NGL Energy Partners (NGL-PC) Tax Rate (2010 - 2026)

NGL Energy Partners (NGL-PC) reported Tax Rate of 0.03% for Q1 2026, down 12.0% on a YoY basis from 0.03% in Q1 2025, and up 87.88% quarter-over-quarter from 0.25% in Q4 2025.

NGL Energy Partners (NGL-PC) Tax Rate (2010 - 2026) Analysis & Trends

NGL Energy Partners has reported Tax Rate for 17 years, with the latest figure at 0.03% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 12.0% year-over-year to 0.03%; the trailing twelve-month figure through Mar 2026 stood at 0.15% (up 828.0% YoY), and the FY2026 full-year result was 0.15%, up 828.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.03%, up from 0.25% in the prior quarter.
  • The five-year high for Tax Rate was 12.96% in Q3 2022, with the low at 37.48% in Q2 2024.
  • Historically, Tax Rate has averaged 1.78% across 5 years, with a median of 0.21% in 2025.
  • Annual changes were most pronounced in 2024 — Tax Rate tumbled 3819 bps — and 2025, when it jumped 3688 bps.
  • NGL Energy Partners' Tax Rate stood at 0.43% in 2022, then surged by 178 bps to 0.34% in 2023, then sank by 448 bps to 1.17% in 2024, then surged by 79 bps to 0.25% in 2025, then jumped by 88 bps to 0.03% in 2026.
  • The last three Tax Rate figures came in at 0.03% (Q1 2026), 0.25% (Q4 2025), and 0.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 24.82%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.45%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 22.28%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 6.40%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.11%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 20.27%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 24.00%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 10.04%
10 NGL Energy Partners - - 217.25 Mn -0.03%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.03%
Mar 31, 2026 -0.03%
Dec 31, 2025 -0.25%
Dec 31, 2025 -0.25%
Sep 30, 2025 -0.21%
Sep 30, 2025 -0.21%
Jun 30, 2025 -0.60%
Jun 30, 2025 -0.60%
Mar 31, 2025 0.09%
Mar 31, 2025 0.09%
Dec 31, 2024 -1.17%
Dec 31, 2024 -1.17%
Sep 30, 2024 2.27%
Sep 30, 2024 2.27%
Jun 30, 2024 -37.48%
Jun 30, 2024 -37.48%
Mar 31, 2024 -0.33%
Mar 31, 2024 -0.33%
Dec 31, 2023 0.34%
Dec 31, 2023 0.34%