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Home » NGL Energy Partners LP Common Units (NGL) Q4 2026 Earnings Call Transcript
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NGL Energy Partners LP Common Units (NGL) Q4 2026 Earnings Call Transcript

thebusinesstimes.co.ukBy thebusinesstimes.co.uk29 May 20262 Views
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NGL Energy Partners LP Common Units (NGL) Q4 2026 Earnings Call Transcript
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Operator

Greetings. Welcome to the NGL Energy Partners’ 4Q ’26 Earnings Call. [Operator Instructions] Please note, this conference is being recorded.

I will now turn the conference over to your host, Brad Cooper, CFO. You may begin.

Brad Cooper
Executive VP, Compliance Officer & CFO of NGL Energy Holdings LLC

Good afternoon, and thank you to everyone for joining us on the call today. Our comments today will include plans, forecasts and estimates that are forward-looking statements under the U.S. securities law. These comments are subject to assumptions, risks and uncertainties that could cause actual results to differ from the forward-looking statements. Please take note of the cautionary language and risk factors provided in our presentation materials and our other public disclosure materials.

We are pleased to report a strong finish to fiscal 2026, highlighted by record performance in our Water Solutions segment and meaningful progress on our capital structure priorities. For the year, adjusted EBITDA from continuing operations was approximately $660 million, which came in at the high end of our guidance range and represents meaningful growth year-over-year, driven by our Water Solutions segment. In the fourth quarter, we generated adjusted EBITDA of approximately $176 million. Excluding the goodwill impairment charge, income from continuing operations is approximately $70 million.

As we step back and look at the partnership’s accomplishments this year, we believe fiscal 2026 encapsulates execution across

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