NGL Energy Partners (NGL-PC) Asset Utilization Ratio (2011 - 2026)
NGL Energy Partners (NGL-PC) reported Asset Utilization Ratio of 0.74 for Q1 2026, up 0.54% on a YoY basis from 0.73 in Q1 2025, and up 0.78% quarter-over-quarter from 0.73 in Q4 2025.
NGL Energy Partners (NGL-PC) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
NGL Energy Partners has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.74 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 0.54% year-over-year to 0.74; the trailing twelve-month figure through Mar 2026 stood at 0.74 (up 0.54% YoY), and the FY2026 full-year result was 0.72, changed 0.28% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.74, up from 0.73 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.53 in Q4 2022, with the low at 0.39 in Q4 2023.
- Historically, Asset Utilization Ratio has averaged 0.9 across 5 years, with a median of 0.77 in 2025.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio slumped 74.4% — and 2024, when it soared 85.92%.
- NGL Energy Partners' Asset Utilization Ratio stood at 1.53 in 2022, then tumbled by 74.4% to 0.39 in 2023, then jumped by 85.92% to 0.73 in 2024, then climbed by 0.74% to 0.73 in 2025, then increased by 0.78% to 0.74 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.74 (Q1 2026), 0.73 (Q4 2025), and 0.77 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.65 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.24 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.49 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.21 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.63 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.52 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | NGL Energy Partners | - | - | 217.25 Mn | 0.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.74 |
| Dec 31, 2025 | 0.73 |
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.76 |
| Mar 31, 2025 | 0.73 |
| Dec 31, 2024 | 0.73 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 0.81 |
| Mar 31, 2024 | 0.80 |
| Dec 31, 2023 | 0.39 |
| Sep 30, 2023 | 0.57 |
| Jun 30, 2023 | 0.76 |
| Mar 31, 2023 | 1.00 |
| Dec 31, 2022 | 1.53 |
| Sep 30, 2022 | 1.49 |
| Jun 30, 2022 | 1.46 |
| Mar 31, 2022 | 1.31 |
| Dec 31, 2021 | 1.19 |
| Sep 30, 2021 | 1.09 |
| Jun 30, 2021 | 0.99 |