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

NGL Energy Partners (NGL) posted Operating Expenses of $78.7 million for Q1 2026, up 12.3% on a QoQ basis from $70.1 million in Q4 2025, and up 3.99% year-over-year from $75.7 million in Q1 2025.

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

NGL Energy Partners' Operating Expenses history runs 17 years deep, the most recent figure standing at $78.7 million for Q1 2026.

  • Quarterly Operating Expenses rose 3.99% year-over-year to $78.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $293.6 million (down 1.38% YoY) and the FY2026 annual result came in at $293.6 million, down 1.38% from the prior year.
  • Operating Expenses was $78.7 million for Q1 2026 at NGL Energy Partners, up from $70.1 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.
  • A 5-year average of $74.9 million and a median of $75.7 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses climbed 21.93% — and 2023, when it slipped 13.74%.
  • NGL Energy Partners' 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 gained by 12.3% to $78.7 million in 2026.
  • Business Quant data shows NGL's Operating Expenses at $78.7 million in Q1 2026, $70.1 million in Q4 2025, and $74.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 NGL Energy Partners 2.13 Bn 2.12 Bn 217.25 Mn 78.67 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 65.78 Mn