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NGL Energy Partners NGL Liquids Logistics — Operating lease, impairment loss
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Where this comes from
Reported directly by NGL Energy Partners in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseImpairmentLoss.
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
During the year ended March 31, 2026, we recorded an impairment of $1.5 million related to the remaining biodiesel railcars. During the year ended March 31, 2024, we recorded an impairment of $2.4 million for certain leases in our Water Solutions segment due to underutilization of certain freshwater wells.
Item 16. Form 10-K Summary
FAQ
- What is NGL Energy Partners's liquids logistics — operating lease, impairment loss?
- NGL Energy Partners (NGL) reported liquids logistics — operating lease, impairment loss of $375K in Q1 2026.
- What does liquids logistics — operating lease, impairment loss mean?
- Reflects the reduction in the carrying value of operating lease assets within the Liquids Logistics segment due to a decline in their expected utility or market value. Such impairments often signal changes in market conditions or a strategic shift in how the segment utilizes leased infrastructure. This is a critical indicator of potential asset underperformance or economic obsolescence.
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