MarketCatalyst
← Back to Research
Earnings

NGL Energy Partners Beats Fiscal Q2 2027 Estimates as Revenue Rises 46% to $986.6M

Revenue of $986.6M vs. $869.3M expected and adjusted EPS of $0.24 vs. $0.22; revenue up 46% from a year earlier.

Published Nov 5, 2026 · 5:21 PM ET · 2 min read

NGL Energy Partners (NGL) beat estimates for the fiscal second quarter of 2027 on both revenue and adjusted EPS. Revenue was $986.6 million, up 46% from a year earlier, above the $869.3 million estimate, and adjusted EPS was $0.24, up 1100% from a year earlier, above the $0.22 estimate.

Shares rose 1.0% in after-hours trading as of 5:06 p.m. ET, to $14.90 from a $14.75 close.

$0.24
Adjusted EPS, up 1100% YoY vs. $0.22 estimate
$986.6M
Revenue, up 46% YoY vs. $869.3M estimate
+1.0%
Shares after hours as of 5:06 p.m. ET

Fiscal Q2 2027 scorecard

ParametersExpectedActualBeat/Miss
Adjusted EPS$0.22$0.24Beat by 9.1%
Revenue$869.3M$986.6MBeat by 13%
ChangeYoYQoQ
Adjusted EPS▲ 1100%▼ 50%
Revenue▲ 46%▼ 0.3%

By our calculation, revenue was $117.3 million above the estimate and adjusted EPS was $0.02 above it. The QoQ column compares with the previous quarter's revenue of $990.0 million and adjusted EPS of $0.48. The YoY column compares with $674.7 million and $0.02 in the same quarter a year earlier.

GAAP results

  • GAAP EPS. GAAP diluted EPS was -$0.35, against $0.02 a year earlier.
  • Net loss. The company reported a net loss of $44.3 million on a GAAP basis, compared with net income of $29.3 million a year earlier.

Track record

  • EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
  • Revenue record. Revenue beat the estimate in 5 of the last 8 reports.
  • Revenue trend. Revenue over the last 5 reports, oldest first: $674.7 million, $909.8 million, $949.5 million, $990.0 million and $986.6 million.

What to watch

  • Next-quarter estimates. Consensus calls for EPS of $0.33 and revenue of $1.10 billion next quarter, based on 1 analyst.
  • Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 46% increase to $986.6 million.
  • Estimate record. Whether NGL Energy Partners extends a record of beating EPS estimates in 4 of its last 8 reports.
  • Related coverage. See our reports on SiriusPoint, Karat Packaging, Consolidated Edison and NuScale Power.

Sources: Results are from NGL Energy Partners's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from NGL Energy Partners's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.

Readers also read

MarketCatalyst is not a registered investment advisor and does not manage client assets. Content on this platform is provided for informational and educational purposes only. It is not investment advice, and MarketCatalyst is not a stock-picking or trade-alert service. Trading stocks and options involves risk, including the possible loss of principal. Consider your own goals, time horizon, and risk tolerance, and consult a qualified financial advisor before making any investment decision.