profit from every $100 of sales.
$0$100
NGL Energy Partners LP
$15.61-0.95% today
+56.4% in 1 year
1-year low $8.821-year high $18.97
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What NGL Energy Partners LP sold, what it kept, and what it did with the cash.
Sales went from $5.68 billion in 2023 to $3.16 billion in 2026, with -$142 million of profit last year.
SalesProfit
NGL Energy Partners LP handed back more cash to shareholders than it generated last year.
Buybacks $470M
Free cash flow 2026$145M
Bought back its own shares$470M
Paid as dividends$113M
Cash vs. debt$9M vs. $3.4B
NGL Energy Partners LP vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| NGL Energy Partners LP | No profit yet | ||
 Enbridge | 20.3× · Fair price | ||
 The Williams Companies | 32.9× · Expensive | ||
 Enterprise Products Partners L.P. | 13.8× · Cheap | ||
 Kinder Morgan | 23.0× · Fair price |
AI analysis
An AI analyst reads NGL Energy Partners LP's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 5,679 | 4,153 | 3,469 | 3,156 | |
| 716 | 702 | 707 | 719 | |
| 331 | 278 | 361 | 351 | |
| 558 | 380 | 595 | 336 | |
| 51 | -144 | 39 | -142 | |
| -0.56 | -2.14 | -0.60 | -3.19 | |
| 12.6% | 16.9% | 20.4% | 22.8% | |
| 5.8% | 6.7% | 10.4% | 11.1% | |
| 0.9% | -3.5% | 1.1% | -4.5% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 5,456 | 5,020 | 4,609 | 4,176 |
| Cash | 5 | 39 | 6 | 9 |
| Total debt | 2,950 | 2,951 | 3,084 | 3,350 |
| Total liabilities | 4,138 | 4,021 | 3,912 | 4,182 |
| 0 | 0 | 0 | 0 | |
| 131 | 132 | 132 | 127 | |
| 7.2% | 2.6% | 8.4% | 1.6% | |
| – | – | – | – |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 445 | 376 | 297 | 366 | |
| 148 | 152 | 246 | 221 | |
| 297 | 224 | 52 | 145 | |
| Dividends paid | 0 | 178 | 305 | 113 |
| 0 | 0 | 2 | 470 | |
| 3 | 1 | 0 | 11 |
Valuation
- –
- 19.0×
- –
- 3.6×
- 0.6×
- 13.4×
- 15.7×
- 7.5%
- -7.4%
- 0.0%
Profitability
- 22.8%
- 11.1%
- -4.5%
- 20.1%
- 1.6%
- 5.1%
- 24.4%
- 3.6%
- 11.0%
- –
Growth
- −17.8%
- –
- +0.0%
- −18.8%
- −1.0%
Financial health
- 9.9×
- 5.05
- 71.9%
- 0.3×
- 1.05
- 0.99
- 0.73
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 16%of 467
Bottom 44%of 466
Bottom 7%of 460
Top 34%of 459
What analysts expect
- Average price target
- $2.00
- Range
- $2.00 – $2.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 3, 2026 | 0.10 | 0.16 | −37.5% |
| Nov 4, 2025 | 0.02 | – | – |
| Aug 7, 2025 | -0.27 | -0.11 | −145.5% |
| May 29, 2025 | 0.07 | 0.01 | +600.0% |
| Feb 10, 2025 | -0.12 | 0.13 | −192.3% |
| Nov 12, 2024 | -0.21 | 0.08 | −362.5% |
| Aug 8, 2024 | -0.14 | 0.08 | −275.0% |
| Jun 6, 2024 | -0.38 | 0.19 | −300.0% |
News
Bloom Energy’s stock rallies as data-center jitters subsideMarketWatch · Nov 11, 2026Stock Market Today: Nasdaq Jumps As CoreWeave Results Fuel AI Stampede; Bloom Energy, Dell Soar (Live Coverage)Yahoo Finance · Nov 11, 2026Total Energy Services GAAP EPS of C$0.59, revenue of C$342.96MSeeking Alpha · Nov 11, 2026Ur-Energy outlines $26M Lost Creek wastewater spend as MU5 production targets Q1 2027Seeking Alpha · Nov 10, 2026National Energy Services Reunited declares $0.10 dividendSeeking Alpha · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
16No pass
Benjamin Graham
4No pass
Philip Fisher
28No pass
Peter Lynch
1No pass
Joel Greenblatt
0No pass
Charlie Munger
15No pass
Terry Smith
9No pass
Questions about NGL Energy Partners LP
Is NGL Energy Partners LP a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NGL Energy Partners LP AI analysis
What does NGL Energy Partners LP do?
NGL Energy Partners LP engages in the crude oil, condensate, natural gas liquids, crude oil and produced water businesses in the United States. It operates through three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. It is in Oil & Gas Midstream.
Does NGL Energy Partners LP pay a dividend?
Yes. In 2026 it paid out $113 million in dividends.
Is NGL Energy Partners LP stock halal?
No. NGL Energy Partners LP does not pass our halal screen: its debt is 173% of its market value, at or above the 33% limit. How we check
How has NGL Energy Partners LP stock done over the past year?
Up 56.4% over the past twelve months, to $15.61. It traded between $8.82 and $18.97 and is 17.7% below its high.
Who are NGL Energy Partners LP's competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Kinder Morgan. The peers table on this page compares their profit, growth and price with NGL Energy Partners LP's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.