2020 Q3 Form 10-Q Financial Statement

#000150446120000029 Filed on August 10, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 Q2 2019 Q2
Revenue $1.168B $844.4M $1.872B
YoY Change -35.26% -54.89% -8.91%
Cost Of Revenue $964.9M $677.0M $1.690B
YoY Change -39.28% -59.94% -13.18%
Gross Profit $203.3M $167.4M $182.0M
YoY Change -5.52% -8.02% 67.88%
Gross Profit Margin 17.4% 19.82% 9.72%
Selling, General & Admin $17.50M $17.20M $20.30M
YoY Change -60.14% -15.27% -8.97%
% of Gross Profit 8.61% 10.28% 11.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $90.83M $87.68M $56.12M
YoY Change 38.5% 56.24% 0.32%
% of Gross Profit 44.68% 52.39% 30.84%
Operating Expenses $162.6M $167.7M $136.7M
YoY Change -11.24% 22.68% 4.59%
Operating Profit $36.32M -$10.79M $47.52M
YoY Change 20.59% -122.7% -156.2%
Interest Expense $46.94M $43.96M $39.88M
YoY Change 4.26% 10.24% -13.81%
% of Operating Profit 129.24% 83.92%
Other Income/Expense, Net $1.585M $1.035M $1.010M
YoY Change 766.12% 2.48% -102.99%
Pretax Income $5.214M -$34.07M $8.661M
YoY Change -134.8% -493.34% -105.27%
Income Tax -$774.0K -$301.0K -$321.0K
% Of Pretax Income -14.84% -3.71%
Net Earnings $5.667M -$35.30M $8.307M
YoY Change -102.82% -524.98% -104.93%
Net Earnings / Revenue 0.49% -4.18% 0.44%
Basic Earnings Per Share
Diluted Earnings Per Share $44.25K -$274.1K $65.93K
COMMON SHARES
Basic Shares Outstanding 128.8M shares 128.8M shares 126.0M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q3 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.90M $26.40M $27.50M
YoY Change -20.28% -4.0% 100.73%
Cash & Equivalents $16.91M $26.40M $27.50M
Short-Term Investments
Other Short-Term Assets $74.20M $75.40M $178.7M
YoY Change -62.71% -57.81% -72.51%
Inventory $182.9M $135.9M $519.6M
Prepaid Expenses
Receivables $439.9M $424.8M $912.0M
Other Receivables $14.90M $14.80M $11.50M
Total Short-Term Assets $728.7M $677.4M $1.649B
YoY Change -52.41% -58.93% -30.4%
LONG-TERM ASSETS
Property, Plant & Equipment $2.800B $2.833B $2.016B
YoY Change 12.63% 40.56% 25.62%
Goodwill $982.2M $993.1M $1.153B
YoY Change -16.48% -13.87% -8.71%
Intangibles $1.538B $1.574B $931.7M
YoY Change 28.78% 68.96% 2.66%
Long-Term Investments $21.22M $22.63M $1.585M
YoY Change 1368.17% 1327.51% -20.55%
Other Assets $47.75M $48.74M $125.7M
YoY Change -33.45% -61.24% -28.2%
Total Long-Term Assets $5.558B $5.649B $4.746B
YoY Change 8.28% 19.03% 20.01%
TOTAL ASSETS
Total Short-Term Assets $728.7M $677.4M $1.649B
Total Long-Term Assets $5.558B $5.649B $4.746B
Total Assets $6.286B $6.326B $6.395B
YoY Change -5.67% -1.08% 1.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $379.4M $367.5M $814.1M
YoY Change -54.94% -54.86% -2.64%
Accrued Expenses $127.1M $114.0M $162.8M
YoY Change -7.16% -29.98% 95.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $13.10M $4.500M $600.0K
YoY Change 2083.33% 650.0% 0.0%
Total Short-Term Liabilities $630.0M $616.7M $1.157B
YoY Change -51.49% -46.72% -0.65%
LONG-TERM LIABILITIES
Long-Term Debt $3.275B $3.281B $2.587B
YoY Change 18.1% 26.84% -14.69%
Other Long-Term Liabilities $105.8M $112.0M $61.17M
YoY Change 64.12% 83.17% -3.74%
Total Long-Term Liabilities $105.8M $112.0M $61.17M
YoY Change 64.12% 83.17% -3.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $630.0M $616.7M $1.157B
Total Long-Term Liabilities $105.8M $112.0M $61.17M
Total Liabilities $735.8M $728.8M $1.219B
YoY Change -46.02% -40.2% -0.81%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.090B $2.124B $2.092B
YoY Change
Total Liabilities & Shareholders Equity $6.286B $6.326B $6.395B
YoY Change -5.67% -1.08% 1.12%

Cashflow Statement

Concept 2020 Q3 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $5.667M -$35.30M $8.307M
YoY Change -102.82% -524.98% -104.93%
Depreciation, Depletion And Amortization $90.83M $87.68M $56.12M
YoY Change 38.5% 56.24% 0.32%
Cash From Operating Activities $63.30M $80.41M $69.89M
YoY Change -185.08% 15.05% -269.87%
INVESTING ACTIVITIES
Capital Expenditures -$34.50M -$97.80M -$155.4M
YoY Change -66.73% -37.07% 113.76%
Acquisitions $0.00 $54.55M
YoY Change -100.0% -53.21%
Other Investing Activities $5.200M -$26.40M -$43.90M
YoY Change -101.57% -39.86% -74.89%
Cash From Investing Activities -$29.30M -$124.2M -$199.2M
YoY Change -93.25% -37.66% -19.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -43.40M $47.50M $138.3M
YoY Change -108.65% -65.65% -50.66%
NET CHANGE
Cash From Operating Activities 63.30M $80.41M $69.89M
Cash From Investing Activities -29.30M -$124.2M -$199.2M
Cash From Financing Activities -43.40M $47.50M $138.3M
Net Change In Cash -9.400M $3.696M $8.929M
YoY Change 46.87% -58.61% -206.15%
FREE CASH FLOW
Cash From Operating Activities $63.30M $80.41M $69.89M
Capital Expenditures -$34.50M -$97.80M -$155.4M
Free Cash Flow $97.80M $178.2M $225.3M
YoY Change 233.79% -20.9% 613.97%

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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted1
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1
-0.01
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted1
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1
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CY2020Q2 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
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CY2019Q2 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
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CY2020Q2 us-gaap Weighted Average Limited Partnership Units Outstanding
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CY2019Q2 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
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CY2020Q2 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
