v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Total revenues $ 3,156,159 $ 3,469,186 $ 4,153,307
Total cost of sales 2,182,163 2,507,077 3,185,434
OPERATING COSTS AND EXPENSES:      
Operating 293,587 297,686 299,605
General and administrative 70,108 55,593 121,625
Depreciation and amortization 254,831 254,732 266,114
Loss on disposal or impairment of assets, net 256,322 31,448 115,936
Revaluation of liabilities 4,415 (6,705) 2,680
Operating Income 94,733 329,355 161,913
OTHER INCOME (EXPENSE):      
Equity in earnings of unconsolidated entities 201 6,565 4,120
Interest expense (257,490) (280,078) (269,804)
Loss on early extinguishment of liabilities, net (16,749) 0 (55,281)
Other income, net 526 4,262 2,782
(Loss) Income From Continuing Operations Before Income Taxes (178,779) 60,104 (156,270)
Income Tax Expense (Benefit) 276 4,885 (1,458)
(Loss) Income From Continuing Operations (178,503) 64,989 (157,728)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 39,340 (21,826) 14,604
Net (Loss) Income (139,163) 43,163 (143,124)
LESS: NET INCOME FROM CONTINUING OPERATIONS ATTRIBUTABLE TO NONREDEEMABLE NONCONTROLLING INTERESTS (3,376) (3,749) (631)
LESS: NET LOSS (INCOME) FROM CONTINUING OPERATIONS ATTRIBUTABLE TO REDEEMABLE NONCONTROLLING INTERESTS 244 (46) 0
NET (LOSS) INCOME ATTRIBUTABLE TO NGL ENERGY PARTNERS LP (142,295) 39,368 (143,755)
Net loss from continuing operations allocated to common unitholders, basic (444,859) (57,096) (297,705)
Net loss from continuing operations allocated to common unitholders, diluted (444,859) (57,096) (297,705)
Net income (loss) from discontinued operations allocated to common unitholders, basic 39,301 (21,804) 14,589
Net income (loss) from discontinued operations allocated to common unitholders, diluted 39,301 (21,804) 14,589
NET LOSS ALLOCATED TO COMMON UNITHOLDERS (NOTE 3) (405,558) (78,900) (283,116)
Product      
Total revenues 2,396,188 2,742,953 3,467,925
Total cost of sales 2,160,353 2,437,331 3,103,710
Service      
Total revenues 759,971 726,233 685,382
Total cost of sales $ 21,810 $ 69,746 $ 81,724
Limited Partner      
Loss from continuing operations, basic $ (3.50) $ (0.43) $ (2.25)
Loss from continuing operations, diluted (3.50) (0.43) (2.25)
Income (loss) from discontinued operations, net of tax, basic 0.31 (0.16) 0.11
Income (loss) from discontinued operations, net of tax, diluted 0.31 (0.16) 0.11
Basic loss per common unit (3.19) (0.60) (2.14)
Diluted loss per common unit $ (3.19) $ (0.60) $ (2.14)
BASIC WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 127,020,619 132,204,283 132,146,477
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 127,020,619 132,204,283 132,146,477