NGL Energy Partners Reports $142.3M Net Loss, Revenue Down 9% in FY 2026
NGL has more than doubled off its 52-week low of $3.1.
Summary
NGL Energy Partners reported a net loss of $142.3 million for fiscal year 2026, a sharp reversal from the $39.4 million net income in the prior year. Revenue also declined by 9% year-over-year to $3.16 billion. This news follows the 10-K filing earlier today, which highlighted a significant net loss and goodwill impairment. The substantial loss and revenue decrease signal significant financial underperformance for the year, which could negatively impact investor sentiment.
At the time of this announcement, NGL was trading at $16.20 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $2B. The 52-week trading range was $3.10 to $18.80. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.