NGL Energy Partners LP(US:NGL) Businesswire·2026-02-03 21:31Financial Results - Adjusted EBITDA from continuing operations for Q3 Fiscal 2026 was $172.5 million, up from $158.0 million in Q3 Fiscal 2025, representing a growth of 9.4% [1] - Income from continuing operations for Q3 Fiscal 2026 was $48.2 million, compared to $23.7 million in Q3 Fiscal 2025, indicating a significant increase of 103.8% [1] - Total revenues for Q3 Fiscal 2026 were $909.8 million, compared to $982.4 million in Q3 Fiscal 2025 [5] Water Solutions Segment - Paid and physically disposed water volumes reached 3.13 million barrels per day in Q3 Fiscal 2026, a 7% increase from the previous year [1] - Record produced water volumes disposed of were approximately 3.07 million barrels per day, growing 17.1% from Q3 Fiscal 2025 [1] - Operating income for the Water Solutions segment increased by $32.8 million compared to the same quarter last year, driven by higher disposal revenues and increased water pipeline revenue [2] Equity Transactions - The company repurchased 1,611,088 common units during the quarter, totaling 8,698,477 units repurchased at an average price of $5.6963 [1] - In October, NGL purchased an additional 18,506 Class D preferred units, bringing the total redeemed to approximately 15% of the originally outstanding units [1] Capitalization and Liquidity - Total liquidity as of December 31, 2025, was approximately $331.1 million, with borrowings on the asset-based revolving credit facility totaling about $92.0 million [2] - The company is in compliance with all debt covenants and has no upcoming debt maturities [2] Forward-Looking Statements - The company reaffirmed its full-year guidance for Adjusted EBITDA between $650 million to $660 million and anticipates Fiscal 2027 Adjusted EBITDA to exceed $700 million [1]