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

NGL Energy Partners (NGL) reported its fiscal 2026 Q1 earnings on Aug 08th, 2025. The company posted a substantial turnaround in profitability, with net income surging 564.9% year-over-year, while revenue declined. Management provided positive guidance on earnings momentum and operational efficiency, reinforcing confidence in its strategic direction.

The total revenue of NGL Energy Partners decreased by 18.1% to $622.16 million in 2026 Q1, down from $759.23 million in the prior year. Despite the decline, the company maintained a strong presence across its core segments, with Liquids Logistics leading the way. The Liquids Logistics segment generated $253.09 million in revenue, representing its largest contribution. The Water Solutions segment also remained a key driver, reporting revenue of $201.28 million. Crude Oil Logistics added $167.63 million to the top line, while the Corporate and Other segment contributed $160,000.

NGL Energy Partners returned to profitability with EPS of $0.04 in 2026 Q1, reversing from a loss of $0.14 per share in 2025 Q1, representing a 128.6% positive change. Meanwhile, the company's profitability strengthened significantly, with net income of $69.64 million in 2026 Q1, marking a 564.9% growth from $10.47 million in the prior year. This impressive improvement in net income reflects strong operational execution and cost management, underscoring the company’s resilience and strategic focus.

The stock price of NGL Energy Partners has edged up 0.67% during the latest trading day, has jumped 9.49% during the most recent full trading day, and has climbed 5.14% month-to-date.

The strategy of buying NGL Energy Partners shares after a revenue raise quarter-over-quarter on the financial report release date and holding for 30 days delivered strong returns over the past three years. The strategy achieved a 133.82% return, significantly outperforming the benchmark return of 52.06%. The excess return was 81.76%, indicating the strategy's ability to capitalize on positive earnings news. With a CAGR of 33.39% and a maximum drawdown of 0.00%, the strategy also showcased robust risk-adjusted returns and minimal downside risk.

NGL Energy Partners CEO John J. D’Agostino emphasized robust operational performance driven by strong market demand for natural gas liquids (NGLs), highlighting the company’s strategic positioning in the energy sector. He noted that the team has effectively navigated industry challenges, including logistical constraints and price volatility, by leveraging long-term contracts and optimizing production efficiency. Looking ahead, the CEO underscored continued investment in midstream infrastructure to enhance capacity and reduce costs, aligning with the company’s mission to provide reliable, low-cost energy solutions. His tone was optimistic, expressing confidence in the company’s ability to deliver sustainable growth amid evolving market dynamics.

The company guided to continued earnings momentum, with the CEO stating, “we expect to maintain a disciplined approach to capital allocation, prioritizing returns and long-term value creation,” while affirming confidence in sustaining strong cash flow generation. No specific numerical targets were provided in the official report, but the company reiterated its focus on operational efficiency and strategic expansion in key NGL markets to drive future performance.

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