v3.25.4
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Total Revenues $ 909,816 $ 982,414 $ 2,206,649 $ 2,498,120
Total Cost of Sales 646,074 735,421 1,449,906 1,797,641
OPERATING COSTS AND EXPENSES:        
Operating 70,058 74,082 214,915 222,035
General and administrative 15,608 15,029 44,077 42,110
Depreciation and amortization 62,279 66,239 192,858 190,278
Loss on disposal or impairment of assets, net 6,147 9,941 3,542 784
Revaluation of liabilities 0 (2,960) 0 (2,960)
Operating Income 109,650 84,662 301,351 248,232
OTHER INCOME (EXPENSE):        
Equity in earnings of unconsolidated entities 0 1,376 201 3,198
Interest expense (63,834) (63,058) (194,087) (209,977)
(Loss) gain on early extinguishment of liabilities, net (1,000) 0 492 0
Other income (expense), net 3,259 486 (48) 2,484
Income From Continuing Operations Before Income Taxes 48,075 23,466 107,909 43,937
INCOME TAX BENEFIT 119 274 362 4,899
Income From Continuing Operations 48,194 23,740 108,271 48,836
(Loss) Income From Discontinued Operations, net of Tax (5) (9,165) 39,383 (20,395)
Net Income 48,189 14,575 147,654 28,441
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 ATTRIBUTABLE TO NGL ENERGY PARTNERS LP 47,179 13,507 145,385 25,644
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)
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)
Product        
Total Revenues 716,473 799,464 1,637,146 1,964,352
Total Cost of Sales 640,510 718,150 1,433,528 1,742,160
Service        
Total Revenues 193,343 182,950 569,503 533,768
Total Cost of Sales $ 5,564 $ 17,271 $ 16,378 $ 55,481
Limited Partner        
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)
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