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.

15.20 0.39 +2.63%
Market cap
$1.9B
P/E
0.0×
Fwd P/E
18.6×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
−3.15
Dividend safety
25/100

Insider Decisions trades per month

Total buys 5.75
Total sells 5.10
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — 4 — —
Sell — — — — — — — — — 1 — —
Insider Ownership 20.02%

Capital & Financial Ratios $m

Market Cap 1,850.00
Revenue 3,524.00
Net Income (128.73)
Free Cash Flow 101.88
Net Debt 3,270.60
Current Ratio 1.14
Debt/Equity (13.85) (negative: negative equity)
P/E ratio 0.00
Fwd P/E 18.60
P/S ratio 0.54
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 143.26% (at or above 15%: strong)
Next Y EPS Growth 29.71% (at or above 15%: strong)
Next Y revenue growth 5.19%
Next 5Y EPS Growth 4.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 95.50%
10-year low 10-year high
EV/Sales against its own 10 years 90.90%
10-year low 10-year high
EV/FCF against its own 10 years 60.58%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2020 0.89
0.39
0.20
0.20
0.10
2019 1.56
0.39
0.39
0.39
0.39
2018 1.56
0.39
0.39
0.39
0.39
2017 2.24
0.39
0.39
0.39
0.68
0.39
2016 1.81
0.64
0.39
0.39
0.39
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 39 6 9 5
Receivables 719 580 661 639
Inventory 107 70 67 68
Other 72 175 — —
1,181 962 774 738
2024 2025 2026 Q'26
Payables 639 462 495 450
ST’ Debt 7 9 11 11
Other 19 52 15 18
977 739 739 645

Compound Annual Growth %

10y 5y 3y
Sales (12.31%) (9.60%) (17.78%)
Cash Flow 0.40% 3.78% (6.32%)
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Jun Sep Dec Mar Year
’26 990 — — — —
’26 622 675 910 950 3,156
’25 759 756 982 971 3,469
’24 1,616 1,841 1,870 — 4,153
’23 2,497 2,009 2,139 (967) 5,679
’22 1,489 1,754 2,172 2,533 7,948
’21 844 1,168 1,462 1,752 5,227
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 77 — — — —
’26 33 40 182 110 366
’25 (18) 7 154 155 297
’24 55 76 93 152 376
’23 2 (34) 239 238 445
’22 (5) (3) 35 179 206
’21 80 63 42 118 304
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 (32) — — — —
’26 11 10 46 78 145
’25 (78) (83) 95 117 52
’24 19 31 53 120 224
’23 (39) (87) 210 213 297
’22 (52) (34) 5 144 63
’21 (17) 29 23 83 117
Fiscal quarters ending in the months shown.

EPS $

Jun Sep Dec Mar Year
’26 0.48 — — — —
’26 0.04 0.02 0.10 (3.44) (3.19)
’25 (0.14) (0.21) (0.12) (0.12) (0.60)
’24 (0.11) (0.05) 0.08 (2.05) (2.14)
’23 (0.04) (0.21) 0.19 (0.51) (0.56)
’22 (1.23) (0.21) (0.35) (0.43) (2.22)
’21 (0.44) (0.14) (3.13) (1.96) (5.68)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 8.57 8.71 9.23 1.15 1.38 1.00 1.14 3.84 2.64 8.62

