<ul>
<li>NGL Energy Partners LP 最近发布了 2026 财年第二季度的业绩，报告收入为 6.7468 亿美元，净收入为 2928 万美元，均较去年有所增长，同时将全年调整后的 EBITDA 指引上调至 6.5 亿至 6.6 亿美元。</li>
<li>一个有趣的发展是公司决定将增长资本支出从 6000 万美元提升至 1.6 亿美元，这得益于涉及每日 50 万桶生产商量承诺的新合同。</li>
<li>我们将探讨提高的盈利前景和扩展的增长计划如何塑造 NGL Energy Partners 的投资叙事。</li>
</ul>
<p>通过财务稳健的低价股发现下一个大机会，平衡风险与回报。</p>
<h2>NGL Energy Partners 的投资叙事是什么？</h2>
<p>对于考虑投资 NGL Energy Partners 的投资者来说，整体情况是权衡公司从稳定转向增长的变化，现在这一变化因其提高的盈利指引和扩大的资本支出而更加明显。最近调整后的 EBITDA 指引的激增，得益于水和管道量的增强，可能会显著影响短期催化剂，使增长计划成为焦点。这些举措，加上最近的股票回购，表明管理层对新量合同的可见性和可持续性充满信心，可能改善市场情绪和资本配置纪律。然而，挑战依然存在，特别是关于公司未来几年收入下降的预测以及其持续实现盈利的旅程。随着资本承诺的快速变化和传统上波动较大的行业，合同执行和宏观条件的风险因素可能与此次盈利更新前有所不同。审查这些最新合同如何重塑收入和现金流预期至关重要。然而，值得注意的是，投资者应关注新量合同的执行风险。</p>
<p>NGL Energy Partners 的股票正在上涨，但它们是否可能被高估？揭示它们比公允价值高出多少。</p>
<h2>探索其他视角</h2>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/fe476c89-5619-4175-ae48-c730c8a95f34/chart/earnings-and-revenue-growth?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/fe476c89-5619-4175-ae48-c730c8a95f34/chart/earnings-and-revenue-growth"/></p>
<p>截至 2025 年 11 月的 NGL 收益与收入增长</p>
<p>Simply Wall St 社区的估计将 NGL 的公允价值定在 2.71 美元至 7.03 美元之间，仅有两个意见被列出。虽然一些人看到广阔的潜在上行或下行空间，但意见仍然分歧，尤其是新的生产商合同可能会影响未来的收入趋势。这提醒我们，尤其是在增长计划加速的情况下，前景的多样性是多么显著。</p>
<p>探索 NGL Energy Partners 的另外两个公允价值估计——为什么该股票可能值高达 7.03 美元！</p>
<h2>构建您自己的 NGL Energy Partners 叙事</h2>
<p>不同意这一评估？在 3 分钟内创建您自己的叙事——非凡的投资回报通常不是跟随大众而来。</p>
<ul>
<li>您进行 NGL Energy Partners 研究的一个良好起点是我们的分析，突出了可能影响您投资决策的两个关键回报。</li>
<li>我们的免费 NGL Energy Partners 研究报告提供了全面的基本面分析，汇总在一个视觉图中——雪花图，使您能够一目了然地评估 NGL Energy Partners 的整体财务健康状况。</li>
</ul>
<h2>准备好探索其他投资风格了吗？</h2>
<p>不要错过下一个十倍股的机会。我们最新的股票推荐刚刚发布：</p>
<ul>
<li>特朗普的石油繁荣来了——管道准备好获利。发现 22 只乘风破浪的美国股票。</li>
<li>超越巨头：这 25 只早期阶段的 AI 股票可能为您的退休提供资金。</li>
<li>稀土金属是大多数高科技设备、军事和国防系统以及电动车的原材料。全球竞赛正在进行，以确保这些关键矿物的供应。抢先发现这 37 只稀土金属股票，它们是为数不多的开采这一重要战略资源的公司。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也不考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

<p>NGL Energy Partners 报告了 2026 财年第二季度的收入为 6.7468 亿美元，净收入为 2928 万美元，并将调整后的 EBITDA 指导上调至 6.5 亿至 6.6 亿美元。公司将增长资本支出从 6000 万美元提高至 1.6 亿美元，得益于新合同的支持。尽管面临预测收入下降和执行风险等挑战，投资者应考虑从稳定转向增长的变化。公允价值估计范围为 2.71 美元至 7.03 美元，突显出不同的前景。Simply Wall St 提供基于历史数据和预测的分析，并非财务建议</p>

<ul>
<li>NGL Energy Partners LP recently released its second quarter fiscal 2026 results, reporting revenue of US$674.68 million and net income of US$29.28 million, both up from the prior year, along with an increased adjusted EBITDA guidance to US$650–660 million for the full year.</li>
<li>An interesting development is the company's decision to boost growth capital expenditures from US$60 million to US$160 million, backed by new contracts involving 500,000 barrels per day of producer volume commitments.</li>
