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10-Q Filing

NGL Energy Partners LP CIK: 1504461 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001504461-19-000047
Period End Date 20190630
Filing Date 20190809
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance ngl-06302019x10q_htm.xml
Balance Sheet 84 line items
Line Item Tag Value Unit Period
Accounts receivable - trade, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $4.37M USD Point-in-time
Accounts receivable - trade, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $4.65M USD Point-in-time
PROPERTY, PLANT AND EQUIPMENT, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $420.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $22.09M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $27.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $18.57M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.68M USD Point-in-time
PROPERTY, PLANT AND EQUIPMENT, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $442.87M USD Point-in-time
INTANGIBLE ASSETS, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $555.31M USD Point-in-time
Accounts receivable-trade, net of allowance for doubtful accounts of $4,653 and $4,366, respectively AccountsReceivableNetCurrent $911.98M USD Point-in-time
INTANGIBLE ASSETS, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $524.26M USD Point-in-time
Accounts receivable-trade, net of allowance for doubtful accounts of $4,653 and $4,366, respectively AccountsReceivableNetCurrent $1.16B USD Point-in-time
Accounts receivable-affiliates DueFromRelatedPartiesCurrent $12.87M USD Point-in-time
Debt issuance costs, noncurrent, net DeferredFinanceCostsNoncurrentNet $19.02M USD Point-in-time
Debt issuance costs, noncurrent, net DeferredFinanceCostsNoncurrentNet $12.01M USD Point-in-time
Accounts receivable-affiliates DueFromRelatedPartiesCurrent $11.51M USD Point-in-time
Inventories InventoryNet $519.60M USD Point-in-time
Inventories InventoryNet $463.14M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $155.17M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $178.69M USD Point-in-time
Total current assets AssetsCurrent $1.65B USD Point-in-time
Total current assets AssetsCurrent $1.81B USD Point-in-time
General partner interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest 0.00 pure 1 Quarter
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of $442,868 and $420,362, respectively PropertyPlantAndEquipmentNet $1.84B USD Point-in-time
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of $442,868 and $420,362, respectively PropertyPlantAndEquipmentNet $2.02B USD Point-in-time
General partner interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest 0.00 pure Annual
General partner, notional units outstanding (in units) GeneralPartnersCapitalAccountUnitsOutstanding 126,093.00 shares Point-in-time
GOODWILL Goodwill $1.15B USD Point-in-time
GOODWILL Goodwill $1.15B USD Point-in-time
General partner, notional units outstanding (in units) GeneralPartnersCapitalAccountUnitsOutstanding 124,633.00 shares Point-in-time
Limited partner interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest 1.00 pure Annual
INTANGIBLE ASSETS, net of accumulated amortization of $555,307 and $524,257, respectively IntangibleAssetsNetExcludingGoodwill $931.71M USD Point-in-time
INTANGIBLE ASSETS, net of accumulated amortization of $555,307 and $524,257, respectively IntangibleAssetsNetExcludingGoodwill $938.34M USD Point-in-time
Limited partner interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest 1.00 pure 1 Quarter
Limited partners, common units issued (in units) LimitedPartnersCapitalAccountUnitsIssued 125.97M shares Point-in-time
Limited partners, common units issued (in units) LimitedPartnersCapitalAccountUnitsIssued 124.51M shares Point-in-time
INVESTMENTS IN UNCONSOLIDATED ENTITIES EquityMethodInvestments $1.13M USD Point-in-time
INVESTMENTS IN UNCONSOLIDATED ENTITIES EquityMethodInvestments $1.58M USD Point-in-time
Limited partners, common units outstanding (in units) LimitedPartnersCapitalAccountUnitsOutstanding 124.51M shares Point-in-time
OPERATING LEASE RIGHT-OF-USE ASSETS OperatingLeaseRightOfUseAsset $518.03M USD Point-in-time
Limited partners, common units outstanding (in units) LimitedPartnersCapitalAccountUnitsOutstanding 125.97M shares Point-in-time
