Exhibit 12.1

NGL ENERGY PARTNERS LP AND SUBSIDIARIES
COMPUTATION OF RATIOS OF (LOSS) EARNINGS TO FIXED CHARGES

(In thousands, except ratio amounts)

	Year Ended March 31,
	2016			2015 (1)			2014			2013			2012
(LOSS) EARNINGS:
(Loss) income before income taxes	$	(187,464	)	$	46,571		$	49,695		$	50,065		$	8,465
(Income) loss before income taxes attributable to noncontrolling interests	(11,832		)	(12,887		)	(1,103		)	(250		)	12
Fixed charges	146,401			151,956			91,622			66,824			9,354
Total (loss) earnings	$	(52,895	)	$	185,640		$	140,214		$	116,639		$	17,831
FIXED CHARGES:
Interest expense	$	133,089		$	110,123		$	58,854		$	32,994		$	7,620
(Gain) loss on early extinguishment of debt	(28,532		)	—			—			5,769			—
Portion of rental expense estimated to relate to interest (2)	41,844			41,833			32,768			28,061			1,734
Fixed charges	$	146,401		$	151,956		$	91,622		$	66,824		$	9,354
Ratio of earnings to fixed charges (3)	—			1.22			1.53			1.75			1.91

(1) We have changed our previously issued consolidated balance sheet as of March 31, 2015 and consolidated statement of operations, consolidated statement of comprehensive income, consolidated statement of changes in equity, and consolidated statement of cash flows for the year ended March 31, 2015 for the correction of an immaterial error (see Note 17 to our consolidated financial statements included in this Annual Report).

(2) Represents one-third of the total operating lease rental expense, which is that portion estimated to represent interest.

(3) The ratio was less than 1:1 for the year ended March 31, 2016. NGL Energy Partners LP would have needed to generate an additional $199.3 million of earnings to achieve a ratio of 1:1.