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NGL Energy Partners NGL Liquids Logistics — CapEx

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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$2.17B+305%
Enterprise value$5.51B+56.1%
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 ngl:AcquisitionOfPropertyPlantAndEquipmentAndIntangibleAssets.

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 itemWater SolutionsCrude Oil LogisticsLiquids LogisticsConsolidated
Adjustments related to unconsolidated entities (4)24
Other (5)(1,885)
Loss from continuing operations before income taxes (6)$(178,779)
Segment capital expenditures$221,255$6,735$7,064$235,054
All other capital expenditures1,431
Total capital expenditures (7)$236,485
Segment assets (8)$2,809,556$923,685$387,966$4,121,207
All other assets (8)54,332

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's liquids logistics — capex?
NGL Energy Partners (NGL) reported liquids logistics — capex of $2.23M in Q1 2026.
How has NGL Energy Partners's liquids logistics — capex changed year-over-year?
NGL Energy Partners's liquids logistics — capex decreased by 5.7% year-over-year, from $2.36M to $2.23M.
What is the long-term trend for NGL Energy Partners's liquids logistics — capex?
Over 4 years (2022 to 2026), NGL Energy Partners's liquids logistics — capex has grown at a -10.9% compound annual growth rate (CAGR), from $11.19M to $7.06M.
What does liquids logistics — capex mean?
Represents the cash outflows used by the Liquids Logistics segment to acquire, upgrade, or maintain physical assets such as pipelines, storage facilities, and transport equipment. This metric reflects the company's commitment to long-term growth and the maintenance of its existing infrastructure. High levels of capital expenditure indicate ongoing investment in capacity expansion or regulatory compliance.

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