NGL Energy Partners LP Q3 2026 Earnings Recap

NGL Q3 2026 February 4, 2026

Get alerts when NGL reports next quarter

NGL Energy Partners achieved a strong quarter, reporting a 9.2% increase in adjusted EBITDA to $172.5 million, driven by record water disposal volumes and strategic financial maneuvers.

Earnings Per Share Miss

$0.10 vs $0.16 est.

-37.5% surprise

Revenue Beat

909816000 vs 804379500 est.

+13.1% surprise

Market Reaction

1-Day -0.25%

5-Day +2.02%

30-Day +0.93%

See NGL alongside your other holdings

Add to your portfolio — free

Key Takeaways

Water Solutions segment reported record adjusted EBITDA of $154.5 million, a 16.5% year-over-year increase.
Successful execution of financial strategy included redeeming 15% of Class D preferred equity and repurchasing 1.6 million common units.
Adjusted EBITDA guidance for fiscal 2026 remains steady at $650 to $660 million, with a projected first-ever EBITDA of over $700 million for fiscal 2027.
Daily water disposal volumes reached a record 3.5 million barrels on January 16, with ongoing investments enhancing operational capacity.
Continued focus on AI-driven operational efficiencies and a partnership with Natura Resources aims to bolster long-term water treatment capabilities.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit NGL on AllInvestView.