GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

NGL · Jun 30, 2026

NGL Energy Partners LP. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.

STATE CAPABILITYLEVEL 4[email protected]

Inspectable configuration

State dimensions

Filing0001504461-26-000016General Corporate

Debt relative to revenue90thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.debt_to_revenue

330.88% · OPTIONAL · VALID

Capex intensity95thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.capex_revenue_ratio

10.99% · OPTIONAL · VALID

Operating cash generation75thOwn-history percentile · N=20

Evidence method

Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue

7.78% · OPTIONAL · VALID

Revenue growth94thOwn-history percentile · N=17

Evidence method

Yoy · gp.fundamentals.revenue

59.12% · CORE · VALID

Inventory pressure25thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.inventory_revenue_ratio

6.84% · OPTIONAL · VALID

Operating margin95thOwn-history percentile · N=20

Evidence method

Level · gp.fundamentals.operating_margin

14.68% · CORE · VALID

SBC intensity94thOwn-history percentile · N=18

Evidence method

Level · gp.fundamentals.sbc_revenue_ratio

0.20% · OPTIONAL · VALID

As-filed lineage

Fundamental state history

Each observation is tied to the filing and facts available at that report date. Amendments remain separate.

History18 statesSelf-history eligible

Period transition

What moved in the state?

Balance Sheet Leverage Increased

Previous: 102.48%
Current: 330.88%
Delta: 228.39%

Capex Intensity Increased

Previous: 7.01%
Current: 10.99%
Delta: 3.98%

Cash Generation Decreased

Previous: 11.59%
Current: 7.78%
Delta: -3.81%

Growth Increased

Previous: -9.02%
Current: 59.12%
Delta: 68.15%

Inventory Pressure Increased

Previous: 2.13%
Current: 6.84%
Delta: 4.70%

Profitability Increased

Previous: 3.00%
Current: 14.68%
Delta: 11.68%

Sbc Intensity Decreased

Previous: 0.35%
Current: 0.20%
Delta: -0.15%

Self-history only

Previous similar states

Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.

Jun 30, 2023

Similarity: 73%
Compared: 6 dimensions
Coverage: 86%

Profitability 6.1 · Sbc Intensity 50.0 · Capex Intensity 28.3 · Cash Generation 8.3 · Inventory Pressure 19.4 · Balance Sheet Leverage 23.3

Dec 31, 2025

Similarity: 68%
Compared: 6 dimensions
Coverage: 86%

Growth 74.1 · Profitability 5.5 · Capex Intensity 5.0 · Cash Generation 25.0 · Inventory Pressure 6.6 · Balance Sheet Leverage 0.5

Dec 31, 2023

Similarity: 58%
Compared: 6 dimensions
Coverage: 86%

Profitability 5.0 · Sbc Intensity 76.3 · Capex Intensity 40.5 · Cash Generation 2.3 · Inventory Pressure 2.3 · Balance Sheet Leverage 53.6

Jun 30, 2025

Similarity: 58%
Compared: 6 dimensions
Coverage: 86%

Growth 94.1 · Profitability 5.0 · Capex Intensity 13.8 · Cash Generation 4.4 · Inventory Pressure 39.7 · Balance Sheet Leverage 10.0

Jun 30, 2024

Similarity: 52%
Compared: 7 dimensions
Coverage: 100%

Growth 71.9 · Profitability 2.7 · Sbc Intensity 79.1 · Capex Intensity 5.0 · Cash Generation 67.3 · Inventory Pressure 21.2 · Balance Sheet Leverage 2.3

Research Graph

Related governed research

Compared To · Natural Gas Transmission peers →Analogous To · NGL state analogue 1 →Analogous To · NGL state analogue 4 →Analogous To · NGL state analogue 3 →Analogous To · NGL state analogue 2 →Analogous To · NGL state analogue 5 →Transitioned To · NGL Fundamental State →Transitioned To · NGL BALANCE_SHEET_LEVERAGE_INCREASED →Transitioned To · NGL CAPEX_INTENSITY_INCREASED →Transitioned To · NGL CASH_GENERATION_DECREASED →Transitioned To · NGL GROWTH_INCREASED →Transitioned To · NGL INVENTORY_PRESSURE_INCREASED →

Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.