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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Total Revenues $ 6,956,571 $ 8,694,904 $ 7,947,915
Total Cost of Sales 5,966,794 7,650,024 7,139,312
OPERATING COSTS AND EXPENSES:      
Operating 305,185 313,725 285,535
General and administrative 121,881 71,818 63,546
Depreciation and amortization 266,523 273,621 288,720
Loss on disposal or impairment of assets, net 115,936 86,888 94,254
Revaluation of liabilities 2,680 9,665 (6,495)
Operating Income 177,572 289,163 83,043
OTHER INCOME (EXPENSE):      
Equity in earnings of unconsolidated entities 4,120 4,120 1,400
Interest expense (269,923) (275,445) (271,640)
(Loss) gain on early extinguishment of liabilities, net (55,281) 6,177 1,813
Other income, net 2,793 28,748 2,254
(Loss) Income Before Income Taxes (140,719) 52,763 (183,130)
INCOME TAX EXPENSE (2,405) (271) (971)
Net (Loss) Income (143,124) 52,492 (184,101)
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS (631) (1,106) (655)
NET (LOSS) INCOME ATTRIBUTABLE TO NGL ENERGY PARTNERS LP (143,755) 51,386 (184,756)
NET LOSS ALLOCATED TO COMMON UNITHOLDERS (NOTE 3) $ (283,116) $ (73,232) $ (288,630)
Limited Partner      
Basic loss per common unit $ (2.14) $ (0.56) $ (2.22)
Diluted loss per common unit $ (2.14) $ (0.56) $ (2.22)
BASIC WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 132,146,477 131,007,171 129,840,234
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 132,146,477 131,007,171 129,840,234
OTHER INCOME (EXPENSE):      
Net (Loss) Income $ (143,472) $ 51,459 $ (184,467)
Limited Partner      
BASIC WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 132,146,477 131,007,171 129,840,234
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 132,146,477 131,007,171 129,840,234
Water solutions      
OPERATING COSTS AND EXPENSES:      
Loss on disposal or impairment of assets, net $ (6,900) $ (26,300)  
Crude oil logistics      
OPERATING COSTS AND EXPENSES:      
Loss on disposal or impairment of assets, net (2,900)   $ 5,500
Liquids logistics      
OPERATING COSTS AND EXPENSES:      
Loss on disposal or impairment of assets, net 800   (11,800)
Operating segment | Water solutions      
Total Revenues 730,818 697,038 544,866
Total Cost of Sales 11,294 14,100 33,980
OPERATING COSTS AND EXPENSES:      
Operating Income 231,256 198,924 94,851
Operating segment | Crude oil logistics      
Total Revenues 1,656,064 2,464,822 2,505,496
Total Cost of Sales 1,521,190 2,250,934 2,352,932
OPERATING COSTS AND EXPENSES:      
Operating Income 52,074 81,524 45,033
Operating segment | Liquids logistics      
Total Revenues 4,569,689 5,533,044 4,897,553
Total Cost of Sales 4,435,247 5,383,809 4,752,400
OPERATING COSTS AND EXPENSES:      
Operating Income 2,481 66,624 (8,441)
Corporate and other      
Total Cost of Sales (937) 1,181 0
OPERATING COSTS AND EXPENSES:      
Loss on disposal or impairment of assets, net 700    
Operating Income $ (108,239) $ (57,909) $ (48,400)