On the Record · NGL Energy Partners

NGL Energy Partners acquisitions, on the record

The businesses NGL Energy Partners bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
our marine assets Word for word“Crude Oil Transportation and Other Sales. The decrease was primarily due to the sale of our marine assets on March 30, 2023, and lower pipeline tariff revenue due to the assignment of our commitment on a third-party pipeline.” 10-K for 2024	divestiture	March 30, 2023	—
the trucking business Word for word“Operating and General and Administrative Expenses . The decrease was primarily related to the sale of the trucking business during the year ended March 31, 2022, and lower lease expense during the current period due to the completion of the renegotiation of certain leases.” 10-K for 2024	divestiture	during the year ended March 31, 2022	—
refined products business Word for word“This sale closed on April 30, 2025.” 10-K for 2025	divestiture	April 30, 2025	—
ranches Word for word“The decrease was due primarily to lower land surface use revenues, mining revenues and lease revenue from certain surface use and compensation agreements primarily due to the sale of our ranches in April 2024 (see Note 17 to our consolidated financial statements included in this Annual Report).” 10-K for 2025	divestiture	April 2024	—
Green Bay terminal Word for word“We also recorded a net loss of $7.3 million due to costs incurred related to the sale of certain natural gas liquid terminals and a net gain of $2.0 million for the sale of the Green Bay terminal discussed in Note 17 to our consolidated financial statements included in this Annual Report.” 10-K for 2025	divestiture	—	—
marine assets Word for word“Crude Oil Transportation and Other Sales. The decrease was primarily due to the sale of our marine assets on March 30, 2023, and lower pipeline tariff revenue due to the assignment of our commitment on a third-party pipeline.” 10-K for 2025	divestiture	March 30, 2023	—
most of our wholesale propane business, 17 of our natural gas liquids terminals, our interest in an unconsolidated entity and working capital (Wholesale Propane Disposition) Word for word“On April 30, 2025, we sold most of our wholesale propane business, 17 of our natural gas liquids terminals, our interest in an unconsolidated entity and working capital (“Wholesale Propane Disposition”) to a third-party (see Note 17 to our consolidated financial statements included in this Annual Report for a further discussion).” 10-K for 2026	divestiture	On April 30, 2025	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2017-03-31	$41.9 million	$134.4 million	$9.8 million
2018-03-31	$19.9 million	$329.8 million	$2.3 million
2019-03-31	$300.6 million	$335.8 million	$94.7 million
2020-03-31	$1.27 billion	$0	$130.5 million
2021-03-31	−$901,000	$0	—
2022-03-31	$0	$63.5 million	—
2023-03-31	$0	$111.6 million	—
2024-03-31	—	$16 million	—
2025-03-31	—	$72.2 million	—
2026-03-31	—	$88.6 million	—

Deal filings since 2016

2026-03-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-04-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-01-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-11-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-11-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-10-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-04-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-03-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-07-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-07-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-06-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-02-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-02-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-02-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-01-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from NGL Energy Partners’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-05-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.