NGL Energy Partners (NGL) Change in Inventory (2010 - 2026)
NGL Energy Partners (NGL) reported Change in Inventory of -$4.4 million for Q1 2026, up 87.24% on a YoY basis from -$2.3 million in Q1 2025, and up 89.55% quarter-over-quarter from -$41.7 million in Q4 2025.
NGL Energy Partners (NGL) Change in Inventory (2010 - 2026) Analysis & Trends
NGL Energy Partners has reported Change in Inventory for 17 years, with the latest figure at -$4.4 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Inventory rose 87.24% year-over-year to -$4.4 million; the trailing twelve-month figure through Mar 2026 stood at $6.7 million (up 167.18% YoY), and the FY2026 full-year result was $6.7 million, up 167.18% from the prior year.
- Change in Inventory for Q1 2026 stood at -$4.4 million, up from -$41.7 million in the prior quarter.
- The five-year high for Change in Inventory was $88.6 million in Q3 2022, with the low at -$119.2 million in Q4 2022.
- Historically, Change in Inventory has averaged -$10.7 million across 5 years, with a median of -$4.4 million in 2026.
- Annual changes were most pronounced in 2022 — Change in Inventory sank 819.47% — and 2026, when it jumped 87.24%.
- NGL Energy Partners' Change in Inventory stood at -$119.2 million in 2022, then jumped by 58.42% to -$49.6 million in 2023, then decreased by 16.24% to -$57.6 million in 2024, then climbed by 27.61% to -$41.7 million in 2025, then surged by 89.55% to -$4.4 million in 2026.
- The last three Change in Inventory figures came in at -$4.4 million (Q1 2026), -$41.7 million (Q4 2025), and $40.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 19.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 1.02 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 6.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -96.00 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 173.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | NGL Energy Partners | 2.00 Bn | 1.99 Bn | 217.25 Mn | -4.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.36 Mn |
| Mar 31, 2026 | -4.36 Mn |
| Dec 31, 2025 | -41.71 Mn |
| Dec 31, 2025 | -41.71 Mn |
| Sep 30, 2025 | 39.98 Mn |
| Sep 30, 2025 | 39.98 Mn |
| Jun 30, 2025 | 12.77 Mn |
| Jun 30, 2025 | 12.77 Mn |
| Mar 31, 2025 | -34.14 Mn |
| Mar 31, 2025 | -34.14 Mn |
| Dec 31, 2024 | -57.62 Mn |
| Dec 31, 2024 | -57.62 Mn |
| Sep 30, 2024 | 42.33 Mn |
| Sep 30, 2024 | 42.33 Mn |
| Jun 30, 2024 | 39.50 Mn |
| Jun 30, 2024 | 39.50 Mn |
| Mar 31, 2024 | -79.09 Mn |
| Mar 31, 2024 | -79.09 Mn |
| Dec 31, 2023 | -49.57 Mn |
| Dec 31, 2023 | -49.57 Mn |