128771715 shares
CY2019Q2 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
125886738 shares
CY2020Q2 us-gaap Profit Loss
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CY2019Q2 us-gaap Profit Loss
ProfitLoss
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CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
37000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
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CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2257000 USD
CY2020Q2 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
1349000 USD
CY2020Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-35252000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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44000 USD
CY2020Q2 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
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CY2020Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
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CY2019Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
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2277818000 USD
CY2019Q2 us-gaap Partners Capital Account Distributions
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63359000 USD
CY2019Q2 us-gaap Partners Capital Account Sale Of Units
PartnersCapitalAccountSaleOfUnits
42638000 USD
CY2019Q2 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
2752000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
15000 USD
CY2019Q2 ngl Convertible Preferred Units Beneficial Conversion Feature Accretion
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36517000 USD
CY2019Q2 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
78797000 USD
CY2019Q2 ngl Subsidiary Investmentin Stockof Parent
SubsidiaryInvestmentinStockofParent
-2361000 USD
CY2019Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
8039000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
37000 USD
CY2019Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
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2150265000 USD
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CY2019Q2 us-gaap Profit Loss
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8039000 USD
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1486000 USD
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-943000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
87680000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56117000 USD
CY2019Q2 us-gaap Share Based Compensation
ShareBasedCompensation
3701000 USD
CY2020Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-12022000 USD
CY2019Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
967000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
-27000 USD
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
280000 USD
CY2020Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-27402000 USD
CY2019Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
5559000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
289000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8000 USD
CY2020Q2 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
742000 USD
CY2019Q2 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2020Q2 us-gaap Inventory Write Down
InventoryWriteDown
1950000 USD
CY2019Q2 us-gaap Inventory Write Down
InventoryWriteDown
155000 USD
CY2020Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1223000 USD
CY2019Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1061000 USD
CY2020Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-139734000 USD
CY2019Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-208572000 USD
CY2020Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
68281000 USD
CY2019Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
26954000 USD
CY2020Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-30606000 USD
CY2019Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
34761000 USD
CY2020Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-142439000 USD
CY2019Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-148413000 USD
CY2020Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
42348000 USD
CY2019Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
32554000 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
81852000 USD
CY2019Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
92638000 USD
CY2020Q2 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-1439000 USD
CY2019Q2 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-22744000 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
80413000 USD
CY2019Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69894000 USD
CY2020Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
97815000 USD
CY2019Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
155391000 USD
CY2020Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
54548000 USD
CY2020Q2 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
26653000 USD
CY2019Q2 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-2072000 USD
CY2020Q2 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
150000 USD
CY2019Q2 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1673000 USD
CY2020Q2 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2019Q2 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
889000 USD
CY2020Q2 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
103000 USD
CY2019Q2 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
439000 USD
CY2020Q2 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
0 USD
CY2019Q2 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
3022000 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-124215000 USD
