NGL Energy Partners NGL
NYSE NGL
$17.77 -0.40 (-2.20%)
At close: Sep 4, 2026 · 4:00 PM EDT

NGL Energy Partners (NGL) Asset Utilization Ratio (2011 - 2026)

NGL Energy Partners' (NGL) quarterly Asset Utilization Ratio came in at 0.84 in Q2 2026, up 11.35% on a YoY basis from 0.76 in Q2 2025, and up 14.36% quarter-over-quarter from 0.74 in Q1 2026.

Analysis

NGL Energy Partners (NGL) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

NGL Energy Partners (NGL) has reported Asset Utilization Ratio for 16 consecutive years, with 0.84 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio rose 11.35% year-over-year to 0.84; the trailing twelve-month figure through Jun 2026 stood at 0.84 (up 11.35% YoY), and the FY2026 full-year result was 0.72, changed 0.28% from the prior year.
  • Asset Utilization Ratio improved to 0.84 in Q2 2026 per NGL's latest filing, from 0.74 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.53 in Q4 2022 and bottomed at 0.39 in Q4 2023.
  • Historically, Asset Utilization Ratio has averaged 0.9 across 5 years, with a median of 0.77 in 2024.
  • The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio tumbled 74.4% in 2023, then jumped 85.92% in 2024.
  • Over 5 years, Asset Utilization Ratio stood at 1.53 in 2022, then sank by 74.4% to 0.39 in 2023, then soared by 85.92% to 0.73 in 2024, then increased by 0.74% to 0.73 in 2025, then increased by 15.26% to 0.84 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.84, 0.74, and 0.73 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 0.24
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 0.72
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 0.58
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 0.60
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 0.31
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 0.58
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 0.36
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 0.22
10 NGL Energy Partners 2.22 Bn 2.21 Bn 305.58 Mn 0.84
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.84
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