NGL Energy Partners (NGL) Invested Capital (2010 - 2026)
NGL Energy Partners (NGL) posted Invested Capital of $2.9 billion for Q1 2026, down 3.76% on a QoQ basis from $3.1 billion in Q4 2025, and down 5.72% year-over-year from $3.1 billion in Q1 2025.
NGL Energy Partners (NGL) Invested Capital (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported Invested Capital for 17 consecutive years, with $2.9 billion the latest figure, recorded in Q1 2026.
- Invested Capital for Q1 2026 came in at $2.9 billion, down 5.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 billion (down 5.72% YoY), and the FY2026 annual result was $2.9 billion, down 5.72% from the prior year.
- Invested Capital was $2.9 billion for Q1 2026 at NGL Energy Partners, down from $3.1 billion in the prior quarter.
- Over five years, Invested Capital peaked at $4.2 billion in Q3 2022 and troughed at $2.9 billion in Q1 2026.
- A 5-year average of $3.5 billion and a median of $3.3 billion in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital decreased 0.11% — and 2023, when it slipped 14.92%.
- Year by year, Invested Capital stood at $4.1 billion in 2022, then retreated by 12.67% to $3.5 billion in 2023, then retreated by 8.31% to $3.3 billion in 2024, then retreated by 6.08% to $3.1 billion in 2025, then declined by 3.76% to $2.9 billion in 2026.
- Per Business Quant, the three latest NGL Invested Capital figures stand at $2.9 billion (Q1 2026), $3.1 billion (Q4 2025), and $3.0 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 59.19 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 61.04 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 33.06 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 103.80 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 21.59 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 40.30 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 54.45 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 12.69 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 47.30 Bn |
| 10 | NGL Energy Partners | 2.02 Bn | 2.02 Bn | 217.25 Mn | 2.94 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.94 Bn |
| Dec 31, 2025 | 3.05 Bn |
| Sep 30, 2025 | 3.04 Bn |
| Jun 30, 2025 | 3.02 Bn |
| Mar 31, 2025 | 3.12 Bn |
| Dec 31, 2024 | 3.25 Bn |
| Sep 30, 2024 | 3.31 Bn |
| Jun 30, 2024 | 3.24 Bn |
| Mar 31, 2024 | 3.30 Bn |
| Dec 31, 2023 | 3.54 Bn |
| Sep 30, 2023 | 3.60 Bn |
| Jun 30, 2023 | 3.59 Bn |
| Mar 31, 2023 | 3.63 Bn |
| Dec 31, 2022 | 4.06 Bn |
| Sep 30, 2022 | 4.23 Bn |
| Jun 30, 2022 | 4.16 Bn |
| Mar 31, 2022 | 4.07 Bn |
| Dec 31, 2021 | 4.16 Bn |
| Sep 30, 2021 | 4.23 Bn |
| Jun 30, 2021 | 4.19 Bn |