OPERATING LEASE RIGHT-OF-USE ASSETS OperatingLeaseRightOfUseAsset - USD Point-in-time
OTHER NONCURRENT ASSETS OtherAssetsNoncurrent $160.00M USD Point-in-time
OTHER NONCURRENT ASSETS OtherAssetsNoncurrent $125.74M USD Point-in-time
Total assets Assets $6.39B USD Point-in-time
Total assets Assets $5.90B USD Point-in-time
Accounts payable-trade AccountsPayableCurrent $964.66M USD Point-in-time
Accounts payable-trade AccountsPayableCurrent $814.14M USD Point-in-time
Accounts payable-affiliates DueToRelatedPartiesCurrent $28.47M USD Point-in-time
Accounts payable-affiliates DueToRelatedPartiesCurrent $23.07M USD Point-in-time
Accrued expenses and other payables OtherLiabilitiesCurrent $214.24M USD Point-in-time
Accrued expenses and other payables OtherLiabilitiesCurrent $248.45M USD Point-in-time
Advance payments received from customers CustomerAdvancesCurrent $8.92M USD Point-in-time
Advance payments received from customers CustomerAdvancesCurrent $28.31M USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $648.00K USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $649.00K USD Point-in-time
Operating lease obligations OperatingLeaseLiabilityCurrent - USD Point-in-time
Operating lease obligations OperatingLeaseLiabilityCurrent $77.02M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.25B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.16B USD Point-in-time
LONG-TERM DEBT, net of debt issuance costs of $19,025 and $12,008, respectively, and current maturities LongTermDebtAndCapitalLeaseObligations $2.59B USD Point-in-time
LONG-TERM DEBT, net of debt issuance costs of $19,025 and $12,008, respectively, and current maturities LongTermDebtAndCapitalLeaseObligations $2.16B USD Point-in-time
OPERATING LEASE OBLIGATIONS OperatingLeaseLiabilityNoncurrent - USD Point-in-time
OPERATING LEASE OBLIGATIONS OperatingLeaseLiabilityNoncurrent $439.08M USD Point-in-time
OTHER NONCURRENT LIABILITIES OtherLiabilitiesNoncurrent $63.58M USD Point-in-time
OTHER NONCURRENT LIABILITIES OtherLiabilitiesNoncurrent $61.16M USD Point-in-time
COMMITMENTS AND CONTINGENCIES (NOTE 9) CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES (NOTE 9) CommitmentsAndContingencies - USD Point-in-time
CLASS A 10.75% CONVERTIBLE PREFERRED UNITS, 0 and 19,942,169 preferred units issued and outstanding, respectively TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $149.81M USD Point-in-time
CLASS A 10.75% CONVERTIBLE PREFERRED UNITS, 0 and 19,942,169 preferred units issued and outstanding, respectively TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests - USD Point-in-time
General partner, representing a 0.1% interest, 126,093 and 124,633 notional units, respectively GeneralPartnersCapitalAccount $-50.60M USD Point-in-time
General partner, representing a 0.1% interest, 126,093 and 124,633 notional units, respectively GeneralPartnersCapitalAccount $-50.77M USD Point-in-time
Limited partners, representing a 99.9% interest, 125,966,868 and 124,508,497 common units issued and outstanding, respectively LimitedPartnersCapitalAccount $1.90B USD Point-in-time
Limited partners, representing a 99.9% interest, 125,966,868 and 124,508,497 common units issued and outstanding, respectively LimitedPartnersCapitalAccount $2.07B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-255.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-218.00K USD Point-in-time
Noncontrolling interests PartnersCapitalAttributableToNoncontrollingInterest $58.75M USD Point-in-time
Noncontrolling interests PartnersCapitalAttributableToNoncontrollingInterest $58.48M USD Point-in-time
Total equity PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.09B USD Point-in-time
Total equity PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.28B USD Point-in-time
Total equity PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $1.97B USD Point-in-time
Total equity PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.15B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $5.90B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $6.39B USD Point-in-time
Income Statement 82 line items
Line Item Tag Value Unit Period
Crude Oil Logistics ResultsOfOperationsRevenueFromOilAndGasProducingActivities $783.83M USD 1 Quarter
