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NGL Energy Partners NGL Sale of water — Topic 606 revenues, excluding assessed tax

Other product segments

Crude oil sales
$375.97M+119%
Other product sales
$360.21M-12.5%
Disposal service fees
$177.44M+3.2%
Propane
$148.98M-57.2%
Butane sales
$147.5M-8.4%
Crude oil transportation and other
$8.13M-49.9%
Other revenues
$2.17M+83.3%

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WTTRWater Transfer And Monitoring — Revenue
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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$2.05B+155%
Enterprise value$5.4B+32.6%
P/S0.7×+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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 sale of water — topic 606 revenues, excluding assessed tax?
NGL Energy Partners (NGL) reported sale of water — topic 606 revenues, excluding assessed tax of $2.65M in Q1 2026.
How has NGL Energy Partners's sale of water — topic 606 revenues, excluding assessed tax changed year-over-year?
NGL Energy Partners's sale of water — topic 606 revenues, excluding assessed tax decreased by 16.5% year-over-year, from $3.17M to $2.65M.
What is the long-term trend for NGL Energy Partners's sale of water — topic 606 revenues, excluding assessed tax?
Over 4 years (2022 to 2026), NGL Energy Partners's sale of water — topic 606 revenues, excluding assessed tax has grown at a -34.5% compound annual growth rate (CAGR), from $39.52M to $7.29M.
What does sale of water — topic 606 revenues, excluding assessed tax mean?
This metric represents the revenue generated from the sale of water products, recognized in accordance with ASC 606 accounting standards, excluding any assessed taxes. It reflects the core commercial activity of providing water resources to external customers, serving as a key indicator of demand for the company's water-related service offerings. Tracking this figure helps investors assess the underlying growth and market penetration of the water business segment.