NGL Energy Partners (NGL) Operating Income (2010 - 2026)
NGL Energy Partners' (NGL) quarterly Operating Income came in at -$206.6 million in Q1 2026, down 354.7% YoY from $81.1 million in Q1 2025, and down 288.43% on a QoQ basis from $109.6 million in Q4 2025.
NGL Energy Partners (NGL) Operating Income (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 17 years of Operating Income data on file, last reported at -$206.6 million in Q1 2026.
- Quarterly Operating Income fell 354.7% year-over-year to -$206.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $94.7 million (down 71.24% YoY) and the FY2026 annual result came in at $94.7 million, down 71.24% from the prior year.
- Operating Income fell to -$206.6 million in Q1 2026, from $109.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $109.6 million in Q4 2025 to a low of -$206.6 million in Q1 2026.
- A 5-year average of $51.1 million and a median of $82.1 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income surged 225.86% — and 2024, when it sank 565.35%.
- Tracing NGL's Operating Income over 5 years: stood at $102.7 million in 2022, then declined by 0.86% to $101.8 million in 2023, then slipped by 16.83% to $84.7 million in 2024, then grew by 29.52% to $109.6 million in 2025, then tumbled by 288.43% to -$206.6 million in 2026.
- The last three Operating Income figures came in at -$206.6 million (Q1 2026), $109.6 million (Q4 2025), and $94.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 2.10 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 384.60 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.38 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 1.59 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 1.23 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 4.29 Bn |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 145.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 145.32 Mn |
| Mar 31, 2026 | -206.62 Mn |
| Dec 31, 2025 | 109.65 Mn |
| Sep 30, 2025 | 94.25 Mn |
| Jun 30, 2025 | 97.45 Mn |
| Mar 31, 2025 | 81.12 Mn |
| Dec 31, 2024 | 84.66 Mn |
| Sep 30, 2024 | 81.49 Mn |
| Jun 30, 2024 | 82.08 Mn |
| Mar 31, 2024 | -97.93 Mn |
| Dec 31, 2023 | 101.79 Mn |
| Sep 30, 2023 | 86.03 Mn |
| Jun 30, 2023 | 72.02 Mn |
| Mar 31, 2023 | -14.72 Mn |
| Dec 31, 2022 | 102.67 Mn |
| Sep 30, 2022 | 68.77 Mn |
| Jun 30, 2022 | 87.26 Mn |
| Mar 31, 2022 | 38.45 Mn |
| Dec 31, 2021 | 49.11 Mn |
| Sep 30, 2021 | 64.82 Mn |