Crude Oil Logistics ResultsOfOperationsRevenueFromOilAndGasProducingActivities $716.16M USD 1 Quarter
Water Solutions WaterSolutionsRevenue $71.78M USD 1 Quarter
Water Solutions WaterSolutionsRevenue $76.14M USD 1 Quarter
Liquids LiquidsRevenue $347.65M USD 1 Quarter
Liquids LiquidsRevenue $459.90M USD 1 Quarter
Refined Products and Renewables RefinedProductsAndRenewablesRevenue $5.50B USD 1 Quarter
Refined Products and Renewables RefinedProductsAndRenewablesRevenue $4.52B USD 1 Quarter
Other ResultsOfOperationsRevenueOther $155.00K USD 1 Quarter
Other ResultsOfOperationsRevenueOther $255.00K USD 1 Quarter
Revenues Revenues $5.84B USD 1 Quarter
Revenues Revenues $6.64B USD 1 Quarter
Crude Oil Logistics ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts $-649.24M USD 1 Quarter
Crude Oil Logistics ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts $-748.25M USD 1 Quarter
Water Solutions WaterProductionCosts $14.27M USD 1 Quarter
Water Solutions WaterProductionCosts $-2.81M USD 1 Quarter
Liquids CostOfSalesLiquids $440.51M USD 1 Quarter
Liquids CostOfSalesLiquids $317.35M USD 1 Quarter
Refined Products and Renewables CostOfSalesRefinedProductsAndRenewables $4.49B USD 1 Quarter
Refined Products and Renewables CostOfSalesRefinedProductsAndRenewables $5.49B USD 1 Quarter
Other OtherCostOfOperatingRevenue $465.00K USD 1 Quarter
Other OtherCostOfOperatingRevenue $269.00K USD 1 Quarter
Total Cost of Sales CostOfGoodsAndServicesSold $6.45B USD 1 Quarter
Total Cost of Sales CostOfGoodsAndServicesSold $5.70B USD 1 Quarter
Operating OperatingCostsAndExpenses $64.27M USD 1 Quarter
Operating OperatingCostsAndExpenses $56.26M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $22.39M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $20.36M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $54.21M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $52.05M USD 1 Quarter
(Gain) loss on disposal or impairment of assets, net GainLossOnDispositionOfAssets1 $967.00K USD 1 Quarter
(Gain) loss on disposal or impairment of assets, net GainLossOnDispositionOfAssets1 $-101.33M USD 1 Quarter
Revaluation of liabilities BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $800.00K USD 1 Quarter
Revaluation of liabilities BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD 1 Quarter
Operating Income (Loss) OperatingIncomeLoss $46.55M USD 1 Quarter
Operating Income (Loss) OperatingIncomeLoss $-84.55M USD 1 Quarter
Equity in earnings of unconsolidated entities IncomeLossFromEquityMethodInvestments $219.00K USD 1 Quarter
Equity in earnings of unconsolidated entities IncomeLossFromEquityMethodInvestments $8.00K USD 1 Quarter
Interest expense InterestExpense $39.91M USD 1 Quarter
Interest expense InterestExpense $46.27M USD 1 Quarter
Loss on early extinguishment of liabilities, net GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on early extinguishment of liabilities, net GainsLossesOnExtinguishmentOfDebt $-137.00K USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-33.74M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $1.07M USD 1 Quarter
Income (Loss) From Continuing Operations Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $7.73M USD 1 Quarter
Income (Loss) From Continuing Operations Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-164.48M USD 1 Quarter
INCOME TAX BENEFIT (EXPENSE) IncomeTaxExpenseBenefit $-311.00K USD 1 Quarter
INCOME TAX BENEFIT (EXPENSE) IncomeTaxExpenseBenefit $651.00K USD 1 Quarter
Income (Loss) From Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-165.13M USD 1 Quarter
Income (Loss) From Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $8.04M USD 1 Quarter
Loss From Discontinued Operations, net of Tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Loss From Discontinued Operations, net of Tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-4.16M USD 1 Quarter
Net Income (Loss) ProfitLoss $8.04M USD 1 Quarter
Net Income (Loss) ProfitLoss $-169.29M USD 1 Quarter
LESS: NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS NetIncomeLossAttributableToNoncontrollingInterest $-268.00K USD 1 Quarter
LESS: NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS NetIncomeLossAttributableToNoncontrollingInterest $-345.00K USD 1 Quarter
LESS: NET LOSS ATTRIBUTABLE TO REDEEMABLE NONCONTROLLING INTERESTS NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
