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NGL Energy Partners NGL Liquids Logistics — Liabilities held for sale

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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:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent.

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 — liabilities held for sale?
NGL Energy Partners (NGL) reported liquids logistics — liabilities held for sale of $4K in Q4 2025.
What does liquids logistics — liabilities held for sale mean?
This represents the liabilities associated with assets or business units within the Liquids Logistics segment that are classified as held for sale. It indicates potential divestiture activity and the impact of such sales on the segment's total liability profile.