v3.25.4
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2025
Mar. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 6,476 $ 5,649
Accounts receivable, allowance for expected credit losses 1,255 3,689
Inventories 78,809 69,916
Prepaid expenses and other current assets 37,963 63,651
Assets held for sale 0 175,207
Total current assets 721,395 962,053
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of $1,229,618 and $1,104,582, respectively 2,102,797 2,066,847
PROPERTY, PLANT AND EQUIPMENT, accumulated depreciation (1,229,618) (1,104,582)
GOODWILL 599,348 599,348
INTANGIBLE ASSETS, net of accumulated amortization of $383,152 and $340,334, respectively 819,996 851,347
INTANGIBLE ASSETS, accumulated amortization (383,152) (340,334)
OPERATING LEASE RIGHT-OF-USE ASSETS 119,462 109,870
OTHER NONCURRENT ASSETS 19,587 19,975
Total assets 4,382,585 4,609,440
CURRENT LIABILITIES:    
Accrued expenses and other payables 139,168 135,233
Advance payments received from customers 13,685 10,347
Current maturities of long-term debt 8,918 8,805
Operating lease obligations 33,337 27,911
Liabilities held for sale 0 42,103
Total current liabilities 646,776 739,230
Long-term debt, net 2,924,455 2,961,703
Debt issuance costs, noncurrent, net (37,691) (43,144)
OPERATING LEASE OBLIGATIONS 88,604 85,240
OTHER NONCURRENT LIABILITIES 132,904 125,897
COMMITMENTS AND CONTINGENCIES (NOTE 7)
REDEEMABLE NONCONTROLLING INTERESTS 506 424
EQUITY:    
General partner, representing a 0.1% interest, 124,236 and 132,145 notional units, respectively (52,893) (52,913)
Limited partners, representing a 99.9% interest, 124,111,415 and 132,012,766 common units issued and outstanding, respectively (194,660) (170,275)
Accumulated other comprehensive income 0 9
Noncontrolling interests 18,689 20,669
Total equity 119,495 145,849
Total liabilities and equity 4,382,585 4,609,440
Discontinued Operations, Disposed of by Means Other than Sale    
CURRENT ASSETS:    
Assets held for sale 150 67,432
CURRENT LIABILITIES:    
Liabilities held for sale 4 52,749
Nonrelated Party    
CURRENT ASSETS:    
Accounts receivable, net of allowance for expected credit losses 597,578 579,468
CURRENT LIABILITIES:    
Accounts payable 451,663 461,980
Related Party    
CURRENT ASSETS:    
Accounts receivable-affiliates 419 730
CURRENT LIABILITIES:    
Accounts payable $ 1 $ 102
NGL Energy Holdings LLC | NGL Energy Partners LP    
EQUITY:    
General partner interest 0.10%  
NGL Limited Partners | NGL Energy Partners LP    
EQUITY:    
Limited partner interest 99.90%  
General Partner    
EQUITY:    
General partner, notional units outstanding (in units) 124,236 132,145
Limited Partner    
EQUITY:    
Limited partners, common units issued and outstanding (in units) 124,111,415 132,012,766
Series D Preferred Stock    
CURRENT LIABILITIES:    
CLASS D 9.00% PREFERRED UNITS, 511,494 and 600,000 preferred units issued and outstanding, respectively $ 469,845 $ 551,097
Preferred units dividend rate 9.00%  
Temporary equity, issued and outstanding (in units) 511,494 600,000
Series B Preferred Stock    
EQUITY:    
Preferred limited partners $ 305,468 $ 305,468
Preferred units, issued and outstanding (in units) 12,585,642 12,585,642
Series C Preferred Stock    
EQUITY:    
Preferred limited partners $ 42,891 $ 42,891
Preferred units, issued and outstanding (in units) 1,800,000 1,800,000