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NGL Energy Partners NGL Crude oil sales — Topic 606 revenues, excluding assessed tax

Other product segments

Other product sales
$360.21M-12.5%
Disposal service fees
$177.44M+3.2%
Propane
$148.98M-57.2%
Butane sales
$147.5M-8.4%
Crude oil transportation and other
$8.13M-49.9%
Sale of water
$2.65M-16.5%
Other revenues
$2.17M+83.3%

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$3.8B+15.6%
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$306M+19.5%

Other financials

Income statement

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Revenue$949.5M-2.2%
Gross profit$217.3M-17.0%
Operating income$109.7M+29.5%
Net income-$287.7M-2,196%
EPS (diluted)-$0.54

Balance sheet

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Cash & equivalents$8.5M+50.6%
Total debt$3.4B+8.9%
Total equity$119.5M-26.5%
Total assets$4.2B-9.4%

Cash flow

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Operating cash flow$110.0M-29.0%
CapEx$31.6M-16.4%
Free cash flow$78.4M-33.1%

Valuation

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Market cap$2.17B+305%
Enterprise value$5.51B+56.1%
P/S0.7×+0.5×

Profitability

See full
Gross margin30.9%+3.1pp
Operating margin12%
Net margin-4.5%-5.6pp
FCF margin4.6%+3.1pp

Returns & leverage

See full
Return on equity112.8%+89.0pp
Debt / equity25.6×+5.9×
Current ratio-0.3×

Where this comes from

Reported directly by NGL Energy Partners in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: NGL Energy Partners’s 10-K, filed May 28, 2026.

Filed
May 28, 2026, 4:25 PM EDT
Fiscal year
FY2026
Accession
0001504461-26-000012
Line itemYear Ended March 31, 2026Year Ended March 31, 2025Year Ended March 31, 2024
Revenues:
Water Solutions:
Topic 606 revenues
Disposal service fees$714,686$637,098$598,046
Sale of recovered crude oil114,617109,008107,367
Sale of water7,2887,62511,594
Other service revenues2,2111,89613,030
Non-Topic 606 revenues11260781

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's crude oil sales — topic 606 revenues, excluding assessed tax?
NGL Energy Partners (NGL) reported crude oil sales — topic 606 revenues, excluding assessed tax of $375.97M in Q1 2026.
How has NGL Energy Partners's crude oil sales — topic 606 revenues, excluding assessed tax changed year-over-year?
NGL Energy Partners's crude oil sales — topic 606 revenues, excluding assessed tax increased by 119.0% year-over-year, from $171.66M to $375.97M.
What is the long-term trend for NGL Energy Partners's crude oil sales — topic 606 revenues, excluding assessed tax?
Over 4 years (2022 to 2026), NGL Energy Partners's crude oil sales — topic 606 revenues, excluding assessed tax has grown at a -17.9% compound annual growth rate (CAGR), from $2.5B to $1.13B.
What does crude oil sales — topic 606 revenues, excluding assessed tax mean?
This metric measures the total revenue generated from the sale of crude oil products, adjusted to exclude assessed taxes and comply with standard revenue recognition accounting principles. It serves as the primary indicator of the segment's top-line performance and market demand for the company's crude oil offerings. Tracking this revenue stream allows for the assessment of growth trends and the impact of commodity price volatility on the core business.

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