NGL Energy Partners (NGL-PB) Operating Expenses (2010 - 2026)

NGL Energy Partners (NGL-PB) reported Operating Expenses of $78.7 million for Q1 2026, up 3.99% on a YoY basis from $75.7 million in Q1 2025, and up 12.3% quarter-over-quarter from $70.1 million in Q4 2025.

NGL Energy Partners (NGL-PB) Operating Expenses (2010 - 2026) Analysis & Trends

NGL Energy Partners has reported Operating Expenses for 17 years, with the latest figure at $78.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 3.99% year-over-year to $78.7 million; the trailing twelve-month figure through Mar 2026 stood at $293.6 million (down 1.38% YoY), and the FY2026 full-year result was $293.6 million, down 1.38% from the prior year.
  • Operating Expenses for Q1 2026 stood at $78.7 million, up from $70.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $84.2 million in Q3 2022, with the low at $66.4 million in Q1 2024.
  • Historically, Operating Expenses has averaged $74.9 million across 5 years, with a median of $75.7 million in 2025.
  • Annual changes were most pronounced in 2022 — Operating Expenses rose 21.93% — and 2023, when it fell 13.74%.
  • NGL Energy Partners' Operating Expenses stood at $81.4 million in 2022, then retreated by 2.75% to $79.1 million in 2023, then decreased by 6.36% to $74.1 million in 2024, then slipped by 5.43% to $70.1 million in 2025, then increased by 12.3% to $78.7 million in 2026.
  • The last three Operating Expenses figures came in at $78.7 million (Q1 2026), $70.1 million (Q4 2025), and $74.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 12.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -93.35 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 915.00 Mn
10 NGL Energy Partners - - 217.25 Mn 78.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 78.67 Mn
Dec 31, 2025 70.06 Mn
Sep 30, 2025 74.09 Mn
Jun 30, 2025 70.77 Mn
Mar 31, 2025 75.65 Mn
Dec 31, 2024 74.08 Mn
Sep 30, 2024 76.57 Mn
Jun 30, 2024 71.39 Mn
Mar 31, 2024 66.42 Mn
Dec 31, 2023 79.12 Mn
Sep 30, 2023 77.39 Mn
Jun 30, 2023 76.68 Mn
Mar 31, 2023 67.22 Mn
Dec 31, 2022 81.35 Mn
Sep 30, 2022 84.16 Mn
Jun 30, 2022 71.86 Mn
Mar 31, 2022 77.93 Mn
Dec 31, 2021 72.81 Mn
Sep 30, 2021 69.02 Mn
Jun 30, 2021 65.78 Mn