NGL Energy Partners (NGL) Long-Term Investments (2013 - 2024)
NGL Energy Partners (NGL) recorded Long-Term Investments of $19.31 million in fiscal Q3 2025 (quarter ended Dec 31, 2024), down 1.1% from $19.54 million a year earlier and down 4.1% from the prior quarter.
NGL Energy Partners (NGL) Long-Term Investments (2013 - 2024) Analysis & Trends
At the end of FY2024 (ended Mar 31, 2024), NGL Energy Partners reported Long-Term Investments of $20.31 million, down 3.7% from FY2023.
- Annual Long-Term Investments has declined for four straight fiscal years, though with a five-year compound annual growth rate of 78.3% (FY2019 to FY2024).
- Across earlier fiscal years, Long-Term Investments came in at $21.09 million in FY2023 (-3.7%), $21.9 million in FY2022 (-3.6%), $22.72 million in FY2021 (-2.0%) and $23.18 million in FY2020.
- Quarterly Long-Term Investments has ranged from $19.22 million in fiscal Q1 2025 to $23.18 million in fiscal Q4 2020 over the past five years.
- On a year-over-year basis, Long-Term Investments has declined for eight consecutive quarters, with an average decline of 5.6% over the last eight quarters.
- Peak year-over-year performance for Long-Term Investments in the last five years was growth of 7.1% in fiscal Q3 2023, against a decline of 14.2% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $20.14 million (Q2 2025), $19.22 million (Q1 2025) and $20.31 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn | 16.14 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - | 2.17 Bn |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn | 3.64 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn | 7.71 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn | 8.27 Bn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn | 317.50 Mn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn | 5.15 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn | - |
| 10 | NGL Energy Partners | 1.95 Bn | 1.92 Bn | 305.58 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 19.31 Mn |
| Sep 30, 2024 | 20.14 Mn |
| Jun 30, 2024 | 19.22 Mn |
| Mar 31, 2024 | 20.31 Mn |
| Dec 31, 2023 | 19.54 Mn |
| Sep 30, 2023 | 20.90 Mn |
| Jun 30, 2023 | 20.05 Mn |
| Mar 31, 2023 | 21.09 Mn |
| Dec 31, 2022 | 22.77 Mn |
| Sep 30, 2022 | 21.56 Mn |
| Jun 30, 2022 | 22.57 Mn |
| Mar 31, 2022 | 21.90 Mn |
| Dec 31, 2021 | 21.26 Mn |
| Sep 30, 2021 | 21.03 Mn |
| Jun 30, 2021 | 21.43 Mn |
| Mar 31, 2021 | 22.72 Mn |
| Dec 31, 2020 | 21.59 Mn |
| Sep 30, 2020 | 21.22 Mn |
| Jun 30, 2020 | 22.63 Mn |
| Mar 31, 2020 | 23.18 Mn |
NGL Energy Partners Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=NGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "NGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();