NGLNGL Energy Partners LP
The schedule
- Thu15Oct
Biannual evaluation of NGL's borrowing base and potential updates on restructuring its high-yield debt facilities.
- Fri15Jan
Execution of beginning-of-year contract rate resets with exploration and production (E&P) customers.
- Sun7Feb
Q3 earnings print coupled with initial expectations for 2027 capital expenditures and infrastructure expansion.
- Sun9May
Q4 2026 earnings incorporating full-year audits and potential non-cash impairment tests on logistics assets.
- Sun8Aug
Past
- Sun9Aug
Actual outcome: Bull
NGL reported strong fiscal Q1 2027 results, highlighted by a significant EBITDA and volume beat driven by 43% growth in its Water Solutions segment. Management also raised full-year adjusted EBITDA guidance to $725-$735 million and highlighted the LEX II Extension project's potential to drive further organic water volume growth, fueling the stock's rally past the bull target.
NGL reports Q2 2026 earnings, focusing on Water Solutions margins and exact deleveraging progress against its $3.35B debt load.