NGL Energy Partners (NGL) Long-Term Investments (2013 - 2024)
NGL Energy Partners' (NGL) quarterly Long-Term Investments came in at $19.3 million in Q4 2024, down 1.14% on a YoY basis from $19.5 million in Q1 2024, and down 4.1% quarter-over-quarter from $20.1 million in Q3 2024.
Analysis
NGL Energy Partners (NGL) Long-Term Investments (2013 - 2024) Analysis & Trends
NGL Energy Partners (NGL) has reported Long-Term Investments for 12 consecutive years, with $19.3 million the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Long-Term Investments fell 1.14% year-over-year to $19.3 million; the trailing twelve-month figure through Dec 2024 stood at $19.3 million (down 1.14% YoY), and the FY2024 full-year result was $20.3 million, down 3.72% from the prior year.
- Long-Term Investments retreated to $19.3 million in Q4 2024 per NGL's latest filing, from $20.1 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $23.2 million in Q1 2020 and bottomed at $19.2 million in Q2 2024.
- Historically, Long-Term Investments has averaged $21.2 million across 5 years, with a median of $21.2 million in 2020.
- The sharpest annual moves came in 2020 and 2023: Long-Term Investments jumped 1956.97% in 2020, then declined 14.2% in 2023.
- Over 5 years, Long-Term Investments stood at $21.6 million in 2020, then decreased by 1.51% to $21.3 million in 2021, then advanced by 7.08% to $22.8 million in 2022, then fell by 14.2% to $19.5 million in 2023, then declined by 1.14% to $19.3 million in 2024.
- According to Business Quant data, Long-Term Investments over the past three periods registered $19.3 million, $20.1 million, and $19.2 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 7.71 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 2.17 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.64 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 8.27 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 317.50 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 5.15 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 14.47 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 16.14 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 4.47 Bn |
| 10 | NGL Energy Partners | 2.22 Bn | 2.21 Bn | 305.58 Mn | - |
Historic Data
Download Data
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 |