LESS: NET LOSS ATTRIBUTABLE TO REDEEMABLE NONCONTROLLING INTERESTS NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-398.00K USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO NGL ENERGY PARTNERS LP NetIncomeLoss $8.31M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO NGL ENERGY PARTNERS LP NetIncomeLoss $-168.55M USD 1 Quarter
NET LOSS FROM CONTINUING OPERATIONS ALLOCATED TO COMMON UNITHOLDERS (NOTE 3) NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic $-184.79M USD 1 Quarter
NET LOSS FROM CONTINUING OPERATIONS ALLOCATED TO COMMON UNITHOLDERS (NOTE 3) NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic $-121.07M USD 1 Quarter
NET LOSS FROM DISCONTINUED OPERATIONS ALLOCATED TO COMMON UNITHOLDERS (NOTE 3) NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic - USD 1 Quarter
NET LOSS FROM DISCONTINUED OPERATIONS ALLOCATED TO COMMON UNITHOLDERS (NOTE 3) NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic $-3.75M USD 1 Quarter
NET LOSS ALLOCATED TO COMMON UNITHOLDERS NetIncomeLossAllocatedToLimitedPartners $-188.55M USD 1 Quarter
NET LOSS ALLOCATED TO COMMON UNITHOLDERS NetIncomeLossAllocatedToLimitedPartners $-121.07M USD 1 Quarter
Loss From Continuing Operations IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax $-1.52 USD 1 Quarter
Loss From Continuing Operations IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax $-0.96 USD 1 Quarter
Loss From Discontinued Operations, net of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $-0.03 USD 1 Quarter
Loss From Discontinued Operations, net of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare - USD 1 Quarter
Net Loss NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $-1.55 USD 1 Quarter
Net Loss NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $-0.96 USD 1 Quarter
Loss From Continuing Operations IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $-1.52 USD 1 Quarter
Loss From Continuing Operations IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $-0.96 USD 1 Quarter
Loss From Discontinued Operations, net of Tax IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1 - USD 1 Quarter
Loss From Discontinued Operations, net of Tax IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1 $-0.03 USD 1 Quarter
Net Loss NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $-1.55 USD 1 Quarter
Net Loss NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $-0.96 USD 1 Quarter
BASIC WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) WeightedAverageLimitedPartnershipUnitsOutstanding 125.89M shares 1 Quarter
BASIC WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) WeightedAverageLimitedPartnershipUnitsOutstanding 121.54M shares 1 Quarter
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 121.54M shares 1 Quarter
DILUTED WEIGHTED AVERAGE COMMON UNITS OUTSTANDING (in units) WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 125.89M shares 1 Quarter
Cash Flow Statement 112 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $8.04M USD 1 Quarter
Net income (loss) ProfitLoss $-169.29M USD 1 Quarter
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-4.16M USD 1 Quarter
Depreciation and amortization, including amortization of debt issuance costs DepreciationDepletionAndAmortization $55.94M USD 1 Quarter
Depreciation and amortization, including amortization of debt issuance costs DepreciationDepletionAndAmortization $57.85M USD 1 Quarter
Loss on early extinguishment or revaluation of liabilities, net GainLossonEarlyExtinguishmentofLiabilitiesorRevaluationofLiabilities - USD 1 Quarter
Loss on early extinguishment or revaluation of liabilities, net GainLossonEarlyExtinguishmentofLiabilitiesorRevaluationofLiabilities $-937.00K USD 1 Quarter
Non-cash equity-based compensation expense ShareBasedCompensation $3.70M USD 1 Quarter
Non-cash equity-based compensation expense ShareBasedCompensation $5.51M USD 1 Quarter
(Gain) loss on disposal or impairment of assets, net GainLossOnDispositionOfAssets1 $967.00K USD 1 Quarter
(Gain) loss on disposal or impairment of assets, net GainLossOnDispositionOfAssets1 $-101.33M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $280.00K USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $196.00K USD 1 Quarter
Net adjustments to fair value of commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-52.69M USD 1 Quarter
