NGL Energy Partners LP
NGL Energy Oil & Gas Midstream
In the quarter to June 2026, revenue grew 59.1%, EPS grew 1,100.0%, free cash flow fell 386.5% and total debt rose 13.8%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
Follow NGL
NGL Energy Partners LP (NGL) Dividend Safety Score
NGL Energy Partners LP's stockrow Dividend Safety Score is 25 out of 100, based on payout ratios, leverage, dividend streak and earnings stability for fiscal 2026.
Dividend Safety Score, annual
Embed this chart
Annual newest first
| Period | Dividend Safety Score | Change (points) |
|---|---|---|
| FY2026 | 25 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Payout of earnings earnings at or below zero | — | — | Fail | 0 |
| Payout of free cash flow | 4.55% | — | Pass | 25 |
| Net debt / EBITDA | 8.88 | — | Fail | 0 |
| Years without a dividend cut | 0 | — | Fail | 0 |
| Years of falling or negative earnings over the last 10 fiscal years | 8 | — | Fail | 0 |
| Dividend Safety Score | Weakly covered | 25 | ||
How the stockrow Dividend Safety Score works
Our own composite, out of 100, for the latest fiscal year: up to 25 points for how little of its earnings the dividend takes, 25 for how little of its free cash flow, 20 for net debt against EBITDA, 20 for the years it has paid without a cut and 10 for how steady earnings per share have been over ten years. How we calculate it.
| 80–100 | Well covered |
|---|---|
| 60–79 | Adequately covered |
| 40–59 | Stretched |
| below 40 | Weakly covered |
Not worked out for a company that pays no regular dividend, for banks and REITs, whose payouts and leverage these measures do not describe, or with fewer than five years of earnings.
Dividend Safety Score against peers
| Company | Dividend Safety Score |
|---|---|
| NVGS Navigator Holdings Ltd. compare | 70 |
| LPG Dorian LPG Ltd. compare | 40 |
| GLP Global Partners LP compare | 26 |
| NGL NGL Energy Partners LP | 25 |
| TEN Tsakos Energy Navigation Ltd compare | 22 |
| GEL Genesis Energy, L.P. compare | 12 |
| FLNG Flex LNG Ltd. compare | 8 |
| NAT Nordic American Tankers Limited compare | 2 |
| PBT Permian Basin Royalty Trust compare | — |
What Dividend Safety Score is
The stockrow Dividend Safety Score rates how well earnings and free cash flow cover the dividend, with leverage, the dividend’s record and stable earnings.
Up to 25 points for the payout of earnings, 25 for the payout of free cash flow, 20 for net debt ÷ EBITDA, 20 for the years without a dividend cut and 10 for stable earnings