MarketBeat
08 Nov 2026, 08:14 UTC · 4h ago
NGL Energy Partners Q2 Earnings Call Highlights
Impact · against what's priced in
NGL Energy Partners shows strong operational momentum in its Water Solutions segment, evidenced by record volumes and an EBITDA guidance raise. The increased growth capex suggests a pivot toward aggressive capacity expansion to capture Delaware Basin demand, positioning the company for higher FY2028 earnings.
- NGL+0.60
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- In context
The partnership raised fiscal 2027 adjusted EBITDA guidance by $10 million to a range of $735-745 million and increased growth capex to $250-270 million to address water handling shortages in the Delaware Basin.
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