays PLC | 459,659 | +459,617 |
| HighTower Advisors, LLC | 273,290 | -1,990 |
| Mariner, LLC | 259,743 | +741 |
| Cetera Investment Advisers | 250,269 | +220 |
| Alps Advisors Inc | 247,797 | +11,823 |
| Brown Advisory Inc | 225,000 | 0 |
| Citadel Advisors LLC | 193,545 | +156,277 |
Insiders
7 insiders reported holding 5,814,842 shares in total, about $91.6M at the last price.
| Holder | Shares |
|---|---|
| Krimbill H MichaelChief Executive Officer, Director | 3,378,615 |
| Cooper Bradley PCFO & EVP | 800,000 |
| Collingsworth James MDirector | 766,797 |
| Raymond John TDirector | 376,626 |
| Coady Shawn WDirector | 196,304 |
| Reiners Derek SDirector | 150,000 |
| Guderian Bryan KDirector | 146,500 |
Questions about NGL
What does NGL Energy Partners LP do?
NGL Energy Partners LP is a company in the Utilities sector, listed on NYSE as NGL. Its shares trade on NYSE under the ticker NGL.
What is NGL Energy Partners LP's net worth?
NGL Energy Partners LP has a market value (market cap) of $2B at the latest share price. A company's "net worth" usually means this market value or the shareholders' equity on its balance sheet.
Is NGL Energy Partners LP profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $206M on revenue of $3.8B.
How much revenue does NGL Energy Partners LP make?
Over the twelve months to September 30, 2026 NGL Energy Partners LP reported revenue of $3.8B. That is 18.0% more than a year earlier.
When did NGL Energy Partners LP last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is NGL Energy Partners LP's next earnings report?
NGL Energy Partners LP's next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values NGL Energy Partners LP tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.