Net adjustments to fair value of commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $26.50M USD 1 Quarter
Equity in earnings of unconsolidated entities IncomeLossFromEquityMethodInvestments $219.00K USD 1 Quarter
Equity in earnings of unconsolidated entities IncomeLossFromEquityMethodInvestments $8.00K USD 1 Quarter
Lower of cost or market value adjustment InventoryWriteDown $94.00K USD 1 Quarter
Lower of cost or market value adjustment InventoryWriteDown $2.28M USD 1 Quarter
Other OtherNoncashIncomeExpense $1.06M USD 1 Quarter
Other OtherNoncashIncomeExpense $206.00K USD 1 Quarter
Accounts receivable-trade and affiliates IncreaseDecreaseInAccountsReceivable $-251.75M USD 1 Quarter
Accounts receivable-trade and affiliates IncreaseDecreaseInAccountsReceivable $74.93M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $61.46M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $48.86M USD 1 Quarter
Other current and noncurrent assets IncreaseDecreaseInOtherOperatingAssets $-15.97M USD 1 Quarter
Other current and noncurrent assets IncreaseDecreaseInOtherOperatingAssets $7.00M USD 1 Quarter
Accounts payable-trade and affiliates IncreaseDecreaseInAccountsPayable $-30.33M USD 1 Quarter
Accounts payable-trade and affiliates IncreaseDecreaseInAccountsPayable $-156.66M USD 1 Quarter
Other current and noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $13.83M USD 1 Quarter
Other current and noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $-356.00K USD 1 Quarter
Net cash provided by (used in) operating activities-continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-73.19M USD 1 Quarter
Net cash provided by (used in) operating activities-continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $69.89M USD 1 Quarter
Net cash provided by operating activities-discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $32.04M USD 1 Quarter
Net cash provided by operating activities-discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations - USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-41.15M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $69.89M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $72.71M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $155.39M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $116.59M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $54.55M USD 1 Quarter
Net settlements of commodity derivatives PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $60.86M USD 1 Quarter
Net settlements of commodity derivatives PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $-6.45M USD 1 Quarter
Proceeds from sales of assets ProceedsFromSaleOfProductiveAssets $1.67M USD 1 Quarter
Proceeds from sales of assets ProceedsFromSaleOfProductiveAssets $5.41M USD 1 Quarter
Proceeds from divestitures of businesses and investments, net ProceedsFromDivestitureOfBusinesses - USD 1 Quarter
Proceeds from divestitures of businesses and investments, net ProceedsFromDivestitureOfBusinesses $18.59M USD 1 Quarter
Investments in unconsolidated entities PaymentsToAcquireEquityMethodInvestments $6.00K USD 1 Quarter
Investments in unconsolidated entities PaymentsToAcquireEquityMethodInvestments $889.00K USD 1 Quarter
Distributions of capital from unconsolidated entities ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $439.00K USD 1 Quarter
Distributions of capital from unconsolidated entities ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD 1 Quarter
Repayments on loan for natural gas liquids facility ProceedsFromCollectionOfLoansReceivable $2.71M USD 1 Quarter
Repayments on loan for natural gas liquids facility ProceedsFromCollectionOfLoansReceivable $3.02M USD 1 Quarter
Loan to affiliate PaymentsForAdvanceToAffiliate - USD 1 Quarter
Loan to affiliate PaymentsForAdvanceToAffiliate $1.05M USD 1 Quarter
Net cash used in investing activities-continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-224.51M USD 1 Quarter
Net cash used in investing activities-continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-199.25M USD 1 Quarter
Net cash used in investing activities-discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD 1 Quarter
Net cash used in investing activities-discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-23.01M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-199.25M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-247.52M USD 1 Quarter
