For the quarter ending 2025-12-31, NGL had -$2,183K decrease in cash & cash equivalents over the period. $45,711K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 48,189 | 29,821 | 69,644 |
| Revenues | 7 | -12 | - |
| Cost of sales | -12 | -77 | - |
| Operating expenses | -13 | 39 | - |
| General and administrative expenses | 0 | -22 | - |
| Depreciation and amortization | 0 | 0 | - |
| Loss (gain) on disposal or impairment of assets, net | -12 | -3 | - |
| Operating income (loss) from discontinued operations | 20 | 45 | - |
| Interest expense | 0 | 0 | - |
| Other (expense) income, net | -25 | -20 | - |
| (loss) income from discontinued operations before taxes | -5 | 25 | - |
| Income tax expense | 0 | 16 | - |
| (income) loss from discontinued operations, net of tax | -5 | 9 | 39,379 |
| Depreciation and amortization, including amortization of debt issuance costs | 65,500 | 67,188 | 69,767 |
| Gain on early extinguishment or revaluation of liabilities, net | -1,000 | 0 | 1,492 |
| Loss on disposal or impairment of assets, net | -6,147 | -6,594 | 9,199 |
| Change in provision for expected credit losses | 0 | 12 | 22 |
| Net adjustments to fair value of derivatives | 6,517 | 1,454 | 8,791 |
| Equity in earnings of unconsolidated entities | 0 | 0 | 201 |
| Distributions of earnings from unconsolidated entities | 0 | 0 | 108 |
| Lower of cost or net realizable value adjustments | -2,519 | 2,519 | 0 |
| Other | 270 | -450 | -1,227 |
| Accounts receivable and affiliates | 39,745 | 94,681 | -110,159 |
| Inventories | -41,713 | 39,976 | 12,773 |
| Other current and noncurrent assets | -2,438 | 408 | -21,195 |
| Accounts payable and affiliates | 60,405 | 78,607 | -149,746 |
| Other current and noncurrent liabilities | 5,969 | -7,759 | -33,285 |
| Net cash provided by operating activities-continuing operations | 182,315 | 40,904 | 17,256 |
| Net cash provided by operating activities-discontinued operations | -34 | -453 | 15,946 |
| Net cash provided by operating activities | 182,281 | 40,451 | 33,202 |
| Capital expenditures | 136,570 | 30,937 | 22,129 |
| Net settlements of derivatives | -4,506 | 1,269 | -5,116 |
| Proceeds from sales of assets | 57 | 11,409 | 61,120 |
| Proceeds from divestitures of businesses and investments, net | 0 | 1,396 | 87,243 |
| Investments in unconsolidated entities | 0 | 0 | - |
| Distributions of capital from unconsolidated entities | 0 | 0 | 0 |
| Net cash used in investing activities-continuing operations | -132,007 | -19,401 | 131,350 |
| Net cash provided by investing activities-discontinued operations | 0 | -88 | 67,797 |
| Net cash provided by (used in) investing activities | -132,007 | -19,489 | 199,147 |
| Proceeds from borrowings under abl facility | 253,000 | 206,000 | 208,000 |
| Payments on abl facility | 232,000 | 172,000 | 280,000 |
| Payments on term loan b | 1,750 | 1,750 | 1,750 |
| Repayment and repurchase of senior secured notes | 0 | 0 | 17,274 |
| Proceeds from borrowings on other long-term debt | 0 | 0 | 0 |
| Payments on other long-term debt | 456 | 445 | 436 |
| Debt issuance costs | 140 | 899 | 323 |
| Contributions from noncontrolling interest owners | 26 | 118 | 621 |
| Distributions to preferred unitholders | 26,235 | 26,153 | 31,536 |
| Distributions to noncontrolling interest owners | 1,581 | 1,385 | 1,977 |
| Warrant repurchases | 0 | - | - |
| Class d preferred unit repurchases | 27,140 | 0 | 100,010 |
| Common unit repurchases and cancellations | 15,746 | 21,000 | 8,068 |
| Payments to settle contingent consideration liabilities | 23 | 51 | 52 |
| Net settlements of derivatives | -102 | -251 | -248 |
| Principal payments of finance leases | 514 | 430 | 0 |
| Net cash used in financing activities | -52,457 | -17,744 | -232,557 |
| Net increase (decrease) in cash and cash equivalents | -2,183 | 3,218 | -208 |
| Cash and cash equivalents at beginning of period | 8,659 | 5,649 | - |
| Cash and cash equivalents at end of period | 6,476 | 8,659 | - |
NGL Energy Partners LP (NGL)
NGL Energy Partners LP (NGL)