The earnings call presents a mixed picture. While the Water Solutions segment performed strongly and the company successfully reduced its debt, the Crude Oil and Liquids Logistics segments faced challenges. The company has been proactive in capital management, suggesting potential for future growth.

Company Guidance

During the NGL Energy Partners' first-quarter fiscal year 2026 earnings call, the company provided several key metrics and guidance updates. Consolidated adjusted EBITDA for the quarter was $144 million, marking a 4% increase from the prior year's first quarter, primarily driven by the Water Solutions segment. The Water Solutions adjusted EBITDA rose by 13.8% to $142.9 million, with physical water disposal volumes increasing by 12.4% to 2.77 million barrels per day. The company reaffirmed its full-year adjusted EBITDA guidance of $615 million to $625 million. Crude Oil Logistics faced a decline with adjusted EBITDA at $9.6 million, impacted by reduced sales and lower crude oil prices. Liquids Logistics EBITDA was $2.9 million, focusing on butane blending for future growth. The company also engaged in strategic financial maneuvers, purchasing $19 million of 2032 notes at a discount and repurchasing a significant portion of Class D preferred units and common units. Management remains focused on reducing leverage and improving the balance sheet while being open to revising guidance based on future performance.

Increase in Consolidated Adjusted EBITDA

Consolidated adjusted EBITDA for the quarter was $144 million, a 4% increase from $138.6 million in the prior year's first quarter.

Strong Performance of Water Solutions Segment

Water Solutions adjusted EBITDA increased by 13.8%, reaching $142.9 million versus $125.6 million in the prior year's first quarter. Physical water disposal volumes also increased by 12.4%.

Successful Debt Reduction and Asset Sales

The company closed sales of its Rack marketing business, Limestone Ranch interest, and a majority of the wholesale propane business, using proceeds to pay down the ABL and other debts.

Opportunistic Capital Allocation

The company purchased $19 million of outstanding 2032 notes at a discount and repurchased 70,000 units of Class D preferred units. Additionally, they repurchased 4.7 million common units.

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

Daily Earnings Calendar >

NGL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2026 (Q2)	0.00 / -	-0.21	―	―	―
Aug 07, 2025	2026 (Q1)	-0.11 / 0.04	-0.14	128.57% (+0.18)
May 29, 2025	2025 (Q4)	0.01 / -0.12	-2.05	94.15% (+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	-0.21	76.19% (+0.16)
Aug 09, 2023	2024 (Q1)	0.16 / -0.11	-0.04	-175.00% (-0.07)

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
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%
Nov 12, 2024	$4.13	$4.33	+4.84%

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 Lp (NGL) report earnings?

Ngl Energy Partners Lp (NGL) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Ngl Energy Partners Lp (NGL) earnings time?

Ngl Energy Partners Lp (NGL) earnings time is at Nov 05, 2025, 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 (Q2) is 0.

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