Opening its latest reports…Reading every line of the four statements…Putting it into plain words…
Opening its latest reports…Reading every line of the four statements…Putting it into plain words…
NGLNGL Energy Partners LP
Every company that sells shares in the US files four statements with the SEC. Together they show whether NGL Energy Partners LP made money, what it owns and owes, where its cash went, and what changed for its shareholders. Below is every line exactly as NGL Energy Partners LP filed it, with what each one means in plain English.
As filed with the SEC on May 28, 2026 · the full report · SEC's figures viewer
Income statement · also called the statement of operations, statement of earnings or profit and loss
Read it from the top down. It starts with everything customers paid (sales), takes away the cost of making what was sold, then the costs of running the company, then interest and tax. What is left at the bottom is profit (net income), the part that belongs to shareholders. It covers a stretch of time: a year, or a quarter.
Out of every $100 of sales
| Line (tap for what it means) | 12 months to Mar 31, 2026 | 12 months to Mar 31, 2025 | 12 months to Mar 31, 2024 |
|---|---|---|---|
| $3.2B▼ 9.0% | $3.5B | $4.2B | |
| $2.2B▼ 13% | $2.5B | $3.2B | |
| OPERATING COSTS AND EXPENSES | |||
| $293.6M▼ 1.4% | $297.7M | $299.6M | |
| $70.1M▲ 26% | $55.6M | $121.6M | |
| $254.8M | $254.7M | $266.1M | |
| $256.3M▲ 715% | $31.4M | $115.9M | |
| $4.4M | −$6.7M | $2.7M | |
| $94.7M▼ 71% | $329.4M | $161.9M | |
| OTHER INCOME (EXPENSE) | |||
| $201.0K▼ 97% | $6.6M | $4.1M | |
| −$257.5M▲ 8.1% | −$280.1M | −$269.8M | |
| −$16.7M | $0 | −$55.3M | |
| $526.0K▼ 88% | $4.3M | $2.8M | |
| −$178.8M | $60.1M | −$156.3M | |
| $276.0K▼ 94% | $4.9M | −$1.5M | |
| −$178.5M | $65.0M | −$157.7M | |
| $39.3M | −$21.8M | $14.6M | |
| −$139.2M | $43.2M | −$143.1M | |
| −$3.4M▲ 9.9% | −$3.7M | −$631.0K | |
| $244.0K | −$46.0K | $0 | |
| −$142.3M | $39.4M | −$143.8M | |
| −$444.9M▼ 679% | −$57.1M | −$297.7M | |
| −$444.9M▼ 679% | −$57.1M | −$297.7M | |
| $39.3M | −$21.8M | $14.6M | |
| $39.3M | −$21.8M | $14.6M | |
| −$405.6M▼ 414% | −$78.9M | −$283.1M | |
| Product | |||
|---|---|---|---|
| Sales (Total revenues) | $2.4B | $2.7B | $3.5B |
| Cost of making what it sold (Total cost of sales) | $2.2B | $2.4B | $3.1B |
| Service | |||
| Sales (Total revenues) | $760.0M | $726.2M | $685.4M |
| Cost of making what it sold (Total cost of sales) | $21.8M | $69.7M | $81.7M |
| Limited Partner | |||
| Other item (Loss from continuing operations, basic) | −$3.5K | −$430 | −$2.3K |
| Other item (Loss from continuing operations, diluted) | −$3.5K | −$430 | −$2.3K |
| Businesses being sold or closed (Income (loss) from discontinued operations, net of tax, basic) | $310 | −$160 | $110 |
| Businesses being sold or closed (Income (loss) from discontinued operations, net of tax, diluted) | $310 | −$160 | $110 |
| Profit (net income) (Basic loss per common unit) | −$3.2K | −$600 | −$2.1K |
| Profit (net income) (Diluted loss per common unit) | −$3.2K | −$600 | −$2.1K |
| Average number of shares (BASIC WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units)) | $127.0B | $132.2B | $132.1B |
| Average number of shares (DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units)) | $127.0B | $132.2B | $132.1B |
Every line as the company filed it (USD ($), $ in Thousands), shown in full dollars. See this statement on SEC.
Some value changes don't count as profit yet: currency moves on businesses abroad, rises or falls in investments it hasn't sold, and some hedges and pension changes. They are added to profit here to give comprehensive income, and they build up in shareholders' equity.
| Line (tap for what it means) | 12 months to Mar 31, 2026 | 12 months to Mar 31, 2025 | 12 months to Mar 31, 2024 |
|---|---|---|---|
| Statement of Comprehensive Income | |||
| −$139.2M | $43.2M | −$143.1M | |
| −$9.0K | $508.0K | −$49.0K | |
| −$139.2M | $43.7M | −$143.2M | |