CY2019Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-203622000 USD
CY2020Q2 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-124215000 USD
CY2019Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-199247000 USD
CY2019Q2 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
4375000 USD
CY2020Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
21042000 USD
CY2020Q2 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
442500000 USD
CY2019Q2 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1139000000 USD
CY2020Q2 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
254500000 USD
CY2019Q2 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1155000000 USD
CY2020Q2 ngl Proceedsfrom Issuanceof Senior Longterm Debtand Term Credit Agreement
ProceedsfromIssuanceofSeniorLongtermDebtandTermCreditAgreement
250000000 USD
CY2019Q2 ngl Proceedsfrom Issuanceof Senior Longterm Debtand Term Credit Agreement
ProceedsfromIssuanceofSeniorLongtermDebtandTermCreditAgreement
450000000 USD
CY2020Q2 us-gaap Early Repayment Of Subordinated Debt
EarlyRepaymentOfSubordinatedDebt
250000000 USD
CY2019Q2 us-gaap Early Repayment Of Subordinated Debt
EarlyRepaymentOfSubordinatedDebt
0 USD
CY2020Q2 ngl Early Repaymentof Subordinated Debt Excluding Accrued Interest
EarlyRepaymentofSubordinatedDebtExcludingAccruedInterest
25040000 USD
CY2019Q2 ngl Early Repaymentof Subordinated Debt Excluding Accrued Interest
EarlyRepaymentofSubordinatedDebtExcludingAccruedInterest
0 USD
CY2020Q2 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
163000 USD
CY2019Q2 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
163000 USD
CY2020Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9479000 USD
CY2019Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
7873000 USD
CY2020Q2 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
40810000 USD
CY2019Q2 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
62288000 USD
CY2020Q2 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2257000 USD
CY2019Q2 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2020Q2 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
0 USD
CY2019Q2 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
42638000 USD
CY2020Q2 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
CY2019Q2 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
265128000 USD
CY2020Q2 ngl Paymentsfor Settlementand Early Extinguishmentof Liabilities
PaymentsforSettlementandEarlyExtinguishmentofLiabilities
62753000 USD
CY2019Q2 ngl Paymentsfor Settlementand Early Extinguishmentof Liabilities
PaymentsforSettlementandEarlyExtinguishmentofLiabilities
543000 USD
CY2020Q2 ngl Subsidiary Investmentin Stockof Parent
SubsidiaryInvestmentinStockofParent
0 USD
CY2019Q2 ngl Subsidiary Investmentin Stockof Parent
SubsidiaryInvestmentinStockofParent
-2361000 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
47498000 USD
CY2019Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
138282000 USD
CY2020Q2 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
3696000 USD
CY2019Q2 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
8929000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22704000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18572000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26400000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27501000 USD
CY2020Q2 us-gaap Interest Paid Net
InterestPaidNet
56096000 USD
CY2019Q2 us-gaap Interest Paid Net
InterestPaidNet
36538000 USD
CY2020Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
590000 USD
CY2019Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2537000 USD
CY2020Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
15030000 USD
CY2019Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
5796000 USD
CY2019Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
32926000 USD
CY2020Q2 us-gaap Nature Of Operations
NatureOfOperations
Organization and Operations<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">NGL Energy Partners LP (“we,” “us,” “our,” or the “Partnership”) is </span><span style="font-family:inherit;font-size:10pt;">a Delaware limited partnership</span><span style="font-family:inherit;font-size:10pt;">. </span><span style="font-family:inherit;font-size:10pt;">NGL Energy Holdings LLC serves as our general partner.</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;">At</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;">June 30, 2020</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">our operations included three segments:</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our Crude Oil Logistics segment purchases crude oil from producers and marketers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs, and provides storage, terminaling, and transportation services through its owned assets. Our activities in this segment are supported by certain long-term, fixed rate contracts which include minimum volume commitments on our pipelines.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our Water Solutions segment transports, treats, recycles and disposes of produced and flowback water generated from crude oil and natural gas production. We also dispose of solids such as tank bottoms, drilling fluids and drilling muds and perform other ancillary services such as truck and frac tank washouts. As part of processing water, we are able to aggregate recovered crude oil, also known as skim oil, that was contained in the water and sell the crude oil. We also sell brackish non-potable water to our producer customers to be used in their crude oil exploration and production activities. Our activities in this segment are underpinned by long-term, fixed fee contracts and acreage dedications, some of which contain minimum volume commitments, with leading oil and gas companies including large, investment grade producer customers.