<li>We will explore how the raised earnings outlook and expanded growth initiatives shape NGL Energy Partners' investment narrative.</li>
</ul>
<div class="lb-trans"><ul>
<li>NGL Energy Partners LP 最近发布了 2026 财年第二季度的业绩，报告收入为 6.7468 亿美元，净收入为 2928 万美元，均较去年有所增长，同时将全年调整后的 EBITDA 指引上调至 6.5 亿至 6.6 亿美元。</li>
<li>一个有趣的发展是公司决定将增长资本支出从 6000 万美元提升至 1.6 亿美元，这得益于涉及每日 50 万桶生产商量承诺的新合同。</li>
<li>我们将探讨提高的盈利前景和扩展的增长计划如何塑造 NGL Energy Partners 的投资叙事。</li>
</ul>
</div><p>Uncover the next big thing with financially sound penny stocks that balance risk and reward.</p>
<div class="lb-trans"><p>通过财务稳健的低价股发现下一个大机会，平衡风险与回报。</p>
</div><h2>What Is NGL Energy Partners' Investment Narrative?</h2>
<div class="lb-trans"><h2>NGL Energy Partners 的投资叙事是什么？</h2>
</div><p>For investors considering NGL Energy Partners, the big picture is about weighing the company's shift from stabilization to growth, now punctuated by its raised earnings guidance and expanded capital spending. The recent surge in adjusted EBITDA guidance, backed by strengthening water and pipeline volumes, could impact near-term catalysts substantially, positioning growth initiatives front and center. These moves, along with recent share buybacks, suggest management is confident in the visibility and sustainability of new volume contracts, potentially improving sentiment and capital allocation discipline. However, challenges remain, particularly around the company's forecast revenue decline over the next few years and its ongoing journey to consistent profitability. With rapidly changing capital commitments and a traditionally volatile sector, risk factors around contract execution and macro conditions may look different now than they did before this earnings update. Reviewing how these latest contracts reshape revenue and cash flow expectations is key. Yet, it's worth noting that execution risk on new volume contracts is something investors should keep an eye on.</p>
<div class="lb-trans"><p>对于考虑投资 NGL Energy Partners 的投资者来说，整体情况是权衡公司从稳定转向增长的变化，现在这一变化因其提高的盈利指引和扩大的资本支出而更加明显。最近调整后的 EBITDA 指引的激增，得益于水和管道量的增强，可能会显著影响短期催化剂，使增长计划成为焦点。这些举措，加上最近的股票回购，表明管理层对新量合同的可见性和可持续性充满信心，可能改善市场情绪和资本配置纪律。然而，挑战依然存在，特别是关于公司未来几年收入下降的预测以及其持续实现盈利的旅程。随着资本承诺的快速变化和传统上波动较大的行业，合同执行和宏观条件的风险因素可能与此次盈利更新前有所不同。审查这些最新合同如何重塑收入和现金流预期至关重要。然而，值得注意的是，投资者应关注新量合同的执行风险。</p>
</div><p>NGL Energy Partners' shares are on the way up, but could they be overextended? Uncover how much higher they are than fair value.</p>
<div class="lb-trans"><p>NGL Energy Partners 的股票正在上涨，但它们是否可能被高估？揭示它们比公允价值高出多少。</p>
</div><h2>Exploring Other Perspectives</h2>
<div class="lb-trans"><h2>探索其他视角</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/fe476c89-5619-4175-ae48-c730c8a95f34/chart/earnings-and-revenue-growth" alt="" original-src="https://images.simplywall.st/company/fe476c89-5619-4175-ae48-c730c8a95f34/chart/earnings-and-revenue-growth"/></p>
