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

NGL Energy Partners (NGL) posted Asset Utilization Ratio of 0.74 for Q1 2026, up 0.78% on a QoQ basis from 0.73 in Q4 2025, and up 0.54% year-over-year from 0.73 in Q1 2025.

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 0.74 the latest figure, recorded in Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.74, up 0.54% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.74 (up 0.54% YoY), and the FY2026 annual result was 0.72, changed 0.28% from the prior year.
  • Asset Utilization Ratio was 0.74 for Q1 2026 at NGL Energy Partners, up from 0.73 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.53 in Q4 2022 and troughed at 0.39 in Q4 2023.
  • A 5-year average of 0.9 and a median of 0.77 in 2025 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio sank 74.4% — and 2024, when it jumped 85.92%.
  • Year by year, Asset Utilization Ratio stood at 1.53 in 2022, then tumbled 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 gained by 0.78% to 0.74 in 2026.
  • Per Business Quant, the three latest NGL Asset Utilization Ratio figures stand at 0.74 (Q1 2026), 0.73 (Q4 2025), and 0.77 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.31
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.24
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.65
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.49
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.63
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.21
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.52
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.66
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.28
10 NGL Energy Partners 2.02 Bn 2.02 Bn 217.25 Mn 0.74

Historic Data

Download Data
DateValue
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