</span></div></td></tr></table><div style="line-height:120%;font-size:10pt;padding-left:48px;"><span style="font-family:inherit;font-size:10pt;">•</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our Liquids and Refined Products segment conducts marketing operations for natural gas liquids, refined petroleum products and biodiesel to a broad range of commercial, retail and industrial customers across the United States and Canada. These operations are conducted through our company-owned terminals, other third party storage and terminal facilities, common carrier pipelines and our extensive fleet of leased railcars. We also provide natural gas liquids and refined product terminaling and storage services at our salt dome storage facility joint venture in Utah and marine exports through our facility located in Chesapeake, Virginia. We employ a number of contractual and hedging strategies to minimize commodity exposure and maximize earnings stability of this segment.</span></div>
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
48739000 USD
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
63137000 USD
CY2020Q2 ngl Numberof Contracts
NumberofContracts
1
CY2020Q2 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amount of assets and liabilities reported at the date of the consolidated financial statements and the amount of revenues and expenses reported during the periods presented.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Critical estimates we make in the preparation of our unaudited condensed consolidated financial statements include, among others, determining the fair value of assets and liabilities acquired in acquisitions, the fair value of derivative instruments, the collectibility of accounts and notes receivable, the recoverability of inventories, useful lives and recoverability of property, plant and equipment and amortizable intangible assets, the impairment of long-lived assets and goodwill, the fair value of asset retirement obligations, the value of equity-based compensation, accruals for environmental matters and estimating certain revenues. Although we believe these estimates are reasonable, actual results could differ from those estimates.</span></div>
CY2020Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
55600000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
56400000 USD
CY2020Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
800000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.235
CY2019Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1000000.0 USD
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.246
CY2020Q2 ngl Pipeline Commitments Minimum Shipping Fees
PipelineCommitmentsMinimumShippingFees
21100000 USD
CY2020Q2 ngl Pipeline Commitments Minimum Shipping Fees Current
PipelineCommitmentsMinimumShippingFeesCurrent
4700000 USD
CY2020Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
9941000 USD
CY2020Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
3469000 USD
CY2020Q2 ngl Energy Related Inventory Diesel
EnergyRelatedInventoryDiesel
2239000 USD
CY2020Q2 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
44246000 USD
CY2020Q1 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
18201000 USD
CY2020Q2 us-gaap Energy Related Inventory Propane Gas
EnergyRelatedInventoryPropaneGas
39329000 USD
CY2020Q1 us-gaap Energy Related Inventory Propane Gas
EnergyRelatedInventoryPropaneGas
25163000 USD
CY2020Q2 ngl Energy Related Inventory Butane
EnergyRelatedInventoryButane
32714000 USD
CY2020Q1 ngl Energy Related Inventory Butane
EnergyRelatedInventoryButane
9619000 USD
CY2020Q2 ngl Energy Related Inventory Biodiesel
EnergyRelatedInventoryBiodiesel
8247000 USD
CY2020Q1 ngl Energy Related Inventory Biodiesel
EnergyRelatedInventoryBiodiesel
8195000 USD
CY2020Q2 ngl Energy Related Inventory Ethanol
EnergyRelatedInventoryEthanol
5525000 USD
CY2020Q1 ngl Energy Related Inventory Ethanol
EnergyRelatedInventoryEthanol
1834000 USD
CY2020Q1 ngl Energy Related Inventory Diesel
EnergyRelatedInventoryDiesel
2414000 USD
CY2020Q2 ngl Energy Related Inventory Other Natural Gas Liquids
EnergyRelatedInventoryOtherNaturalGasLiquids
3618000 USD
CY2020Q1 ngl Energy Related Inventory Other Natural Gas Liquids
EnergyRelatedInventoryOtherNaturalGasLiquids
4208000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
135918000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
69634000 USD
CY2020Q2 us-gaap Equity Method Investments
EquityMethodInvestments
22626000 USD
CY2020Q1 us-gaap Equity Method Investments
EquityMethodInvestments
23182000 USD
CY2020Q2 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
2830000 USD
CY2020Q1 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
5374000 USD
CY2020Q2 ngl Other Assets Line Fill Noncurrent
OtherAssetsLineFillNoncurrent
23039000 USD
CY2020Q1 ngl Other Assets Line Fill Noncurrent
OtherAssetsLineFillNoncurrent
25763000 USD
CY2020Q2 ngl Pipeline Commitments Minimum Shipping Fees Noncurrent
PipelineCommitmentsMinimumShippingFeesNoncurrent
16374000 USD
CY2020Q1 ngl Pipeline Commitments Minimum Shipping Fees Noncurrent
PipelineCommitmentsMinimumShippingFeesNoncurrent
17443000 USD
CY2020Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
6496000 USD
CY2020Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
14557000 USD
CY2020Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
232062000 USD
CY2020Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
142836000 USD
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
26646000 USD
