Stock Track | NGL Energy Partners Soars 6.05% After-Hours on Strong Q2 Revenue Beat

Stock Track11-05

NGL Energy Partners LP (NYSE: NGL) saw its stock surge 6.05% in after-hours trading on Tuesday, following the release of its second-quarter fiscal 2026 financial results. The company's performance exceeded analyst expectations, particularly in terms of revenue.

NGL Energy Partners reported quarterly revenue of $674.677 million, significantly beating the analyst consensus estimate of $603.187 million by 11.85%. This strong top-line performance appears to be the primary driver behind the stock's post-market rally. The company's earnings per share (EPS) came in at $0.02, meeting analyst expectations and marking a substantial improvement from the $0.21 loss per share reported in the same quarter last year.

While the revenue figure represents a 50.13% decrease compared to the $1.353 billion reported in the same period last year, investors seem to be focusing on the company's ability to exceed current market expectations and its return to profitability. The positive reaction in after-hours trading suggests that market participants are optimistic about NGL Energy Partners' financial health and future prospects, despite the year-over-year revenue decline.

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