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

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

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

NGL Energy Partners (NGL-PC) has reported Operating Expenses for 17 consecutive years, with $78.7 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $78.7 million, up 3.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $293.6 million (down 1.38% YoY), and the FY2026 annual result was $293.6 million, down 1.38% from the prior year.
  • Operating Expenses was $78.7 million for Q1 2026 at NGL Energy Partners, up from $70.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $84.2 million in Q3 2022 and troughed at $66.4 million in Q1 2024.
  • A 5-year average of $74.9 million and a median of $75.7 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses gained 21.93% — and 2023, when it retreated 13.74%.
  • Year by year, Operating Expenses stood at $81.4 million in 2022, then slipped by 2.75% to $79.1 million in 2023, then dropped by 6.36% to $74.1 million in 2024, then declined by 5.43% to $70.1 million in 2025, then gained by 12.3% to $78.7 million in 2026.
  • Per Business Quant, the three latest NGL-PC Operating Expenses figures stand at $78.7 million (Q1 2026), $70.1 million (Q4 2025), and $74.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 13.95 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 3.38 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 12.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.70 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 333.70 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.82 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 274.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.45 Bn
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