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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total Revenues $ 674,677 $ 756,472 $ 1,296,833 $ 1,515,706
Total Cost of Sales 421,020 522,915 803,832 1,062,220
OPERATING COSTS AND EXPENSES:        
Operating 74,089 76,565 144,857 147,953
General and administrative 14,729 12,117 28,469 27,081
Depreciation and amortization 63,994 61,875 130,579 124,039
Loss (gain) on disposal or impairment of assets, net 6,594 1,509 (2,605) (9,157)
Operating Income 94,251 81,491 191,701 163,570
OTHER INCOME (EXPENSE):        
Equity in earnings of unconsolidated entities 0 1,522 201 1,822
Interest expense (64,708) (77,180) (130,253) (146,919)
Gain on early extinguishment of liabilities, net 0 0 1,492 0
Other income (expense), net 208 1,834 (3,307) 1,998
Income From Continuing Operations Before Income Taxes 29,751 7,667 59,834 20,471
INCOME TAX BENEFIT (EXPENSE) 61 (174) 243 4,625
Income From Continuing Operations 29,812 7,493 60,077 25,096
Income (Loss) From Discontinued Operations, net of Tax 9 (4,102) 39,388 (11,230)
Net Income 29,821 3,391 99,465 13,866
Less: Net income from continuing operations attributable to nonredeemable noncontrolling interests (490) (932) (1,195) (1,724)
Less: Net income from continuing operations attributable to redeemable noncontrolling interests (47) (5) (64) (5)
NET INCOME ATTRIBUTABLE TO NGL ENERGY PARTNERS LP 29,284 2,454 98,206 12,137
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic 3,137 (24,172) (30,887) (36,163)
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Diluted 3,137 (24,172) (30,887) (36,163)
Net Income (Loss) from Discontinued Operations Allocated to Common Unitholders, Basic 9 (4,098) 39,349 (11,219)
Net Income (Loss) from Discontinued Operations Allocated to Common Unitholders, Diluted 9 (4,098) 39,349 (11,219)
NET INCOME (LOSS) ALLOCATED TO COMMON UNITHOLDERS (NOTE 3) 3,146 (28,270) 8,462 (47,382)
Product        
Total Revenues 484,255 575,014 920,673 1,164,888
Total Cost of Sales 415,554 503,854 793,018 1,024,010
Service        
Total Revenues 190,422 181,458 376,160 350,818
Total Cost of Sales $ 5,466 $ 19,061 $ 10,814 $ 38,210
Limited Partner        
Income (loss) from continuing operations, basic $ 0.02 $ (0.18) $ (0.24) $ (0.27)
Income (loss) from continuing operations, diluted 0.02 (0.18) (0.24) (0.27)
(Loss) income from discontinued operations, net of tax, basic 0 (0.03) 0.30 (0.08)
(Loss) income from discontinued operations, net of tax, diluted 0 (0.03) 0.30 (0.08)
Basic income (loss) per common unit 0.02 (0.21) 0.07 (0.36)
Diluted income (loss) per common unit $ 0.02 $ (0.21) $ 0.07 $ (0.36)
BASIC WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 127,309,332 132,274,669 129,516,312 132,393,067
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) 127,309,332 132,274,669 129,516,312 132,393,067