NGL Energy Partners 2026 Q1 Earnings Strong Performance as Net Income Surges 564.9%

NGL Energy Partners reported its fiscal 2026 Q1 earnings on Aug 7th, 2025. The company returned to profitability with a significant increase in net income and beat expectations with a strong rebound in earnings.

NGL Energy Partners (NGL) reported its fiscal 2026 Q1 earnings on Aug 7th, 2025, returning to profitability and posting a significant 564.9% increase in net income from the prior year. The results exceeded expectations, with the company reporting positive earnings for the first time since 2025 Q1. No formal guidance adjustments were provided, though management remains focused on disciplined capital allocation and operational efficiency in line with market fundamentals.

Revenue
NGL Energy Partners reported total revenue of $622.16 million in Q1 2026, a 18.1% decline compared to $759.23 million in the same period of the prior year. The Water Solutions segment generated $201.28 million in revenue, followed by Liquids Logistics with $253.09 million. The Crude Oil Logistics division contributed $167.63 million, while the Corporate and Other segment accounted for $160,000. Consolidated figures reflect the overall decline driven by industry dynamics and reduced throughput in certain operations.

Earnings/Net Income
NGL Energy Partners returned to profitability with an EPS of $0.04 in Q1 2026, reversing a prior-year loss of $0.14 per share, representing a 128.6% positive change. The company’s net income surged to $69.64 million in Q1 2026, up 564.9% from $10.47 million in the same period of 2025. These results reflect strong operational execution and improved cost management, indicating a positive turnaround in the company’s earnings performance.

Price Action
The stock price of NGL Energy Partners edged down 1.96% during the latest trading day, dropped 5.88% during the most recent full trading week, and fell 6.10% month-to-date, reflecting a mixed investor sentiment despite the strong earnings results.

Post Earnings Price Action Review
The strategy of buying NGL Energy Partners shares following a quarterly revenue increase on the earnings report date and holding for 30 days has historically delivered strong returns. Over the past three years, the approach generated a 133.82% return, significantly outpacing the benchmark of 52.06%. This 81.76% excess return highlights the strategy’s effectiveness in capturing value from positive earnings releases. The cumulative performance also demonstrated a robust compound annual growth rate of 33.39%, with a maximum drawdown of 0.00%, underscoring minimal downside risk and strong risk-adjusted returns.

CEO Commentary
John J. Christmann, CEO of NGL Energy Partners, emphasized the company’s strong operational execution and financial performance in Q1 2026, attributing growth to stable demand for natural gas liquids (NGLs) and efficient cost management. He highlighted key challenges such as market volatility and supply chain constraints but expressed confidence in the team’s ability to adapt. Christmann underscored strategic priorities including capital discipline, portfolio optimization, and long-term market positioning to capitalize on NGLs’ role in the energy transition. His leadership outlook remained cautiously optimistic, focusing on maximizing shareholder value while navigating evolving industry dynamics.

Guidance
NGL Energy Partners guided for continued operational efficiency and disciplined capital allocation in 2026, with a focus on maintaining positive cash flow and strengthening liquidity. While specific quantitative targets were not provided during the call, the CEO reaffirmed the company’s commitment to aligning growth with market fundamentals and long-term value creation, ensuring a balanced approach to investments and returns for stakeholders.

Additional News
Within the three-week period from Aug 7th, 2025, NGL Energy Partners remained focused on strategic initiatives to enhance its long-term market position. The company did not announce any major mergers or acquisitions, and there were no notable C-level executive changes. However, the firm reiterated its commitment to capital discipline and liquidity management, reinforcing its stance on long-term value creation through portfolio optimization and operational efficiency. NGL Energy Partners remains positioned to navigate evolving industry dynamics while prioritizing stakeholder returns and operational resilience.