NGL Energy Partners LPNGL
▲ PositiveCapitalrelevance
Swings to profit with positive EPS from continuing operations, indicating improved financial performance.
Impact on stocks 1
Energy
NGL Energy Partners LPNGL Energy Partners reported first-quarter 2026 results with revenue rising to US$989.99 million and net income of US$78.73 million, as earnings per share from continuing operations turned positive at US$0.48 compared with a loss of US$0.26 a year earlier. The swing to profitability highlights a meaningful shift in the partnership's operating performance, though it does not erase the sizeable loss reported for fiscal 2025 or a history of uneven results. Near-term catalysts include whether the improved performance is repeated in coming quarters and how aggressively management continues unit buybacks alongside high-cost preferred payouts. The Simply Wall St Community's single fair value estimate of US$24.63 suggests some see meaningful upside, yet recent earnings volatility and heavy preferred obligations could still weigh on long-term performance.
NGL Energy Partners LPSwings to profit with positive EPS from continuing operations, indicating improved financial performance.