Proceeds from borrowings under Revolving Credit Facility ProceedsFromLongTermLinesOfCredit $1.14B USD 1 Quarter
Proceeds from borrowings under Revolving Credit Facility ProceedsFromLongTermLinesOfCredit $962.00M USD 1 Quarter
Payments on Revolving Credit Facility RepaymentsOfLongTermLinesOfCredit $1.16B USD 1 Quarter
Payments on Revolving Credit Facility RepaymentsOfLongTermLinesOfCredit $605.50M USD 1 Quarter
Issuance of senior unsecured notes ProceedsFromIssuanceOfSeniorLongTermDebt - USD 1 Quarter
Issuance of senior unsecured notes ProceedsFromIssuanceOfSeniorLongTermDebt $450.00M USD 1 Quarter
Repayment and repurchase of senior unsecured notes EarlyRepaymentOfSubordinatedDebt $5.07M USD 1 Quarter
Repayment and repurchase of senior unsecured notes EarlyRepaymentOfSubordinatedDebt - USD 1 Quarter
Payments on other long-term debt RepaymentsOfOtherLongTermDebt $163.00K USD 1 Quarter
Payments on other long-term debt RepaymentsOfOtherLongTermDebt $163.00K USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $7.87M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $771.00K USD 1 Quarter
Contributions from noncontrolling interest owners, net ProceedsFromMinorityShareholders $169.00K USD 1 Quarter
Contributions from noncontrolling interest owners, net ProceedsFromMinorityShareholders - USD 1 Quarter
Distributions to general and common unit partners and preferred unitholders PaymentsOfCapitalDistribution $62.29M USD 1 Quarter
Distributions to general and common unit partners and preferred unitholders PaymentsOfCapitalDistribution $53.91M USD 1 Quarter
Proceeds from sale of preferred units, net of offering costs ProceedsFromIssuanceOfPreferredLimitedPartnersUnits - USD 1 Quarter
Proceeds from sale of preferred units, net of offering costs ProceedsFromIssuanceOfPreferredLimitedPartnersUnits $42.64M USD 1 Quarter
Payments for redemption of preferred units PaymentsForRepurchaseOfPreferredStockAndPreferenceStock - USD 1 Quarter
Payments for redemption of preferred units PaymentsForRepurchaseOfPreferredStockAndPreferenceStock $265.13M USD 1 Quarter
Repurchase of warrants PaymentsForRepurchaseOfWarrants $14.99M USD 1 Quarter
Repurchase of warrants PaymentsForRepurchaseOfWarrants - USD 1 Quarter
Payments for settlement and early extinguishment of liabilities PaymentsforSettlementandEarlyExtinguishmentofLiabilities $1.20M USD 1 Quarter
Payments for settlement and early extinguishment of liabilities PaymentsforSettlementandEarlyExtinguishmentofLiabilities $543.00K USD 1 Quarter
Investment in NGL Energy Holdings LLC SubsidiaryInvestmentinStockofParent - USD 1 Quarter
Investment in NGL Energy Holdings LLC SubsidiaryInvestmentinStockofParent $-2.36M USD 1 Quarter
Net cash provided by financing activities-continuing operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $280.58M USD 1 Quarter
Net cash provided by financing activities-continuing operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $138.28M USD 1 Quarter
Net cash used in financing activities-discontinued operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $-325.00K USD 1 Quarter
Net cash used in financing activities-discontinued operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $280.25M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $138.28M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $8.93M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $-8.41M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $22.09M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $27.50M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $18.57M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $13.68M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $22.09M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $27.50M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $18.57M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $13.68M USD Point-in-time
Cash interest paid InterestPaidNet $51.11M USD 1 Quarter
Cash interest paid InterestPaidNet $36.54M USD 1 Quarter
Income taxes paid (net of income tax refunds) IncomeTaxesPaidNet $2.54M USD 1 Quarter
Income taxes paid (net of income tax refunds) IncomeTaxesPaidNet $908.00K USD 1 Quarter