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
29990000 USD
CY2020Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
9549000 USD
CY2020Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
17777000 USD
CY2020Q2 us-gaap Interest Payable Current
InterestPayableCurrent
24106000 USD
CY2020Q1 us-gaap Interest Payable Current
InterestPayableCurrent
39803000 USD
CY2020Q2 ngl Product Exchange Liabilities Current
ProductExchangeLiabilitiesCurrent
2749000 USD
CY2020Q1 ngl Product Exchange Liabilities Current
ProductExchangeLiabilitiesCurrent
1687000 USD
CY2020Q2 ngl Business Combination Fair Valueof Consideration To Be Paid In Installments
BusinessCombinationFairValueofConsiderationToBePaidInInstallments
36169000 USD
CY2020Q1 ngl Business Combination Fair Valueof Consideration To Be Paid In Installments
BusinessCombinationFairValueofConsiderationToBePaidInInstallments
102419000 USD
CY2020Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
40148000 USD
CY2020Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
30445000 USD
CY2020Q2 us-gaap Reclassifications
Reclassifications
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</span></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have reclassified certain prior period financial statement information to be consistent with the classification methods used in the current fiscal year. These reclassifications did not impact previously reported amounts of assets, liabilities, equity, net income, or cash flows.</span></div>
CY2020Q2 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
1100000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-33766000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
8982000 USD
CY2019Q2 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-942000 USD
CY2020Q2 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-57300000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
9250000 USD
CY2019Q2 us-gaap Depreciation
Depreciation
25456000 USD
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-943000 USD
CY2020Q2 ngl Net Income Loss From Discontinued Operations Allocated To General Partner
NetIncomeLossFromDiscontinuedOperationsAllocatedToGeneralPartner
1000 USD
CY2020Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1668000 USD
CY2019Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 USD
CY2019Q2 ngl Net Income Loss From Discontinued Operations Allocated To General Partner
NetIncomeLossFromDiscontinuedOperationsAllocatedToGeneralPartner
1000 USD
CY2020Q2 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-1485000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
51000 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-268000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-33817000 USD
CY2020Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
22054000 USD
CY2019Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
129460000 USD
CY2020Q2 ngl Net Income Loss From Continuing Operations Allocated To General Partner
NetIncomeLossFromContinuingOperationsAllocatedToGeneralPartner
56000 USD
CY2019Q2 ngl Net Income Loss From Continuing Operations Allocated To General Partner
NetIncomeLossFromContinuingOperationsAllocatedToGeneralPartner
84000 USD
CY2020Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-55815000 USD
CY2019Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-120126000 USD
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1486000 USD
CY2019Q2 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-121068000 USD
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3403808000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3380623000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
570806000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
529068000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2833002000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2851555000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
46723000 USD
CY2020Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
2174000 USD
CY2019Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-488000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
993587000 USD
CY2020Q2 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-473000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
993114000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2241799000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
670383000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1571416000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2241129000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
631449000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1609680000 USD
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2244599000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
670383000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1574216000 USD
CY2020Q2 ngl Longterm Debtand Capital Lease Obligations Face Amount
LongtermDebtandCapitalLeaseObligationsFaceAmount
3305424000 USD
CY2020Q1 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
0 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4683000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1612480000 USD
CY2020Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2243929000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
631449000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P18Y8M12D
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
38934000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29812000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
105660000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
131329000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
