NGL Energy Partners (NGL) Total Debt (2011 - 2026)
NGL Energy Partners' (NGL) quarterly Total Debt came in at $3.2 billion in Q1 2026, up 8.89% YoY from $3.0 billion in Q1 2025, and up 10.27% on a QoQ basis from $2.9 billion in Q4 2025.
NGL Energy Partners (NGL) Total Debt (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 16 years of Total Debt data on file, last reported at $3.2 billion in Q1 2026.
- Quarterly Total Debt rose 8.89% year-over-year to $3.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.2 billion (up 8.89% YoY) and the FY2026 annual result came in at $3.2 billion, up 8.89% from the prior year.
- Total Debt climbed to $3.2 billion in Q1 2026, from $2.9 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $3.5 billion in Q3 2022 to a low of $2.7 billion in Q4 2023.
- A 5-year average of $3.0 billion and a median of $3.0 billion in 2025 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2023 — Total Debt declined 19.38% — and 2024, when it rose 15.37%.
- Tracing NGL's Total Debt over 5 years: stood at $3.2 billion in 2022, then dropped by 16.78% to $2.7 billion in 2023, then climbed by 15.37% to $3.1 billion in 2024, then declined by 5.27% to $2.9 billion in 2025, then rose by 10.27% to $3.2 billion in 2026.
- The last three Total Debt figures came in at $3.2 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 32.25 Bn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 79.93 Bn |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 33.23 Bn |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 68.42 Bn |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 35.14 Bn |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 33.00 Bn |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 25.64 Bn |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 19.58 Bn |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 24.04 Bn |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 3.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.29 Bn |
| Mar 31, 2026 | 3.23 Bn |
| Dec 31, 2025 | 2.93 Bn |
| Sep 30, 2025 | 2.91 Bn |
| Jun 30, 2025 | 2.89 Bn |
| Mar 31, 2025 | 2.97 Bn |
| Dec 31, 2024 | 3.10 Bn |
| Sep 30, 2024 | 3.13 Bn |
| Jun 30, 2024 | 3.03 Bn |
| Mar 31, 2024 | 2.85 Bn |
| Dec 31, 2023 | 2.68 Bn |
| Sep 30, 2023 | 2.78 Bn |
| Jun 30, 2023 | 2.80 Bn |
| Mar 31, 2023 | 2.86 Bn |
| Dec 31, 2022 | 3.22 Bn |
| Sep 30, 2022 | 3.45 Bn |
| Jun 30, 2022 | 3.39 Bn |
| Mar 31, 2022 | 3.35 Bn |
| Dec 31, 2021 | 3.41 Bn |
| Sep 30, 2021 | 3.47 Bn |