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NGL Energy Partners NGL Water Solutions — Gain from insurance recovery

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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$2.14B+249%
Enterprise value$5.49B+52.1%
P/S0.7×+0.5×

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:InsuredEventGainLoss.

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
  • A net loss of $20.2 million primarily related to writing down the net book value of certain saltwater disposal wells and capital projects due to abandonment and the retirement of certain other assets in our Water Solutions segment.
  • A gain of $2.2 million from insurance recoveries for certain saltwater disposal facilities and boosters damaged in a prior period in our Water Solutions segment.
  • A net loss of $0.3 million primarily related to the sale or retirement of certain assets in our Crude Oil Logistics segment.
  • A net loss of less than $0.1 million primarily related to the sale of certain assets in our Water Solutions segment.

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's water solutions — gain from insurance recovery?
NGL Energy Partners (NGL) reported water solutions — gain from insurance recovery of -$550K in Q1 2026.
How has NGL Energy Partners's water solutions — gain from insurance recovery changed year-over-year?
NGL Energy Partners's water solutions — gain from insurance recovery increased by 66.2% year-over-year, from -$1.63M to -$550K.
What is the long-term trend for NGL Energy Partners's water solutions — gain from insurance recovery?
Over 3 years (2023 to 2026), NGL Energy Partners's water solutions — gain from insurance recovery has grown at a 1.6% compound annual growth rate (CAGR), from -$2.1M to -$2.2M.
What does water solutions — gain from insurance recovery mean?
This metric captures the financial gains recognized from insurance claims related to property, plant, or equipment damage within the Water Solutions segment. It provides context on the recovery of losses from unforeseen operational disruptions or asset damages, distinct from core operating income.

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