NGL Energy Partners (NGL) Operating Leases (2019 - 2026)
NGL Energy Partners' (NGL) quarterly Operating Leases came in at $115.6 million in Q1 2026, up 35.64% YoY from $85.2 million in Q1 2025, and up 30.49% on a QoQ basis from $88.6 million in Q4 2025.
NGL Energy Partners (NGL) Operating Leases (2019 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 8 years of Operating Leases data on file, last reported at $115.6 million in Q1 2026.
- Quarterly Operating Leases rose 35.64% year-over-year to $115.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $115.6 million (up 35.64% YoY) and the FY2026 annual result came in at $115.6 million, up 35.64% from the prior year.
- Operating Leases advanced to $115.6 million in Q1 2026, from $88.6 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $117.6 million in Q2 2025 to a low of $58.4 million in Q1 2023.
- A 5-year average of $84.7 million and a median of $85.2 million in 2025 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases plunged 39.61% — and 2024, when it soared 46.62%.
- Tracing NGL's Operating Leases over 5 years: stood at $86.4 million in 2022, then gained by 19.99% to $103.7 million in 2023, then dropped by 16.05% to $87.0 million in 2024, then increased by 1.81% to $88.6 million in 2025, then soared by 30.49% to $115.6 million in 2026.
- The last three Operating Leases figures came in at $115.6 million (Q1 2026), $88.6 million (Q4 2025), and $84.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 117.63 Mn |
| Mar 31, 2026 | 115.62 Mn |
| Dec 31, 2025 | 88.60 Mn |
| Sep 30, 2025 | 84.94 Mn |
| Jun 30, 2025 | 117.64 Mn |
| Mar 31, 2025 | 85.24 Mn |
| Dec 31, 2024 | 87.03 Mn |
| Sep 30, 2024 | 74.12 Mn |
| Jun 30, 2024 | 95.30 Mn |
| Mar 31, 2024 | 70.57 Mn |
| Dec 31, 2023 | 103.67 Mn |
| Sep 30, 2023 | 63.98 Mn |
| Jun 30, 2023 | 65.00 Mn |
| Mar 31, 2023 | 58.45 Mn |
| Dec 31, 2022 | 86.40 Mn |
| Sep 30, 2022 | 62.09 Mn |
| Jun 30, 2022 | 107.63 Mn |
| Mar 31, 2022 | 72.80 Mn |
| Dec 31, 2021 | 122.45 Mn |
| Sep 30, 2021 | 87.39 Mn |