<p>NGL Earnings &amp; Revenue Growth as at Nov 2025</p>
<div class="lb-trans"><p>截至 2025 年 11 月的 NGL 收益与收入增长</p>
</div><p>Simply Wall St Community estimates place NGL’s fair value between US$2.71 and US$7.03, with only two opinions featured. While some see wide potential upside or downside, opinions remain split, especially with new producer contracts likely to affect future revenue trends. This is a good reminder of just how varied outlooks can be, especially as growth plans accelerate.</p>
<div class="lb-trans"><p>Simply Wall St 社区的估计将 NGL 的公允价值定在 2.71 美元至 7.03 美元之间，仅有两个意见被列出。虽然一些人看到广阔的潜在上行或下行空间，但意见仍然分歧，尤其是新的生产商合同可能会影响未来的收入趋势。这提醒我们，尤其是在增长计划加速的情况下，前景的多样性是多么显著。</p>
</div><p>Explore 2 other fair value estimates on NGL Energy Partners - why the stock might be worth as much as $7.03!</p>
<div class="lb-trans"><p>探索 NGL Energy Partners 的另外两个公允价值估计——为什么该股票可能值高达 7.03 美元！</p>
</div><h2>Build Your Own NGL Energy Partners Narrative</h2>
<div class="lb-trans"><h2>构建您自己的 NGL Energy Partners 叙事</h2>
</div><p>Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p>
<div class="lb-trans"><p>不同意这一评估？在 3 分钟内创建您自己的叙事——非凡的投资回报通常不是跟随大众而来。</p>
</div><ul>
<li>A great starting point for your NGL Energy Partners research is our analysis highlighting 2 key rewards that could impact your investment decision.</li>
<li>Our free NGL Energy Partners research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate NGL Energy Partners' overall financial health at a glance.</li>
</ul>
<div class="lb-trans"><ul>
<li>您进行 NGL Energy Partners 研究的一个良好起点是我们的分析，突出了可能影响您投资决策的两个关键回报。</li>
<li>我们的免费 NGL Energy Partners 研究报告提供了全面的基本面分析，汇总在一个视觉图中——雪花图，使您能够一目了然地评估 NGL Energy Partners 的整体财务健康状况。</li>
</ul>
</div><h2>Ready To Venture Into Other Investment Styles?</h2>
<div class="lb-trans"><h2>准备好探索其他投资风格了吗？</h2>
</div><p>Don't miss your shot at the next 10-bagger. Our latest stock picks just dropped:</p>
<div class="lb-trans"><p>不要错过下一个十倍股的机会。我们最新的股票推荐刚刚发布：</p>
</div><ul>
<li>Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave.</li>
<li>Outshine the giants: these 25 early-stage AI stocks could fund your retirement.</li>
<li>Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 37 best rare earth metal stocks of the very few that mine this essential strategic resource.</li>
</ul>
<div class="lb-trans"><ul>
<li>特朗普的石油繁荣来了——管道准备好获利。发现 22 只乘风破浪的美国股票。</li>
<li>超越巨头：这 25 只早期阶段的 AI 股票可能为您的退休提供资金。</li>
<li>稀土金属是大多数高科技设备、军事和国防系统以及电动车的原材料。全球竞赛正在进行，以确保这些关键矿物的供应。抢先发现这 37 只稀土金属股票，它们是为数不多的开采这一重要战略资源的公司。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也不考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

NGL Energy Partners（NGL）提高的增长支出和收益预期是否值得我们更密切地关注？