NGL Energy Partners (NGL) Shares Outstanding (Diluted) (2010 - 2026)
NGL Energy Partners' Shares Outstanding (Diluted) came in at 128.09 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 2.8% from 131.75 million a year earlier but up 0.8% from the prior quarter.
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Analysis
NGL Energy Partners (NGL) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), NGL Energy Partners' Shares Outstanding (Diluted) was 127.02 million, down 3.9% from FY2025.
- Shares Outstanding (Diluted) carries a five-year compound annual growth rate of -0.3% (FY2021 to FY2026).
- Going back by fiscal year, Shares Outstanding (Diluted) was 132.2 million in FY2025 (unchanged), 132.15 million in FY2024 (+0.9%), 131.01 million in FY2023 (+0.9%) and 129.84 million in FY2022 (+0.7%).
- The five-year range for quarterly Shares Outstanding (Diluted) is 125.16 million (fiscal Q3 2026) to 134.49 million (fiscal Q3 2023).
- Year-over-year, Shares Outstanding (Diluted) has declined for five consecutive quarters, with an average decline of 2.0% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in fiscal Q3 2023 (growth of 3.6%), and the weakest in fiscal Q3 2026 (a decline of 5.2%).
- Business Quant data shows NGL's Shares Outstanding (Diluted) at 127.02 million (Q4 2026), 125.16 million (Q3 2026) and 127.31 million (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.19 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.19 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.46 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 2.23 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 1.04 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 215.20 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.02 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 209.50 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 632.00 Mn |
| 10 | NGL Energy Partners | 1.85 Bn | 1.82 Bn | 305.58 Mn | 128.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 128.09 Mn |
| Mar 31, 2026 | 127.02 Mn |
| Dec 31, 2025 | 125.16 Mn |
| Sep 30, 2025 | 127.31 Mn |
| Jun 30, 2025 | 131.75 Mn |
| Mar 31, 2025 | 132.20 Mn |
| Dec 31, 2024 | 132.01 Mn |
| Sep 30, 2024 | 132.27 Mn |
| Jun 30, 2024 | 132.51 Mn |
| Mar 31, 2024 | 132.15 Mn |
| Dec 31, 2023 | 132.50 Mn |
| Sep 30, 2023 | 131.93 Mn |
| Jun 30, 2023 | 131.93 Mn |
| Mar 31, 2023 | 131.01 Mn |
| Dec 31, 2022 | 134.49 Mn |
| Sep 30, 2022 | 130.70 Mn |
| Jun 30, 2022 | 130.70 Mn |
| Mar 31, 2022 | 129.84 Mn |
| Dec 31, 2021 | 129.81 Mn |
| Sep 30, 2021 | 129.59 Mn |
API Access
NGL Energy Partners Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "NGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();