NGL Energy Partners reports Q4 EPS (11c) vs. ($2.04) last year

Reports Q4 revenue $971M vs. $1.04B last year. “The Partnership ended Fiscal 2025, with Adjusted EBITDA(1) $622.9 million, versus our previous guidance of $620 million. Water Solutions achieved record annual water disposal volumes processed and Adjusted EBITDA, and the Partnership executed on non-core asset sales at attractive multiples. These asset sales will reduce the volatility and seasonality of our Adjusted EBITDA and working capital requirements. Fiscal 2026 holds more opportunities to continue addressing our capital structure and strengthening our balance sheet,” stated Mike Krimbill, NGL‘s CEO. “We are guiding Fiscal 2026 full year consolidated Adjusted EBITDA(2) to a range of $615 -$625 million which is an increase over Fiscal 2025 actuals adjusted for EBITDA associated with asset sales. Also, we are guiding to $45 million in maintenance and $60 million of growth capital expenditures for Fiscal 2026.”