122766000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
116563000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
100334000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
994764000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1571416000 USD
CY2020Q2 ngl Debt Face Amount
DebtFaceAmount
3309945000 USD
CY2020Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
24022000 USD
CY2020Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3285923000 USD
CY2020Q1 ngl Debt Face Amount
DebtFaceAmount
3169326000 USD
CY2020Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
19795000 USD
CY2020Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3149531000 USD
CY2020Q2 ngl Longterm Debtand Capital Lease Obligations Current Face Amount
LongtermDebtandCapitalLeaseObligationsCurrentFaceAmount
4521000 USD
CY2020Q2 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
0 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4521000 USD
CY2020Q1 ngl Longterm Debtand Capital Lease Obligations Current Face Amount
LongtermDebtandCapitalLeaseObligationsCurrentFaceAmount
4683000 USD
CY2020Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2000000.0 USD
CY2020Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
24022000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3281402000 USD
CY2020Q1 ngl Longterm Debtand Capital Lease Obligations Face Amount
LongtermDebtandCapitalLeaseObligationsFaceAmount
3164643000 USD
CY2020Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
19795000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3144848000 USD
CY2020Q2 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
830000 USD
CY2019Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
800000 USD
CY2020Q2 ngl Future Amortizationof Debt Issuance Costs Remainderof Fiscal Year
FutureAmortizationofDebtIssuanceCostsRemainderofFiscalYear
4852000 USD
CY2020Q2 ngl Future Amortizationof Debt Issuance Costs Year Two
FutureAmortizationofDebtIssuanceCostsYearTwo
6429000 USD
CY2020Q2 ngl Future Amortizationof Debt Issuance Costs Year Three
FutureAmortizationofDebtIssuanceCostsYearThree
6421000 USD
CY2020Q2 ngl Future Amortizationof Debt Issuance Costs Year Four
FutureAmortizationofDebtIssuanceCostsYearFour
3322000 USD
CY2020Q2 ngl Future Amortizationof Debt Issuance Costs Year Five
FutureAmortizationofDebtIssuanceCostsYearFive
1864000 USD
CY2020Q2 ngl Future Amortizationof Debt Issuance Costs After Year Five
FutureAmortizationofDebtIssuanceCostsAfterYearFive
1134000 USD
CY2020Q2 ngl Future Amortizationof Debt Issuance Costs
FutureAmortizationofDebtIssuanceCosts
24022000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
4521000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1658000000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
842323000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
380020000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
425081000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
3309945000 USD
CY2020Q2 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
4000000.0 USD
CY2020Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
2500000 USD
CY2020Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
1900000 USD
CY2020Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
354000 USD
CY2020Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
18416000 USD
CY2020Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
19600000 USD
CY2020Q2 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
12455000 USD
CY2020Q2 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
11838000 USD
CY2020Q2 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
4497000 USD
CY2020Q2 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
197000 USD
CY2020Q2 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
172000 USD
CY2020Q2 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
526000 USD
CY2020Q2 us-gaap Other Commitment
OtherCommitment
29685000 USD
CY2020Q2 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
2500000 USD
CY2020Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.2000
CY2020Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
25754000 USD
CY2020Q2 us-gaap General Partner Distributions
GeneralPartnerDistributions
26000 USD
CY2020Q1 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
69384000 USD
CY2020Q2 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
14473000 USD
CY2020Q2 ngl Derivative Collateral Obligation To Return Right To Reclaim Cash
DerivativeCollateralObligationToReturnRightToReclaimCash
-3688000 USD
CY2020Q2 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
18161000 USD
CY2020Q1 ngl Derivative Collateral Obligation To Return Right To Reclaim Cash
DerivativeCollateralObligationToReturnRightToReclaimCash
50474000 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
18910000 USD
CY2020Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-27400000 USD
CY2019Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
5600000 USD
CY2020Q2 us-gaap Revenues
Revenues
844415000 USD
CY2019Q2 us-gaap Revenues
Revenues
1871891000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
87680000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56117000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-10785000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
47520000 USD
CY2020Q2 ngl Additions To Property Plant And Equipment And Intangible Assets And Payments To Acquire Property Plantand Equipment And Intangible Assets
AdditionsToPropertyPlantAndEquipmentAndIntangibleAssetsAndPaymentsToAcquirePropertyPlantandEquipmentAndIntangibleAssets
29938000 USD
CY2019Q2 ngl Additions To Property Plant And Equipment And Intangible Assets And Payments To Acquire Property Plantand Equipment And Intangible Assets
