NGL Energy Partners stock reports USD 990.0 million in Q1 revenue
Published on 09/30/2026 at 10:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNGL Energy Partners stock is backed by USD 989.99 million in revenue for the first quarter of fiscal 2027, ended June 30, 2026. The result came alongside USD 80.0 million in income from continuing operations, according to Quartr on September 2, 2026.
Q1 EBITDA rises 29 percent
The operating improvement was visible in adjusted EBITDA, which reached USD 186.2 million in Q1 fiscal 2027 versus USD 144.0 million in Q1 fiscal 2026. That 29 percent increase gives the quarterly revenue figure more weight because earnings growth outpaced the expansion of the business base.
Water Solutions supplied 91 percent of Q1 fiscal 2027 EBITDA, or USD 179.9 million, according to Quartr. Produced water disposal volumes reached 3.32 million barrels per day, up 19.6 percent from the prior-year quarter.
Guidance reaches USD 735 million
NGL Energy Partners raised its full-year fiscal 2027 adjusted EBITDA guidance to a range of USD 725 million to USD 735 million. The range implies a higher earnings base than the USD 661.3 million adjusted EBITDA reported for fiscal 2026, with Water Solutions and pipeline expansion providing the operating support.
The company also declared quarterly distributions for its Class B, Class C and Class D preferred units for the quarter ending September 30, 2026. Business Wire reported on September 17, 2026 that the Class B distribution was USD 0.7005 per unit and the Class C distribution was USD 0.6949 per unit, with payment scheduled for October 15, 2026.
Stock range remains wide
NGL Energy Partners had a market capitalization of USD 1.8 billion as of September 29, 2026. Its 52-week range was USD 5.80 to USD 19.06, leaving the market value sensitive to changes in water volumes, commodity logistics and the companys debt position.
For investors, the key comparison is the gap between the USD 661.3 million fiscal 2026 adjusted EBITDA base and the USD 725 million to USD 735 million fiscal 2027 target. Execution against that range will determine whether the recent operating gains translate into a higher full-year earnings profile.
NGL Energy Partners stock facts
- Company: NGL Energy Partners LP
- ISIN: US62913M1071
- Ticker: NGL
- Primary exchange: NYSE
- Market capitalization: USD 1.8 billion (as of September 29, 2026)
- 52-week range: USD 5.80-USD 19.06 (as of September 29, 2026)
- Sector / Industry: Energy / Oil and Gas Midstream
