NGL Energy Partners Q1 Earnings Call Highlights

3 weeks ago 11

MarketBeat

Wed, August 5, 2026 astatine 6:04 AM CDT 7 min read

Key Points

Interested successful NGL Energy Partners LP? Here are 5 stocks we similar better.
NGL Energy Partners reported a beardown fiscal Q1 2027: Consolidated adjusted EBITDA roseate astir 30% twelvemonth implicit twelvemonth to $186.2 million, driven by grounds produced-water disposal volumes and a 26% summation successful Water Solutions EBITDA.
Water Solutions maturation projects are expanding contracted capacity: Produced-water commitments reached astir 1.77 cardinal barrels per day, portion the LEX II Extension is expected to adhd proscription capableness and participate work by year-end.
The concern raised fiscal 2027 guidance to $725 million-$735 cardinal of adjusted EBITDA and expects leverage to diminution toward 4 times by year-end; it besides plans to redeem astir fractional of its remaining Class D preferred securities, with a common-unit organisation perchance returning afterward.

3 Natural Gas Stocks Set to Thrive successful This Winter's Freeze

NGL Energy Partners (NYSE:NGL) reported a beardown commencement to fiscal 2027, led by grounds produced-water disposal volumes and higher net from its Water Solutions segment, portion raising its full-year adjusted EBITDA outlook by $10 million.

The concern said consolidated adjusted EBITDA from continuing operations roseate to $186.2 cardinal successful the fiscal archetypal 4th from $143.9 cardinal a twelvemonth earlier, an summation of astir 30%. Water Solutions generated $179.9 cardinal of adjusted EBITDA, up 26% from $142.9 cardinal successful the prior-year play and representing 91% of concern EBITDA for the quarter.

→ SpaceX's First Earnings Report Could Decide Whether Shorts oregon Bulls Have Control

"We are pleased to study a beardown commencement to fiscal 2027 and continued execution connected our multi-year strategy of de-leveraging the equilibrium expanse done high-return h2o maturation projects," CFO Brad Cooper said connected the company's net call.

Record Water Volumes Drive Results

NGL physically disposed of astir 3.32 cardinal barrels per time of produced h2o during the quarter, a institution grounds and a 19.6% summation from 2.77 cardinal barrels per time successful the archetypal 4th of fiscal 2026. Total volumes for which the institution was paid, including deficiency volumes, were 3.43 cardinal barrels per day, compared with 3.06 cardinal barrels per time a twelvemonth earlier.

→ Financials Hit Record Highs arsenic the AI Trade Unravels—Can They Keep Leading?

Cooper attributed the Water Solutions net maturation chiefly to higher disposal volumes from contracted shaper customers, arsenic good arsenic accrued skim-oil revenue. Skim-oil volumes roseate with carnal h2o disposal activity, portion a flimsy summation successful skim-oil percent and higher crude prices connected unhedged skim-oil barrels besides benefited results.

Read Entire Article