NGL Energy Partners LP Announces Second Quarter Fiscal 2027 Financial Results
Business Wire•05/11/2026•16:35 ET
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Key Highlights
- ➤Adjusted EBITDA $192.4 million, up 15% year over year
- ➤Raised Fiscal 2027 Adjusted EBITDA guidance to $735-$745 million
- ➤Produced water volumes physically disposed reached record 3.45 million barrels per day
- ➤Loss from continuing operations $42.6 million, including a $58.1 million impairment charge
- ➤LEX II Extension expands pipeline to 81 miles and 560,000 barrels-per-day capacity
Expert Statements
Mike Krimbill, CEO of NGL Energy Partners LP
“NGL had another strong quarter driven by our Water Solutions segment. We continue to see growth opportunities in the Water Solutions segment that will set the Partnership up for a strong exit of this fiscal year. We are raising our full year guidance for the second time from Adjusted EBITDA((2)) of $725-$735 million to $735-$745 million”
NGL Energy Partners LP Announces Second Quarter Fiscal 2027 Financial Results
NGL Energy Partners LP (NYSE:NGL) (“NGL,” “we,” “us,” “our,” or the “Partnership”) today reported its second quarter Fiscal 2027 financial results. Highlights include:
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