NGL Energy Partners raises fiscal 2027 adjusted EBITDA guidance to $735-$745 million
NGL•NGL Energy Partners raised its fiscal 2027 adjusted EBITDA guidance to $735 million-$745 million, implying about 12% annual growth. Second-quarter adjusted EBITDA from continuing operations rose 15% to $192.4 million, while produced water volumes reached a record 3.45 million barrels per day.
1. Guidance and quarterly results
NGL Energy Partners raised fiscal 2027 adjusted EBITDA guidance to $735 million-$745 million, implying about 12% annual growth. Second-quarter adjusted EBITDA from continuing operations rose 15% to $192.4 million from $167.3 million a year earlier. Produced water volumes reached a record 3,450,000 barrels per day, up 22.9% year over year.
