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NGL Energy Partners NGL Liquids Logistics — Accounts Payable

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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$2.11B+244%
Enterprise value$5.46B+51.1%
P/S0.7×+0.5×

Profitability

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

Returns & leverage

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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:DisposalGroupIncludingDiscontinuedOperationAccountsPayableCurrent.

The source filing: NGL Energy Partners’s 10-Q, filed February 3, 2026.

Filed
Feb 3, 2026, 4:23 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q4 2025
Accession
0001504461-26-000003
Line itemDecember 31, 2025March 31, 2025
Assets of Discontinued Operations
Accounts receivable, net$67,350
Prepaid expenses and other current assets15082
Total assets of discontinued operations$150$67,432
Liabilities of Discontinued Operations
Accounts payable$48,454
Accrued expenses and other payables44,295
Total liabilities of discontinued operations$4$52,749

Item 1. Financial Statements

FAQ

What is NGL Energy Partners's liquids logistics — accounts payable?
NGL Energy Partners (NGL) reported liquids logistics — accounts payable of $0 in Q4 2025.
What does liquids logistics — accounts payable mean?
This represents the short-term financial obligations owed by the Liquids Logistics segment to suppliers and vendors for goods and services received. It is a primary component of the segment's working capital cycle, reflecting the timing of payments for operational inputs. Efficient management of this balance is essential for maintaining healthy cash flow and vendor relationships.

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