NGL Energy Partners stock falls 3.70 percent after payout news
Published on 09/24/2026 at 23:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
NGL Energy Partners stock fell 3.70 percent to USD 15.35 on the NYSE on September 24, 2026, placing the unit price 19.5 percent below its 52-week high of USD 19.06. The move followed a September 17 distribution announcement covering the partnership's preferred units.
Preferred payouts set for October
Yahoo Finance reported that NGL Energy Partners declared quarterly distributions for the Class B, Class C and Class D preferred units for the quarter ending September 30, 2026.
Class B holders are due USD 0.7005 per unit and Class C holders USD 0.6949 per unit on October 15, 2026. The Class D distribution totals USD 8,810,832.22, with October 1, 2026 set as the record date.
EBITDA growth changes the picture
The operating trend is stronger than the daily share move suggests. According to Quartr, Q1 FY2027 adjusted EBITDA reached USD 186.2 million, up 29 percent from USD 144.0 million in Q1 FY2026.
Quartr also reported FY2027 adjusted EBITDA guidance of USD 725 million to USD 735 million. That range implies a quantified comparison with the prior year's USD 661.3 million adjusted EBITDA and puts water operations at the center of the earnings narrative.
Quarterly results beat consensus
MarketBeat reported Q1 FY2027 adjusted earnings per unit of USD 0.48 versus a USD 0.11 consensus estimate. Revenue reached USD 989.99 million against consensus of USD 346.13 million, a USD 643.86 million difference.
The figures create a clear split for investors. NGL Energy Partners is distributing cash to preferred-unit holders while its operating metrics show higher EBITDA and revenue than consensus, yet the common-unit price remains 19.5 percent below the 52-week high.
Stock remains below yearly high
NGL Energy Partners stock stood at USD 15.35 on the NYSE on September 24, 2026, with a market capitalization of USD 1,915,894,900. Its 52-week range was USD 5.80 to USD 19.06, keeping the current price USD 3.71 below the upper end of that range.
NGL Energy Partners stock facts
- Company: NGL Energy Partners LP
- Ticker: NGL
- Trading venue: NYSE
- Price as of September 24, 2026: USD 15.35
- Market capitalization: USD 1,915,894,900 as of September 24, 2026
- 52-week range: USD 5.80-19.06 as of September 24, 2026
- Sector / Industry: Energy / Oil and Gas Midstream
