Here is Why NGL Energy Partners (NGL) Skyrocketed This Week

The share price of NGL Energy Partners LP (NYSE:NGL) surged by 47.37% between October 31 and November 7, 2025, putting it among the Energy Stocks that Gained the Most This Week.

NGL Energy Partners LP (NYSE:NGL) is a diversified midstream MLP that provides multiple services to producers and end-users, including transportation, storage, blending, and marketing of crude oil, NGLs, refined products/renewables, and water solutions.

NGL Energy Partners LP (NYSE:NGL) reported better-than-expected results for the second quarter of its FY 2026 on November 4, with the company beating consensus in both earnings and revenue due to record water volumes and 30% growth in Grand Mesa volumes. NGL posted an income from continuing operations of $29.8 million for Q2 2026, compared to $7.5 million for the same period last year.

Notably, NGL Energy Partners LP (NYSE:NGL) raised its consolidated adjusted EBITDA guidance range to $650 million-$660 million for FY 2026, up from $615 million-$625 million previously. Moreover, the company also increased its growth capital from $60 million to $160 million on the back of new contracts that are supported by 500,000 barrels per day of producer volume commitments.

Following the recent uptick, the share price of NGL Energy Partners LP (NYSE:NGL) has surged by over 83% since the beginning of 2025.

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Disclosure: None.