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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$1.96B+155%
Enterprise value$5.31B+32.6%
P/S0.6×+0.4×

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 official record: NGL Energy Partners’s 10-Q, filed February 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.