NGL Energy Partners Q1 FY27 net income rises 15.1% to USD 80.08 million; revenue climbs 59.1% to USD 989.99 million

• NGL Energy Partners posted net income of $80.08 million for the quarter ended June 30, 2026, up from $69.64 million a year earlier.
• Revenue climbed to $989.99 million from $622.16 million, while operating income rose to $145.32 million from $97.45 million.
• Non-GAAP adjusted EBITDA from continuing operations increased to $186.22 million from $143.97 million.
• Water Solutions segment operating income jumped to $138.57 million from $84.95 million, driven by higher produced-water volumes and recovered crude oil revenue.
• LEX II pipeline expansion targets 560,000 barrels of water per day capacity; in service expected by end of calendar 2026, expandable to 650,000.

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