NGL Energy Partners (NGL-PC) Interest Expenses (2010 - 2026)
NGL Energy Partners (NGL-PC) reported Interest Expenses of $63.4 million for Q1 2026, down 9.55% on a YoY basis from $70.1 million in Q1 2025, and down 0.68% quarter-over-quarter from $63.8 million in Q4 2025.
NGL Energy Partners (NGL-PC) Interest Expenses (2010 - 2026) Analysis & Trends
NGL Energy Partners has reported Interest Expenses for 17 years, with the latest figure at $63.4 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 9.55% year-over-year to $63.4 million; the trailing twelve-month figure through Mar 2026 stood at $257.5 million (down 8.06% YoY), and the FY2026 full-year result was $257.5 million, down 8.06% from the prior year.
- Interest Expenses for Q1 2026 stood at $63.4 million, down from $63.8 million in the prior quarter.
- The five-year high for Interest Expenses was $94.4 million in Q1 2024, with the low at $57.2 million in Q4 2023.
- Historically, Interest Expenses has averaged $67.7 million across 5 years, with a median of $65.5 million in 2025.
- Annual changes were most pronounced in 2024 — Interest Expenses surged 47.76% — and 2025, when it slipped 25.77%.
- NGL Energy Partners' Interest Expenses stood at $75.9 million in 2022, then dropped by 24.63% to $57.2 million in 2023, then climbed by 10.2% to $63.1 million in 2024, then gained by 1.23% to $63.8 million in 2025, then retreated by 0.68% to $63.4 million in 2026.
- The last three Interest Expenses figures came in at $63.4 million (Q1 2026), $63.8 million (Q4 2025), and $64.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 385.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -12.23 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 439.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 626.02 Mn |
| 10 | NGL Energy Partners | - | - | 217.25 Mn | 63.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.40 Mn |
| Mar 31, 2026 | 63.40 Mn |
| Dec 31, 2025 | 63.83 Mn |
| Dec 31, 2025 | 63.83 Mn |
| Sep 30, 2025 | 64.71 Mn |
| Sep 30, 2025 | 64.71 Mn |
| Jun 30, 2025 | 65.55 Mn |
| Jun 30, 2025 | 65.55 Mn |
| Mar 31, 2025 | 70.10 Mn |
| Mar 31, 2025 | 70.10 Mn |
| Dec 31, 2024 | 63.06 Mn |
| Dec 31, 2024 | 63.06 Mn |
| Sep 30, 2024 | 77.18 Mn |
| Sep 30, 2024 | 77.18 Mn |
| Jun 30, 2024 | 69.74 Mn |
| Jun 30, 2024 | 69.74 Mn |
| Mar 31, 2024 | 94.43 Mn |
| Mar 31, 2024 | 94.43 Mn |
| Dec 31, 2023 | 57.22 Mn |
| Dec 31, 2023 | 57.22 Mn |