NGL Energy Partners stock reports a profitable quarter

Published on 10/07/2026 at 04:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NGL Energy Partners stock posted USD 989.99 million in Q1 revenue on June 30, 2026, beating the estimate by 186.0 percent. Net income reached USD 78.73 million.

NGL, US62913M1071, Illustration mit AI erstellt.

NGL Energy Partners stock (ISIN US62913M1071) was last at USD 15.68 on the NYSE on October 6, 2026, down 0.44 percent for the session. The key company figure is the latest quarter: NGL generated USD 989.99 million in revenue and USD 78.73 million in net income for the quarter ended June 30, 2026, according to Earnings Today.

Revenue beats the estimate

The first fiscal quarter of 2027 delivered adjusted EPS of USD 0.17 against an estimate of USD 0.11, a 54.5 percent beat. Revenue exceeded the USD 346.13 million estimate by 186.0 percent, giving the results a much stronger operating signal than the share price movement on October 6.

Earnings Today also reported gross margin of 30.9 percent and operating income of USD 145.32 million for the June 30, 2026 quarter. Operating cash flow was USD 77.04 million, while free cash flow stood at negative USD 31.72 million, showing that capital spending remains a material counterweight to the profit improvement.

Water and logistics drive the story

NGL operates crude oil and liquids logistics alongside water solutions, with its business concentrated in midstream infrastructure. The latest quarter's USD 989.99 million revenue and USD 145.32 million operating income indicate that the company is converting activity across those networks into positive operating earnings.

The balance between earnings and cash generation matters for NGL because the quarter combined USD 78.73 million of net income with USD 77.04 million of operating cash flow and negative USD 31.72 million of free cash flow. That spread gives the upcoming earnings date particular importance for investors assessing whether the first-quarter improvement can translate into sustained cash generation.

Next earnings date is November 3

Earnings Today lists November 3, 2026, as NGL's next scheduled report date. NGL stock was last at USD 15.68 on the NYSE on October 6, 2026, against a 52-week range of USD 6.02 to USD 19.06.