NGL (NGL Energy Partners LP) Total Assets: $4,176 Mil (As of Mar. 2026)

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NGL NGL Energy Partners LP NGL
41 GF Score
Price $15.24
GF Value $4.39
Valuation Significantly Overvalued
! 6 Warning Signs
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What is NGL Energy Partners LP Total Assets?

NGL Energy Partners LP NGL -0.81% 41 Total Assets is $4,176 Mil as of Mar. 2026. GuruFocus rates NGL with a GF Score™ of 41/100 and a GF Value™ of $4.39 (Significantly Overvalued). The stock has 6 warning signs investors should review.

NGL Energy Partners LP's Total Assets for the quarter that ended in Mar. 2026 was $4,176 Mil.

During the past 12 months, NGL Energy Partners LP's average Total Assets Growth Rate was -9.50% per year. During the past 3 years, the average Total Assets Growth Rate was -8.60% per year. During the past 5 years, the average Total Assets Growth Rate was -7.40% per year. During the past 10 years, the average Total Assets Growth Rate was -3.20% per year.

During the past 13 years, NGL Energy Partners LP's highest 3-Year average Total Assets Growth Rate was 203.80%. The lowest was -8.80%. And the median was 1.00%.

Total Assets is connected with ROA %. NGL Energy Partners LP's annualized ROA % for the quarter that ended in Mar. 2026 was -26.89%. Total Assets is also linked to Revenue through Asset Turnover. NGL Energy Partners LP's Asset Turnover for the quarter that ended in Mar. 2026 was 0.22.


NGL Energy Partners LP  (NYSE:NGL) Total Assets Explanation

Total Assets is connected with ROA %.

NGL Energy Partners LP's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-1150.72/( (4382.585+4175.539)/ 2 )
=-1150.72/4279.062
=-26.89 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

NGL Energy Partners LP's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=949.51/( (4382.585+4175.539)/ 2 )
=949.51/4279.062
=0.22

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

NGL Energy Partners LP Total Assets Related Terms


NGL Energy Partners LP Total Assets Historical Data

* Premium members only.

The historical data trend for NGL Energy Partners LP's Total Assets 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 Total Assets Chart

NGL Energy Partners LP Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,070.35 5,456.14 5,020.09 4,609.44 4,175.54

NGL Energy Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,609.44 4,188.26 4,301.59 4,382.59 4,175.54
NGL
41GF Score
NGL Energy Partners LP NGL
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NGL Energy Partners LP Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

NGL Energy Partners LP's Total Assets for the fiscal year that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (A: Mar. 2026 )+Total Liabilities (A: Mar. 2026 )
=-6.741+4182.28
=4,176

NGL Energy Partners LP's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=-6.741+4182.28
=4,176

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $4,176 Mil mean?
NGL Energy Partners LP (NGL) has a Total Assets of $4,176 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on NGL Energy Partners LP and its competitors.
Is NGL Energy Partners LP's Total Assets too high?
NGL Energy Partners LP's current Total Assets is $4,176 Mil. Overall, NGL Energy Partners LP has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NGL Energy Partners LP's Total Assets compare to GEL and TNK?
NGL Energy Partners LP's Total Assets of $4,176 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 Total Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on NGL Energy Partners LP and its competitors. NGL Energy Partners LP's current Total Assets is $4,176 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 $4.39, compared to a current price of $15.24 — trading 247% above its estimated fair value. The current Total Assets is $4,176 Mil. NGL Energy Partners LP's overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For NGL Energy Partners LP (NGL), the current Total Assets is $4,176 Mil as of Mar. 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 $15.24 is trading 247% above its estimated GF Value™ of $4.39. GuruFocus considers NGL Energy Partners LP to be Significantly Overvalued.

Key valuation signals for NGL:

  • Total Assets: $4,176 Mil
  • GF Value™: $4.39 vs. price of $15.24 (247% above fair value)
  • GF Score™: 41/100 with 6 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges NGLpC.PFD:USANGLpB.PFD:USA
Address 6120 South Yale Avenue, Suite 1300, Tulsa, OK, USA, 74136
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.
41GF Score

Get the complete analysis for NGL

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.24
Price
$4.39
GF Value