v3.26.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Total Revenues $ 989,992 $ 622,156
Total Cost of Sales 684,409 382,812
OPERATING COSTS AND EXPENSES:    
Operating 78,885 70,768
General and administrative 17,568 13,740
Depreciation and amortization 61,895 66,585
Loss (gain) on disposal or impairment of assets, net 1,916 (9,199)
Operating Income 145,319 97,450
OTHER INCOME (EXPENSE):    
Equity in earnings of unconsolidated entities 0 201
Interest expense (67,068) (65,545)
Gain on early extinguishment of liabilities, net 0 1,492
Other income (expense), net 1,496 (3,515)
Income From Continuing Operations Before Income Taxes 79,747 30,083
INCOME TAX BENEFIT 299 182
Income From Continuing Operations 80,046 30,265
Income From Discontinued Operations, net of Tax 35 39,379
Net Income 80,081 69,644
Less: Net income from continuing operations attributable to nonredeemable noncontrolling interests (1,377) (705)
Less: Net loss (income) from continuing operations attributable to redeemable noncontrolling interests 28 (17)
NET INCOME ATTRIBUTABLE TO NGL ENERGY PARTNERS LP 78,732 68,922
Net income (loss) from continuing operations allocated to common unitholders, basic 59,831 (34,024)
Net income from discontinued operations allocated to common unitholders, basic 35 39,340
NET INCOME ALLOCATED TO COMMON UNITHOLDERS - BASIC (NOTE 3) 59,866 5,316
NET INCOME ALLOCATED TO COMMON UNITHOLDERS - DILUTED (NOTE 3) 61,212 5,316
Product    
Total Revenues 774,300 436,418
Total Cost of Sales 679,472 377,464
Service    
Total Revenues 215,692 185,738
Total Cost of Sales $ 4,937 $ 5,348
Limited Partner    
Income (loss) from continuing operations, basic $ 0.48 $ (0.26)
Income from discontinued operations, net of tax, basic 0 0.30
Basic income per common unit 0.48 0.04
Income (loss) from continuing operations, diluted 0.48 (0.26)
Income from discontinued operations, net of tax, diluted 0 0.30
Diluted income per common unit $ 0.48 $ 0.04
BASIC WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 124,803,300 131,747,544
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 128,085,880 131,747,544