NGL ENERGY PARTNERS (NGL) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- -$0.51
- Estimate
- $0.22
- Surprise
- -331.8%
- Revenue (period 2026-09-30)
- $986.6M
- Score today
- 5.8/10
Revenue source: xbrl.
How the report landed
NGL ENERGY PARTNERS (NGL) reported a wider loss than forecast — adjusted EPS of -$0.51 against the $0.22 estimate (a 331.8% shortfall).
Coverage in the report window
- NGL Energy Partners LP Announces Second Quarter Fiscal 2027 Financial Results — fiscal.ai, 2026-11-05
- UPDATE: NGL Energy Partners Q2 Adj. EPS $(0.04), Sales $986.550M Beat $830.602M Estimate (Adj EPS Excludes Impairment Ch — benzinga, 2026-11-05
- NGL Energy Partners Q2 2027 Earnings Call Transcript — benzinga, 2026-11-05
Where TrendMatrix's rating stands now
TrendMatrix currently rates NGL Sell at 5.8/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -331.8% surprise compares with a -511.0% four-quarter average. Next scheduled report: 2027-02-02.
What argues against it
- Concentration risk — Customer: top ten customers (Water Solutions segment) (78.0%)
- Concentration risk — Customer: top ten customers (Crude Oil Logistics segment) (79.0%)
- Quality below floor (3.3 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $14.95
- Price target
- $16.48
- Stop
- $14.16
- Upside to target
- +10.2%
Model outputs from TrendMatrix’s engine as of 2026-11-07 — shown for context, not personalized investment advice.
NGL at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $1.85B
- P/E (fwd)
- 17.6
- 52-week range
- $8.62–$19.06
- Off 52-week high
- 21.6%
- RSI (14)
- 42
- Volume vs avg
- 0.62×
- Score today
- 5.8/10