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NGL Energy Partners (NGL)
:NGL
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NGL Energy Partners (NGL) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 05, 2026
Before Open (Confirmed)
Period Ending
2026 (Q3)
Consensus EPS Forecast
0.09
Last Year’s EPS
-0.12
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q2 2026
Earnings Call Date:Nov 04, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance for NGL Energy Partners, with record growth in key segments and increased financial guidance. The strategic financial and operational moves, particularly in the Water Solutions segment, highlight a positive trajectory. However, increased capital expenditures for growth signal a need for careful financial management.
Company Guidance
In the NGL Energy Partners' 2Q '26 earnings call, CFO Brad Cooper outlined several key financial and operational metrics. The company achieved record water volumes and a 30% increase in Grand Mesa volumes, leading to a consolidated adjusted EBITDA of $167.3 million, up 12% from the prior year. The Water Solutions segment was a significant contributor, with a second-quarter adjusted EBITDA of $151.9 million, an 18% increase from the previous year. NGL revised its full-year adjusted EBITDA guidance upwards to a range of $650 million to $660 million. The company also highlighted efforts to optimize its capital structure, including a reduction in its Term Loan B SOFR margin and the repurchase of 88,506 Class D preferred units, resulting in $10.4 million in annual distribution savings. Additionally, the Delaware Basin operations reported 3 million barrels per day of water disposal volumes and substantial growth in committed volumes, supported by 800 miles of pipeline infrastructure. The strategic focus on water solutions is expected to drive further growth, with an initial fiscal 2027 adjusted EBITDA guidance of at least $700 million.
Record Water Volumes and Grand Mesa Growth
NGL Energy Partners reported a record in water volumes and a 30% growth in Grand Mesa volumes. Consolidated adjusted EBITDA from continuing operations was $167.3 million, up 12% from the previous year, driven by the Water Solutions segment.
Increased Full Year Adjusted EBITDA Guidance
NGL increased its full year adjusted EBITDA guidance to $650 million to $660 million, up from the previous range of $615 million to $625 million, reflecting strong performance and growth opportunities in the Water Solutions segment.
Reduction in Term Loan B Interest Rates
NGL repriced its Term Loan B to reduce the SOFR margin from 375 basis points to 350 basis points, with annual interest savings of $15 million, showing effective financial management.
Strong Water Solutions Performance
Water Solutions adjusted EBITDA was $151.9 million, an 18% increase from the previous year, driven by higher disposal revenues and increased skim oil revenue.
Strategic Capital Allocation
NGL purchased 88,506 Class D preferred units, saving $10.4 million in annual distributions, and repurchased 6.8 million common units, reflecting strategic capital allocation.
Significant Delaware Basin Capacity
NGL has over 5 million barrels per day of permitted injection capacity in the Delaware Basin and is pioneering the first large-scale produced water treatment plant in the area.

NGL Energy Partners (NGL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

NGL Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 05, 2026
2026 (Q3)
0.09 / -
-0.12
Nov 04, 2025
2026 (Q2)
0.00 / 0.02
-0.21109.52% (+0.23)
Aug 07, 2025
2026 (Q1)
-0.11 / 0.04
-0.14128.57% (+0.18)
May 29, 2025
2025 (Q4)
0.01 / -0.12
-2.0594.15% (+1.93)
Feb 10, 2025
2025 (Q3)
0.20 / -0.12
0.08-250.00% (-0.20)
Nov 12, 2024
2025 (Q2)
0.07 / -0.21
-0.05-320.00% (-0.16)
Aug 08, 2024
2025 (Q1)
0.07 / -0.14
-0.11-27.27% (-0.03)
Jun 06, 2024
2024 (Q4)
0.29 / -2.05
-0.51-301.96% (-1.54)
Feb 08, 2024
2024 (Q3)
0.14 / 0.08
0.19-57.89% (-0.11)
Nov 09, 2023
2024 (Q2)
-0.29 / -0.05
-0.2176.19% (+0.16)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

NGL Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 04, 2025
$6.78$8.57+26.40%
Aug 07, 2025
$4.00$4.50+12.50%
May 29, 2025
$3.22$3.49+8.39%
Feb 10, 2025
$5.50$4.37-20.55%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does NGL Energy Partners (NGL) report earnings?
NGL Energy Partners (NGL) is schdueled to report earning on Feb 05, 2026, Before Open (Confirmed).
    What is NGL Energy Partners (NGL) earnings time?
    NGL Energy Partners (NGL) earnings time is at Feb 05, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is NGL EPS forecast?
          NGL EPS forecast for the fiscal quarter 2026 (Q3) is 0.09.
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