NGL Energy Partners (NGL) Dividend Coverage Ratio (2010 - 2026)
NGL Energy Partners' (NGL) quarterly Dividend Coverage Ratio came in at 3.18 in Q2 2026, up 344.69% on a YoY basis from 0.72 in Q2 2025, and down 95.79% quarter-over-quarter from 75.55 in Q1 2026.
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NGL Energy Partners (NGL) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported Dividend Coverage Ratio for 17 consecutive years, with 3.18 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 344.69% year-over-year to 3.18; the trailing twelve-month figure through Jun 2026 stood at 34.22 (down 939.03% YoY), and the FY2026 full-year result was 23.72, down 797.32% from the prior year.
- Dividend Coverage Ratio slipped to 3.18 in Q2 2026 per NGL's latest filing, from 75.55 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 97.4 in Q4 2022 and bottomed at 798.77 in Q1 2024.
- Historically, Dividend Coverage Ratio has averaged 76.7 across 5 years, with a median of 9.25 in 2024.
- The sharpest annual moves came in 2025 and 2026: Dividend Coverage Ratio tumbled 2020.29% in 2025, then soared 526.84% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 97.4 in 2022, then sank by 62.17% to 36.85 in 2023, then plunged by 76.98% to 8.48 in 2024, then plunged by 215.31% to 9.78 in 2025, then surged by 132.55% to 3.18 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 3.18, 75.55, and 9.78 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.34 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.56 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 1.63 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -2.62 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 2.84 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.00 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.43 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 0.66 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -1.19 |
| 10 | NGL Energy Partners | 2.22 Bn | 2.21 Bn | 305.58 Mn | 3.18 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.18 |
| Mar 31, 2026 | 75.55 |
| Dec 31, 2025 | -9.78 |
| Sep 30, 2025 | -185.06 |
| Jun 30, 2025 | -1.30 |
| Mar 31, 2025 | -17.70 |
| Dec 31, 2024 | 8.48 |
| Sep 30, 2024 | -8.73 |
| Jun 30, 2024 | -0.69 |
| Mar 31, 2024 | -798.77 |
| Dec 31, 2023 | 36.85 |
| Sep 30, 2023 | -11.73 |
| Jun 30, 2023 | -38.41 |
| Mar 31, 2023 | -232.86 |
| Dec 31, 2022 | 97.40 |
| Sep 30, 2022 | -98.17 |
| Jun 30, 2022 | -4.80 |
| Mar 31, 2022 | -194.03 |
| Dec 31, 2021 | -116.58 |
| Sep 30, 2021 | -53.09 |