NGL Energy Partners (NGL) Interest Expenses (2010 - 2026)
NGL Energy Partners' (NGL) quarterly Interest Expenses came in at $72.6 million in Q1 2026, up 59.89% YoY from $45.4 million in Q1 2025, and down 62.61% on a QoQ basis from $194.1 million in Q4 2025.
NGL Energy Partners (NGL) Interest Expenses (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 17 years of Interest Expenses data on file, last reported at $72.6 million in Q1 2026.
- Quarterly Interest Expenses rose 59.89% year-over-year to $72.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $281.7 million (down 24.08% YoY) and the FY2026 annual result came in at $257.5 million, down 13.88% from the prior year.
- Interest Expenses slipped to $72.6 million in Q1 2026, from $194.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $210.0 million in Q4 2024 to a low of $45.4 million in Q1 2025.
- A 5-year average of $109.5 million and a median of $93.0 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 298.68% — and 2025, when it slumped 66.25%.
- Tracing NGL's Interest Expenses over 5 years: stood at $75.9 million in 2022, then jumped by 130.99% to $175.4 million in 2023, then climbed by 19.73% to $210.0 million in 2024, then declined by 7.57% to $194.1 million in 2025, then slumped by 62.61% to $72.6 million in 2026.
- The last three Interest Expenses figures came in at $72.6 million (Q1 2026), $194.1 million (Q4 2025), and $130.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 256.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 1.01 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 974.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 934.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 1.23 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 322.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 434.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 959.20 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 3.05 Bn |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 506.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 506.79 Mn |
| Jun 30, 2026 | 506.79 Mn |
| Mar 31, 2026 | 72.56 Mn |
| Mar 31, 2026 | 72.56 Mn |
| Dec 31, 2025 | 194.09 Mn |
| Dec 31, 2025 | 194.09 Mn |
| Sep 30, 2025 | 130.25 Mn |
| Sep 30, 2025 | 130.25 Mn |
| Jun 30, 2025 | 65.55 Mn |
| Jun 30, 2025 | 65.55 Mn |
| Mar 31, 2025 | 45.38 Mn |
| Mar 31, 2025 | 45.38 Mn |
| Dec 31, 2024 | 209.98 Mn |
| Dec 31, 2024 | 209.98 Mn |
| Sep 30, 2024 | 146.92 Mn |
| Sep 30, 2024 | 146.92 Mn |
| Jun 30, 2024 | 98.23 Mn |
| Jun 30, 2024 | 98.23 Mn |
| Mar 31, 2024 | 134.49 Mn |
| Mar 31, 2024 | 134.49 Mn |