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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.
NGL Energy Partners LP's quarterly accumulated depreciation
increased
from Dec. 2025 ($-1,230 Mil) to Mar. 2026 ($-1,272 Mil) and
increased
from Mar. 2026 ($-1,272 Mil) to Jun. 2026 ($-1,313 Mil).
NGL Energy Partners LP's annual accumulated depreciation
increased
from Mar. 2024 ($-1,011 Mil) to Mar. 2025 ($-1,105 Mil) and
increased
from Mar. 2025 ($-1,105 Mil) to Mar. 2026 ($-1,272 Mil).
NGL Energy Partners LP Accumulated Depreciation Related Terms
NGL Energy Partners LP Accumulated Depreciation Historical Data
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The historical data trend for NGL Energy Partners LP's Accumulated Depreciation can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NGL Energy Partners LP Accumulated Depreciation Chart
NGL Energy Partners LP Accumulated Depreciation Calculation
The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.
What does a Accumulated Depreciation of $-1,313 Mil mean?
NGL Energy Partners LP (NGL) has a Accumulated Depreciation of $-1,313 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NGL Energy Partners LP and its competitors.
Is NGL Energy Partners LP's Accumulated Depreciation too high?
NGL Energy Partners LP's current Accumulated Depreciation is $-1,313 Mil. Overall, NGL Energy Partners LP has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NGL Energy Partners LP's Accumulated Depreciation compare to LPG and GEL?
NGL Energy Partners LP's Accumulated Depreciation of $-1,313 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NGL Energy Partners LP and its competitors. NGL Energy Partners LP's current Accumulated Depreciation is $-1,313 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGL Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, NGL Energy Partners LP (NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.58, compared to a current price of $17.05 — trading 205.6% above its estimated fair value. The current Accumulated Depreciation is $-1,313 Mil. NGL Energy Partners LP's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For NGL Energy Partners LP (NGL), the current Accumulated Depreciation is $-1,313 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NGL Energy Partners LP (NGL) Overvalued in 2026?
Based on GuruFocus' analysis, NGL Energy Partners LP stock appears to be overvalued.
The current stock price of $17.05 is trading 205.6% above its estimated GF Value™ of $5.58.
GuruFocus considers NGL Energy Partners LP to be Significantly Overvalued.
Key valuation signals for NGL:
Accumulated Depreciation: $-1,313 Mil
GF Value™: $5.58 vs. price of $17.05 (205.6% above fair value)
No single metric tells the full story. See the NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NGL Energy Partners LP is a USA-based firm that owns and operates a vertically integrated energy business. The company's operating segments include Crude Oil Logistics, Water Solutions, and Liquids Logistics. It operates crude oil Logistics, owns pipeline injection stations, and offers services for the treatment and disposal of wastewater generated from crude oil and natural gas production, as well as for the disposal of solids, such as tank bottoms and drilling fluids. The firm also supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants and sells propane and distillates.
52GF Score
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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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