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GuruFocus has detected 4 Warning Signs with NGL Energy Partners LP $NGL.
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NGL Energy Partners LP (NYSE:NGL)
Construction In Progress
$143 Mil (As of Dec. 2016)

NGL Energy Partners LP's quarterly construction in progress increased from Jun. 2016 ($424 Mil) to Sep. 2016 ($425 Mil) but then declined from Sep. 2016 ($425 Mil) to Dec. 2016 ($143 Mil).

NGL Energy Partners LP's annual construction in progress increased from Mar. 2014 ($80 Mil) to Mar. 2015 ($97 Mil) and increased from Mar. 2015 ($97 Mil) to Mar. 2016 ($383 Mil).


It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

NGL Energy Partners LP Annual Data

ConstructionInProgress 000013280973830

NGL Energy Partners LP Quarterly Data

ConstructionInProgress 77971612082963834244251430
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