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NGL Energy Partners NGL Water Solutions — 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$2.05B+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 ngl:AcquisitionOfPropertyPlantAndEquipmentAndIntangibleAssets.

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 water solutions — capex?
NGL Energy Partners (NGL) reported water solutions — capex of $28.91M in Q1 2026.
How has NGL Energy Partners's water solutions — capex changed year-over-year?
NGL Energy Partners's water solutions — capex decreased by 15.4% year-over-year, from $34.17M to $28.91M.
What is the long-term trend for NGL Energy Partners's water solutions — capex?
Over 4 years (2022 to 2026), NGL Energy Partners's water solutions — capex has grown at a 17.7% compound annual growth rate (CAGR), from $115.27M to $221.26M.
What does water solutions — capex mean?
This metric measures the funds used by the Water Solutions segment to acquire, upgrade, or maintain physical assets such as pipelines, treatment facilities, and disposal wells. It reflects the company's commitment to growth and infrastructure maintenance within the water management business. High levels of expenditure indicate ongoing expansion or significant asset renewal efforts.