Ngl Energy Partners LP Guides FY27 Consolidated Adj. EBITDA To $715M-$725M; Guides FY27 Maintenance Capex $45M; Growth capex $200M
NGL Energy Partners LP NGL | 0.00 |
"The Partnership ended Fiscal 2026, with Adjusted EBITDA(1) of $660.2 million, at the high end of our previous guidance of $650 - $660 million. Fiscal 2027 is off to a solid start and we have more opportunities to continue growing our water business as well as addressing our capital structure and strengthening our balance sheet," stated Mike Krimbill, NGL's CEO. "We are guiding Fiscal 2027 full year consolidated Adjusted EBITDA(2) to a range of $715 - $725 million, the high end of which is a 10% increase above our Fiscal 2026 predominantly driven by the strong momentum we have in our Water Solutions segment. Also we are guiding to $45 million in maintenance and $200 million of growth capital expenditures for Fiscal 2027," Krimbill concluded.