Distributions declared but not paid to Class B and Class C preferred unitholders DistributionMadeToLimitedPartnerCashDistributionsDeclared $5.80M USD 1 Quarter
Distributions declared but not paid to Class B and Class C preferred unitholders DistributionMadeToLimitedPartnerCashDistributionsDeclared $4.72M USD 1 Quarter
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $12.66M USD 1 Quarter
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $32.93M USD 1 Quarter
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Beginning Balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.09B USD Point-in-time
Beginning Balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.28B USD Point-in-time
Beginning Balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $1.97B USD Point-in-time
Beginning Balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.15B USD Point-in-time
Distributions to general and common unit partners and preferred unitholders (Note 10) PartnersCapitalAccountDistributions $63.36M USD 1 Quarter
Distributions to general and common unit partners and preferred unitholders (Note 10) PartnersCapitalAccountDistributions $58.63M USD 1 Quarter
Preferred units issued, net of offering costs PartnersCapitalAccountSaleOfUnits $42.64M USD 1 Quarter
Contributions PartnersCapitalAccountContributions $169.00K USD 1 Quarter
Sawtooth joint venture NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest - USD 1 Quarter
Purchase of noncontrolling interest MinorityInterestDecreaseFromRedemptions $-3.96M USD 1 Quarter
Redeemable noncontrolling interest valuation adjustment MinorityInterestChangeInRedemptionValue $-3.30M USD 1 Quarter
Repurchase of warrants PaymentsForRepurchaseOfWarrants $14.99M USD 1 Quarter
Repurchase of warrants PaymentsForRepurchaseOfWarrants - USD 1 Quarter
Equity issued pursuant to incentive compensation plan (Note 10) PartnersCapitalAccountUnitBasedCompensation $2.75M USD 1 Quarter
Equity issued pursuant to incentive compensation plan (Note 10) PartnersCapitalAccountUnitBasedCompensation $4.62M USD 1 Quarter
Warrants exercised (Note 10) StockIssuedDuringPeriodValueConversionOfConvertibleSecurities $2.00K USD 1 Quarter
Warrants exercised (Note 10) StockIssuedDuringPeriodValueConversionOfConvertibleSecurities $15.00K USD 1 Quarter
Accretion of beneficial conversion feature of Class A convertible preferred units (Note 10) ConvertiblePreferredUnitsBeneficialConversionFeatureAccretion $8.98M USD 1 Quarter
Accretion of beneficial conversion feature of Class A convertible preferred units (Note 10) ConvertiblePreferredUnitsBeneficialConversionFeatureAccretion $36.52M USD 1 Quarter
Class A convertible preferred units redemption - amount paid in excess of carrying value (Note 10) PreferredStockRedemptionPremium $-78.80M USD 1 Quarter
Investment in NGL Energy Holdings LLC SubsidiaryInvestmentinStockofParent - USD 1 Quarter
Investment in NGL Energy Holdings LLC SubsidiaryInvestmentinStockofParent $-2.36M USD 1 Quarter
Net (loss) income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $8.04M USD 1 Quarter
Net (loss) income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-168.89M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-11.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $37.00K USD 1 Quarter
Cumulative effect adjustment for adoption of ASC 606 CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $139.31M USD Point-in-time
Cumulative effect adjustment for adoption of ASU 2016-01 NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1 - USD Point-in-time
Ending Balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.09B USD Point-in-time
Ending Balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.28B USD Point-in-time
Ending Balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $1.97B USD Point-in-time
Ending Balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $2.15B USD Point-in-time
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $8.04M USD 1 Quarter
Net income (loss) ProfitLoss $-169.29M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-11.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $37.00K USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-169.30M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $8.08M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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