AdditionsToPropertyPlantAndEquipmentAndIntangibleAssetsAndPaymentsToAcquirePropertyPlantandEquipmentAndIntangibleAssets
224997000 USD
CY2020Q2 us-gaap Noncurrent Assets
NoncurrentAssets
5577342000 USD
CY2020Q1 us-gaap Noncurrent Assets
NoncurrentAssets
5638330000 USD
CY2020Q2 us-gaap Assets
Assets
6326086000 USD
CY2020Q1 us-gaap Assets
Assets
6498736000 USD
CY2020Q2 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
14814000 USD
CY2020Q1 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
12934000 USD
CY2020Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
22864000 USD
CY2020Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
17717000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
210387000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
181644000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
204131000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
173712000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
147638000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
164437000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1081949000 USD
CY2020Q1 us-gaap Receivables From Customers
ReceivablesFromCustomers
372930000 USD
CY2020Q2 us-gaap Receivables From Customers
ReceivablesFromCustomers
324290000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
19536000 USD
CY2020Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
12711000 USD
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-6921000 USD
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
25326000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
18277000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
29398000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
4879000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1808000 USD
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
396000 USD
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
126000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
23552000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
31332000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
61077000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
44199000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
30703000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
19332000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
10252000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
59762000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
225325000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
50619000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
174706000 USD
CY2020Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
17678000 USD
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
29108000 USD
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12642000 USD
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
552527000 USD
CY2020Q2 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
4300000 USD
CY2020Q2 us-gaap Sublease Income
SubleaseIncome
700000 USD
CY2019Q2 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
5400000 USD
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
1400000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
12666000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
8112000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
5605000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
3001000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
2165000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
11275000 USD
CY2020Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
42824000 USD
CY2020Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
16198000 USD
CY2019Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
4766000000 USD
CY2020Q2 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
16311000 USD
CY2019Q2 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
4763537000 USD
CY2020Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
208000 USD
CY2019Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
2955000 USD
CY2020Q2 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
0 USD
CY2019Q2 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
21000 USD
CY2020Q2 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
0 USD
CY2019Q2 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
454000 USD
CY2020Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1065000 USD
CY2019Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 USD
CY2020Q2 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-1386000 USD
CY2019Q2 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-967000 USD
CY2020Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
100000 USD
CY2019Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
31000 USD
CY2020Q2 ngl Disposal Group Including Discontinued Operation Other Income Expense
DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpense
0 USD
CY2019Q2 ngl Disposal Group Including Discontinued Operation Other Income Expense
DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpense
65000 USD
CY2020Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-1486000 USD
CY2019Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-933000 USD
CY2020Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
0 USD
CY2019Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
10000 USD
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1486000 USD
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-943000 USD
CY2020Q2 ngl Amount Receivedfrom Dc Cand Superiorfor Propane Sales
AmountReceivedfromDCCandSuperiorforPropaneSales
600000 USD

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