NGL Energy Partners (NGL) Interest Expenses (2010 - 2026)
NGL Energy Partners (NGL) posted Interest Expenses of $63.4 million for Q1 2026, down 67.33% on a QoQ basis from $194.1 million in Q4 2025, and up 39.7% year-over-year from $45.4 million in Q1 2025.
NGL Energy Partners (NGL) Interest Expenses (2010 - 2026) Analysis & Trends
NGL Energy Partners' Interest Expenses history runs 17 years deep, the most recent figure standing at $63.4 million for Q1 2026.
- Quarterly Interest Expenses rose 39.7% year-over-year to $63.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $301.5 million (down 8.83% YoY) and the FY2026 annual result came in at $257.5 million, down 13.88% from the prior year.
- Interest Expenses was $63.4 million for Q1 2026 at NGL Energy Partners, down from $194.1 million in the prior quarter.
- Across five years, Interest Expenses topped out at $210.0 million in Q4 2024 and bottomed at $45.4 million in Q1 2025.
- A 5-year average of $105.1 million and a median of $92.6 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 130.99% — and 2025, when it tumbled 51.94%.
- NGL Energy Partners' Interest Expenses stood at $75.9 million in 2022, then soared by 130.99% to $175.4 million in 2023, then increased by 19.73% to $210.0 million in 2024, then retreated by 7.57% to $194.1 million in 2025, then plunged by 67.33% to $63.4 million in 2026.
- Business Quant data shows NGL's Interest Expenses at $63.4 million in Q1 2026, $194.1 million in Q4 2025, and $130.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 256.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 439.00 Mn |
| 10 | NGL Energy Partners | 2.13 Bn | 2.12 Bn | 217.25 Mn | 63.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.40 Mn |
| Mar 31, 2026 | 63.40 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 | 94.43 Mn |
| Mar 31, 2024 | 94.43 Mn |
| Dec 31, 2023 | 175.37 Mn |
| Dec 31, 2023 | 175.37 Mn |