NGL Energy Partners NGL
NYSE NGL
$17.77 -0.40 (-2.20%)
At close: Sep 4, 2026 · 4:00 PM EDT

NGL Energy Partners (NGL) Operating Expenses (2010 - 2026)

NGL Energy Partners' (NGL) quarterly Operating Expenses came in at $78.9 million in Q2 2026, up 11.47% on a YoY basis from $70.8 million in Q2 2025, and little changed quarter-over-quarter from $78.7 million in Q1 2026.

Analysis

NGL Energy Partners (NGL) Operating Expenses (2010 - 2026) Analysis & Trends

NGL Energy Partners (NGL) has reported Operating Expenses for 17 consecutive years, with $78.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 11.47% year-over-year to $78.9 million; the trailing twelve-month figure through Jun 2026 stood at $301.7 million (up 1.56% YoY), and the FY2026 full-year result was $293.6 million, down 1.38% from the prior year.
  • Operating Expenses held at $78.9 million in Q2 2026 per NGL's latest filing, from $78.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $84.2 million in Q3 2022 and bottomed at $66.4 million in Q1 2024.
  • Historically, Operating Expenses has averaged $75.1 million across 5 years, with a median of $76.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses gained 21.93% in 2022, then retreated 13.74% in 2023.
  • Over 5 years, Operating Expenses stood at $81.4 million in 2022, then slipped by 2.75% to $79.1 million in 2023, then dropped by 6.36% to $74.1 million in 2024, then declined by 5.43% to $70.1 million in 2025, then climbed by 12.6% to $78.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $78.9 million, $78.7 million, and $70.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 3.13 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 16.13 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 30.76 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 354.10 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.93 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 4.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 19.09 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 132.00 Mn
10 NGL Energy Partners 2.22 Bn 2.21 Bn 305.58 Mn 78.89 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 78.89 Mn
Mar 31, 2026 78.67 Mn
Dec 31, 2025 70.06 Mn
Sep 30, 2025 74.09 Mn
Jun 30, 2025 70.77 Mn
Mar 31, 2025 75.65 Mn
Dec 31, 2024 74.08 Mn
Sep 30, 2024 76.57 Mn
Jun 30, 2024 71.39 Mn
Mar 31, 2024 66.42 Mn
Dec 31, 2023 79.12 Mn
Sep 30, 2023 77.39 Mn
Jun 30, 2023 76.68 Mn
Mar 31, 2023 67.22 Mn
Dec 31, 2022 81.35 Mn
Sep 30, 2022 84.16 Mn
Jun 30, 2022 71.86 Mn
Mar 31, 2022 77.93 Mn
Dec 31, 2021 72.81 Mn
Sep 30, 2021 69.02 Mn