NGL Energy Partners (NGL) Inventory Average (2011 - 2026)
NGL Energy Partners' (NGL) quarterly Inventory Average came in at $67.5 million in Q2 2026, down 10.81% on a YoY basis from $75.7 million in Q2 2025, and down 7.62% quarter-over-quarter from $73.1 million in Q1 2026.
Analysis
NGL Energy Partners (NGL) Inventory Average (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported Inventory Average for 16 consecutive years, with $67.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Inventory Average fell 10.81% year-over-year to $67.5 million; the trailing twelve-month figure through Jun 2026 stood at $67.5 million (down 10.81% YoY), and the FY2026 full-year result was $68.6 million, down 22.23% from the prior year.
- Inventory Average retreated to $67.5 million in Q2 2026 per NGL's latest filing, from $73.1 million in the prior quarter.
- Across five years, Inventory Average topped out at $323.0 million in Q3 2022 and bottomed at $67.5 million in Q2 2026.
- Historically, Inventory Average has averaged $173.6 million across 5 years, with a median of $164.1 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Inventory Average jumped 78.35% in 2022, then plunged 43.42% in 2025.
- Over 5 years, Inventory Average stood at $291.4 million in 2022, then fell by 22.42% to $226.1 million in 2023, then decreased by 27.47% to $164.0 million in 2024, then tumbled by 39.99% to $98.4 million in 2025, then plunged by 31.39% to $67.5 million in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $67.5 million, $73.1 million, and $98.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 579.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 4.95 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 4.52 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 618.71 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 323.05 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 189.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.10 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.25 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 310.50 Mn |
| 10 | NGL Energy Partners | 2.22 Bn | 2.21 Bn | 305.58 Mn | 67.51 Mn |
Historic Data
Download Data
Historic 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 |