Analyst estimates 2027–2029

Powerpack
High 25.80 17.65 15.71 12.08 4.09 2.80 5.68 6.20 10.29 19.06
People
People Employees 2,700 2,400 1,300 1,400 1,400 842 638 607 569 449
Revenue/emp, $m 4.71 2.90 6.68 5.42 3.73 9.44 8.90 6.84 6.10 7.03
Income, $m
Income, $m Revenue 12,707 6,954 8,689 7,584 5,227 7,948 5,679 4,153 3,469 3,156
Gross margin, % 3.77 9.93 8.13 12.92 14.03 10.17 17.43 23.30 27.73 30.86
EBT 97 (21) (78) (180) (641) (183) 9 (156) 60 (179)
EBT margin, % 0.76 (0.30) (0.90) (2.38) (12.26) (2.30) 0.16 (3.76) 1.73 (5.66)
Net income 144 (70) 339 (399) (639) (184) 52 (143) 43 (139)
Depreciation 195 220 222 277 331 306 290 282 267 269
Per share, $
Per share, $ Revenue 117.56 57.47 70.63 59.52 40.53 61.21 43.35 31.43 26.24 24.85
Earnings 0.99 (1.08) 2.01 (4.59) (5.68) (2.22) (0.56) (2.14) (0.60) (3.19)
Cash flow (0.23) 1.14 2.74 3.64 2.36 1.59 3.40 2.85 2.25 2.88
Capex (3.19) (1.11) (3.70) (4.36) (1.45) (1.10) (1.13) (1.15) (1.86) (1.74)
Free cash flow (3.42) 0.03 (0.96) (0.72) 0.91 0.49 2.27 1.69 0.39 1.14
Book value 20.05 17.24 18.52 13.62 7.35 5.50 5.86 3.39 1.10 (2.33)
Shares, m 108 121 123 127 129 130 131 132 132 127
Valuation, ×
Valuation, × P/E 22.16 0.00 7.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 0.19 0.08 0.11 0.04 0.05 0.04 0.07 0.18 0.17 0.50
P/B 1.13 0.69 0.84 0.24 0.44 0.79 0.91 7.69 0.00 0.00
EV/Sales 0.43 0.23 0.25 0.46 0.68 0.46 0.62 0.86 1.03 1.52
EV/FCF (14.66) 939.10 (32.88) (37.76) 30.54 57.29 11.89 15.98 69.03 33.12
Cash, $m
Cash, $m Operating cash flow (25) 138 337 464 304 206 445 376 297 366
Capex (345) (134) (456) (556) (187) (142) (148) (152) (246) (221)
Free cash flow (370) 4 (118) (92) 117 63 297 224 52 145
Balance, $m
Balance, $m Working capital 546 1,165 562 (72) 97 269 182 203 223 34
Total debt 2,993 2,680 2,161 3,150 3,321 3,353 2,858 2,851 2,971 3,235
Net debt 2,981 2,658 2,142 3,127 3,316 3,349 2,852 2,812 2,965 3,226
Shareholders’ equity 2,167 2,086 2,278 1,736 948 714 767 448 146 (297)
Returns, %
Returns, % ROA 1.80 (2.10) 4.11 (9.44) (11.77) (4.80) (1.27) (5.40) (1.64) (9.23)
ROIC 2.50 2.47 1.79 (0.04) (5.73) 1.28 4.21 3.10 6.62 2.02
ROE 5.53 (6.47) 12.52 (33.81) (73.72) (59.76) (18.65) (109.15) 153.50 95.71
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 1 Oct 2026

Charts ten years each

NGL Energy Partners LP vs peers in Oil & Gas Midstream (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LPG Dorian LPG Ltd. $2.3B 7.1× 5.8× +123.11% (above 0%: growing) +1,254.17% (above 0%: growing) +5,051.19% (above 0%: growing) 89.05% 75.93% Compare
NGL NGL Energy Partners LP $1.9B — (loss-making) 18.6× +59.12% (above 0%: growing) +1,100.00% (above 0%: growing) −386.50% (below 0%: shrinking) 30.87% 14.68%
GEL Genesis Energy, L.P. $1.7B 74.9× 261× +40.98% (above 0%: growing) n/m +2,417.50% (above 0%: growing) 32.06% 19.82% Compare
GLP Global Partners LP $1.7B 10.1× 10.4× +46.79% (above 0%: growing) +240.00% (above 0%: growing) +36.41% (above 0%: growing) 4.84% 1.58% Compare
NAT Nordic American Tankers Limited $1.7B 13.0× 8.6× +133.96% (above 0%: growing) n/m +197.49% (above 0%: growing) 83.25% 82.06% Compare
PBT Permian Basin Royalty Trust $1.6B 94.7× 21.9× +34.59% (above 0%: growing) +60.00% (above 0%: growing) — 100.00% 92.68% Compare
FLNG Flex LNG Ltd. $1.5B 14.8× 14.3× +24.21% (above 0%: growing) +151.52% (above 0%: growing) +185.57% (above 0%: growing) 76.00% 55.68% Compare
TEN Tsakos Energy Navigation Ltd $1.5B 5.2× 8.0× +54.37% (above 0%: growing) +556.72% (above 0%: growing) +185.92% (above 0%: growing) 62.31% 54.53% Compare
NVGS Navigator Holdings Ltd. $1.3B 9.7× 7.8× +29.55% (above 0%: growing) +177.42% (above 0%: growing) +9.98% (above 0%: growing) 55.10% 28.48% Compare
Median of peers $1.6B 11.5× 9.5× +43.88% +208.71% +185.92% 69.16% 55.11%

All 58 Oil & Gas Midstream stocks →

NGL Energy Partners LP (NGL) key facts

  • NGL Energy Partners LP (NGL) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, NGL traded at $15.20, a market capitalization of $1.9 billion.
  • Return on equity was 95.7% and debt-to-equity -13.85.
  • Its Piotroski F-score is 4 out of 9 for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 1, 2026.

NGL Energy Partners LP (NGL) Latest News

stockrow.com/NGL · Data as of Oct 1, 2026 · For information only; not investment advice. · © 2026 stockrow.com