NGL Energy Partners (NGL) Intangibles (2011 - 2026)
NGL Energy Partners' (NGL) quarterly Intangibles came in at $805.1 million in Q1 2026, down 5.43% YoY from $851.3 million in Q1 2025, and down 1.82% on a QoQ basis from $820.0 million in Q4 2025.
NGL Energy Partners (NGL) Intangibles (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 16 years of Intangibles data on file, last reported at $805.1 million in Q1 2026.
- Quarterly Intangibles fell 5.43% year-over-year to $805.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $805.1 million (down 5.43% YoY) and the FY2026 annual result came in at $805.1 million, down 5.43% from the prior year.
- Intangibles slipped to $805.1 million in Q1 2026, from $820.0 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $1.1 billion in Q1 2022 to a low of $805.1 million in Q1 2026.
- A 5-year average of $962.5 million and a median of $932.7 million in 2024 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2024 — Intangibles slipped 11.9% — and 2026, when it decreased 5.43%.
- Tracing NGL's Intangibles over 5 years: stood at $1.1 billion in 2022, then slipped by 7.32% to $999.6 million in 2023, then dropped by 9.46% to $905.0 million in 2024, then declined by 9.4% to $820.0 million in 2025, then slipped by 1.82% to $805.1 million in 2026.
- The last three Intangibles figures came in at $805.1 million (Q1 2026), $820.0 million (Q4 2025), and $824.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.87 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 2.87 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 4.05 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 7.16 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.32 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 2.84 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 5.04 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | - |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 794.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 794.18 Mn |
| Mar 31, 2026 | 805.11 Mn |
| Dec 31, 2025 | 820.00 Mn |
| Sep 30, 2025 | 824.52 Mn |
| Jun 30, 2025 | 838.50 Mn |
| Mar 31, 2025 | 851.35 Mn |
| Dec 31, 2024 | 905.04 Mn |
| Sep 30, 2024 | 915.87 Mn |
| Jun 30, 2024 | 928.69 Mn |
| Mar 31, 2024 | 932.71 Mn |
| Dec 31, 2023 | 999.64 Mn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 1.10 Bn |
| Jun 30, 2022 | 1.12 Bn |
| Mar 31, 2022 | 1.14 Bn |
| Dec 31, 2021 | 1.15 Bn |
| Sep 30, 2021 | 1.17 Bn |