NGL Energy Partners (NGL) Operating Leases (2019 - 2026)
NGL Energy Partners' (NGL) quarterly Operating Leases came in at $117.6 million in Q2 2026, little changed on a YoY basis from $117.6 million in Q2 2025, and up 43.18% quarter-over-quarter from $82.2 million in Q1 2026.
Analysis
NGL Energy Partners (NGL) Operating Leases (2019 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported Operating Leases for 8 consecutive years, with $117.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases changed 0.0% year-over-year to $117.6 million; the trailing twelve-month figure through Jun 2026 stood at $117.6 million (changed 0.0% YoY), and the FY2026 full-year result was $82.2 million, down 3.61% from the prior year.
- Operating Leases grew to $117.6 million in Q2 2026 per NGL's latest filing, from $82.2 million in the prior quarter.
- Across five years, Operating Leases topped out at $121.9 million in Q4 2025 and bottomed at $58.5 million in Q1 2023.
- Historically, Operating Leases has averaged $97.0 million across 5 years, with a median of $98.5 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Leases dropped 29.75% in 2022, then rose 23.44% in 2025.
- Over 5 years, Operating Leases stood at $86.4 million in 2022, then climbed by 19.99% to $103.7 million in 2023, then rose by 12.11% to $116.2 million in 2024, then climbed by 4.92% to $121.9 million in 2025, then retreated by 3.53% to $117.6 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $117.6 million, $82.2 million, and $121.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 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 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | NGL Energy Partners | 2.22 Bn | 2.21 Bn | 305.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 117.63 Mn |
| Mar 31, 2026 | 82.16 Mn |
| Dec 31, 2025 | 121.94 Mn |
| Sep 30, 2025 | 114.19 Mn |
| Jun 30, 2025 | 117.64 Mn |
| Mar 31, 2025 | 85.24 Mn |
| Dec 31, 2024 | 116.22 Mn |
| Sep 30, 2024 | 101.78 Mn |
| Jun 30, 2024 | 95.30 Mn |
| Mar 31, 2024 | 70.60 Mn |
| Dec 31, 2023 | 103.67 Mn |
| Sep 30, 2023 | 97.35 Mn |
| Jun 30, 2023 | 99.70 Mn |
| Mar 31, 2023 | 58.50 Mn |
| Dec 31, 2022 | 86.40 Mn |
| Sep 30, 2022 | 97.35 Mn |
| Jun 30, 2022 | 107.63 Mn |
| Mar 31, 2022 | 72.80 Mn |
| Dec 31, 2021 | 122.45 Mn |
| Sep 30, 2021 | 132.84 Mn |