NGL Energy Partners (NGL) Inventory Average (2011 - 2026)
NGL Energy Partners' (NGL) quarterly Inventory Average came in at $73.1 million in Q1 2026, down 28.35% YoY from $102.0 million in Q1 2025, and down 25.74% on a QoQ basis from $98.4 million in Q4 2025.
NGL Energy Partners (NGL) Inventory Average (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 16 years of Inventory Average data on file, last reported at $73.1 million in Q1 2026.
- Quarterly Inventory Average fell 28.35% year-over-year to $73.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $73.1 million (down 28.35% YoY) and the FY2026 annual result came in at $68.6 million, down 22.23% from the prior year.
- Inventory Average slipped to $73.1 million in Q1 2026, from $98.4 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $323.0 million in Q3 2022 to a low of $73.1 million in Q1 2026.
- A 5-year average of $179.9 million and a median of $164.1 million in 2023 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2022 — Inventory Average soared 78.35% — and 2025, when it tumbled 43.42%.
- Tracing NGL's Inventory Average over 5 years: stood at $291.4 million in 2022, then dropped by 22.42% to $226.1 million in 2023, then fell by 27.47% to $164.0 million in 2024, then sank by 39.99% to $98.4 million in 2025, then retreated by 25.74% to $73.1 million in 2026.
- The last three Inventory Average figures came in at $73.1 million (Q1 2026), $98.4 million (Q4 2025), and $99.7 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 579.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 1.25 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 4.95 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 4.52 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 618.71 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 189.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 1.10 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 323.05 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 700.50 Mn |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 67.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 67.51 Mn |
| Mar 31, 2026 | 73.08 Mn |
| Dec 31, 2025 | 98.41 Mn |
| Sep 30, 2025 | 99.74 Mn |
| Jun 30, 2025 | 75.70 Mn |
| Mar 31, 2025 | 102.00 Mn |
| Dec 31, 2024 | 163.98 Mn |
| Sep 30, 2024 | 176.30 Mn |
| Jun 30, 2024 | 132.65 Mn |
| Mar 31, 2024 | 154.09 Mn |
| Dec 31, 2023 | 226.07 Mn |
| Sep 30, 2023 | 218.11 Mn |
| Jun 30, 2023 | 164.12 Mn |
| Mar 31, 2023 | 190.34 Mn |
| Dec 31, 2022 | 291.40 Mn |
| Sep 30, 2022 | 323.01 Mn |
| Jun 30, 2022 | 276.29 Mn |
| Mar 31, 2022 | 292.60 Mn |
| Dec 31, 2021 | 326.91 Mn |
| Sep 30, 2021 | 283.04 Mn |