Analysts expect NGL Energy Partners to report Q3 2026 revenue of $869.29 million and earnings per share of $0.22, with the current stock price of $16.52 trailing the consensus analyst target of $28.00.
The primary focus for investors is the operational growth of the Water Solutions segment, which now contributes the vast majority of the partnership's adjusted EBITDA.
Recent performance has been bolstered by a major $950 million refinancing transaction that improved the capital structure and reduced high-interest debt burdens.
Investors are looking for confirmation that water volumes in the Delaware Basin remain on track to meet management's full-year fiscal 2027 adjusted EBITDA guidance of $715 million to $725 million.