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NGL Energy Partners NGL Business Segments

FY'26FY'25FY'24FY'23
Total revenues by Business
Crude Oil Logistics$1.05B+19.9%$879.9M-46.9%$1.66B-33.0%$2.47B-1.3%
Liquids Logistics$1.26B-31.2%$1.83B
Water Solutions$838.91M+11.0%$755.69M+3.4%$730.82M+4.8%$697.04M+27.9%
Segment Reporting, other items by Business
Crude Oil Logistics-$33K-1,750%$2K-98.0%$101K-72.6%$368K
Liquids Logistics$2K-99.9%$1.47M+9,880%-$15K-160%$25K
Water Solutions-$5.38M-477%$1.43M-61.4%$3.7M+40.3%$2.64M
Non-Topic 606 revenues by Business
Crude Oil Logistics$5.06M-27.6%$6.99M-24.2%$9.22M+23.4%$7.48M-13.9%
Liquids Logistics$9.61M-30.5%$13.83M
Water Solutions$112K+86.7%$60K-92.3%$781K$0
Segment Reporting, cost of sales by Business
Crude Oil Logistics$954.74M+23.6%$772.67M-49.4%$1.53B-33.8%$2.31B
Liquids Logistics$1.18B-31.8%$1.73B+4.4%$1.66B-31.8%$2.43B
Water Solutions$8.06M+483%-$2.11M-119%$10.91M-41.2%$18.56M
Segment Reporting, operating, general and administrative expenses by Business
Crude Oil Logistics$40.92M+0.1%$40.87M-4.0%$42.59M-21.9%$54.54M
Liquids Logistics$35.95M-29.9%$51.31M-7.7%$55.6M+12.8%$49.29M
Water Solutions$222.75M+2.5%$217.22M+0.9%$215.3M-1.2%$218.02M
Total Assets by Business
Crude Oil Logistics$4.26B-16.5%$5.11B-16.5%$6.12B-18.2%$7.48B+1.5%
Liquids Logistics$1.53B-40.7%$2.58B-20.7%$3.26B-12.5%$3.72B-0.5%
Water Solutions$11.04B-2.0%$11.27B-3.7%$11.71B-4.9%$12.31B-2.8%
Adjusted EBITDA by Business
Crude Oil Logistics$58.94M-11.2%$66.37M-23.6%$86.89M-21.7%$110.92M
Liquids Logistics$45.48M-14.8%$53.37M+0.2%$53.29M+41.8%$37.58M
Water Solutions$602.73M+11.2%$542M+6.6%$508.31M+9.8%$463.09M
(Gain) loss on sales and write-downs of certain assets by Business
Crude Oil Logistics$267K$2.91M-84.6%$18.94M+693%
Liquids Logistics-$19K-$810K-108%$10.02M-14.7%
Water Solutions$18.04M+84.8%$9.76M-74.9%$38.94M-31.3%$56.64M+102%
CapEx by Business
Crude Oil Logistics$6.74M-2.6%$6.92M+0.1%$6.91M-28.4%$9.65M+50.2%
Liquids Logistics$7.06M-42.1%$12.2M-22.7%$15.79M+177%$5.7M-49.0%
Water Solutions$221.26M+6.3%$208.17M+43.5%$145.05M+17.8%$123.18M+6.9%
Total revenues by Product
Product$2.4B-12.6%$2.74B-20.9%$3.47B-30.8%$5.01B
Service$759.97M+4.6%$726.23M+6.0%$685.38M+2.3%$670.02M
Topic 606 revenues, excluding assessed tax by Product
Butane sales$553.63M-14.6%$648.3M+3.3%$627.4M-18.7%$772.09M-10.4%
Crude oil sales$1.13B+23.9%$915.66M-46.3%$1.7B-31.7%$2.5B+0.1%
Crude oil transportation and other$29.33M-55.7%$66.26M+32.1%$50.15M-44.0%$89.5M+18.6%
Disposal service fees$714.69M+12.2%$637.1M+6.5%$598.05M+9.2%$547.72M+32.5%
Other product sales$360.21M-12.5%$411.69M+9.0%$377.74M-33.2%$565.71M
Other revenues$4.88M-52.7%$10.31M-51.5%$21.24M
Propane$336.08M-55.3%$751.38M+2.1%$735.7M-36.4%$1.16B-12.5%
Sale of water$7.29M-4.4%$7.63M-34.2%$11.59M-33.8%$17.51M-55.7%
Total cost of sales by Product
Product$2.15B-11.7%$2.44B-21.5%$3.1B-32.2%$4.58B
Service$29.06M-58.3%$69.75M-14.7%$81.72M-28.1%$113.59M
Fair Value of Net Assets (Liabilities) by Product
Butane sales-$8.6M+36.6%-$13.56M-243%$9.49M-51.9%$19.73M
Crude oil sales-$24.75M-145%-$10.1M-110%$98.96M-58.6%$239.16M
Propane-$1.57M$2.18M+112%-$18.14M
Derivative, Nonmonetary Notional Amount by Product
Butane sales$3.04M-28.6%$4.26M-76.2%$17.86M+715%$2.19M
Crude oil sales$1.81M+168%$677K+1,015%-$74K+81.4%-$397K
Propane-$743K-$30.54M-1,332%-$2.13M
Interest rate swap fixed interest rate by Product
March interest rate swap17.3%0.0pp17.3%
Income taxes paid (net of income tax refunds) by Geography
CANADA$431K+5.1%$410K-50.5%$829K
TEXAS$675K-30.9%$977K+74.5%$560K

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Questions, answered.

How does NGL Energy Partners break its business down?
NGL Energy Partners (NGL) reports total revenues by business across 3 parts — Crude Oil Logistics, Liquids Logistics and Water Solutions. Each is extracted from the segment footnotes and tracked over time.
Where does NGL Energy Partners's segment data come from?
Segment breakdowns are pulled from the segment footnotes in NGL Energy Partners's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.