v3.25.4

Income (Loss) Per Common Unit (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2025 | Dec. 31, 2024
Income (Loss) Per Common Unit |  |  |  |
Income from continuing operations | $ 48,194 | $ 23,740 | $ 108,271 | $ 48,836
Less: Net income from continuing operations attributable to nonredeemable noncontrolling interests | (992) | (1,053) | (2,187) | (2,777)
Less: Net income from continuing operations attributable to redeemable noncontrolling interests | (18) | (15) | (82) | (20)
Net income from continuing operations attributable to NGL Energy Partners LP | 47,184 | 22,672 | 106,002 | 46,039
Less: Distributions to preferred unitholders (1) | (35,200) | (28,935) | (124,936) | (88,501)
Less: Net (income) loss from continuing operations allocated to the GP (2) | (12) | 7 | 19 | 43
Net income (loss) from continuing operations allocated to common unitholders, basic | 11,972 | (6,256) | (18,915) | (42,419)
Net income (loss) from continuing operations allocated to common unitholders, diluted | 11,972 | (6,256) | (18,915) | (42,419)
(Loss) income from discontinued operations, net of tax | (5) | (9,165) | 39,383 | (20,395)
Less: Net loss (income) from discontinued operations allocated to the GP (2) | 0 | 9 | (39) | 20
Net (loss) income from discontinued operations allocated to common unitholders, basic | (5) | (9,156) | 39,344 | (20,375)
Net (loss) income from discontinued operations allocated to common unitholders, diluted | (5) | (9,156) | 39,344 | (20,375)
NET INCOME (LOSS) ALLOCATED TO COMMON UNITHOLDERS (NOTE 3) | $ 11,967 | $ (15,412) | $ 20,429 | $ (62,794)
Limited Partner |  |  |  |
Income (Loss) Per Common Unit |  |  |  |
Basic weighted average common units outstanding (in units) | 125,158,912 | 132,012,766 | 128,058,564 | 132,265,839
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) | 125,158,912 | 132,012,766 | 128,058,564 | 132,265,839
Income (loss) from continuing operations, basic | $ 0.10 | $ (0.05) | $ (0.15) | $ (0.32)
Income (loss) from continuing operations, diluted | 0.10 | (0.05) | (0.15) | (0.32)
(Loss) income from discontinued operations, net of tax, basic | 0 | (0.07) | 0.31 | (0.15)
(Loss) income from discontinued operations, net of tax, diluted | 0 | (0.07) | 0.31 | (0.15)
Basic income (loss) per common unit | 0.10 | (0.12) | 0.16 | (0.47)
Diluted income (loss) per common unit | $ 0.10 | $ (0.12) | $ 0.16 | $ (0.47)

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