NGL Energy Partners (NGL) Inventory Average (2011 - 2026)
NGL Energy Partners (NGL) reported Inventory Average of $73.1 million for Q1 2026, down 28.35% on a YoY basis from $102.0 million in Q1 2025, and down 25.74% quarter-over-quarter from $98.4 million in Q4 2025.
NGL Energy Partners (NGL) Inventory Average (2011 - 2026) Analysis & Trends
NGL Energy Partners has reported Inventory Average for 16 years, with the latest figure at $73.1 million in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average fell 28.35% year-over-year to $73.1 million; the trailing twelve-month figure through Mar 2026 stood at $73.1 million (down 28.35% YoY), and the FY2026 full-year result was $68.6 million, down 22.23% from the prior year.
- Inventory Average for Q1 2026 stood at $73.1 million, down from $98.4 million in the prior quarter.
- The five-year high for Inventory Average was $323.0 million in Q3 2022, with the low at $73.1 million in Q1 2026.
- Historically, Inventory Average has averaged $179.9 million across 5 years, with a median of $164.1 million in 2023.
- Annual changes were most pronounced in 2022 — Inventory Average soared 78.35% — and 2025, when it tumbled 43.42%.
- NGL Energy Partners' Inventory Average 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 1.25 Bn |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 4.56 Bn |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 583.50 Mn |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 4.71 Bn |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | 11.41 Mn |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 175.00 Mn |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 381.85 Mn |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 1.04 Bn |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 584.48 Mn |
| 10 | NGL Energy Partners | 1.97 Bn | 1.96 Bn | 217.25 Mn | 73.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 202.32 Mn |