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NGL Energy Partners NGL Liquids Logistics — Property, plant and equipment, net

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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:DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent.

The official record: NGL Energy Partners’s 10-K, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NGL Energy Partners's liquids logistics — property, plant and equipment, net?
NGL Energy Partners (NGL) reported liquids logistics — property, plant and equipment, net of $51.35M in Q1 2025.
What does liquids logistics — property, plant and equipment, net mean?
This represents the net book value of tangible long-term assets used by the Liquids Logistics segment, such as pipelines, storage facilities, and processing equipment. It reflects the capital investment in infrastructure necessary to support the segment's core logistics and distribution activities. Tracking this value over time indicates the scale of the segment's physical footprint and its ongoing capital maintenance requirements.