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home / news releases / NGL - NGL Energy Partners: Despite Good News Future Is Bleak For Common Unitholders

NGL - NGL Energy Partners: Despite Good News Future Is Bleak For Common Unitholders

NGL ENERGY PARTNERS LP representing Limited Partner Interests

Summary

  • NGL Energy Partners LP recently hiked EBITDA guidance and reported impressive debt reduction.
  • Despite these positives, the company's financial outlook is precarious.
  • Given NGL Energy Partners LP's lack of free cash flow and high cost of capital, its common equity remains at risk of total loss.

For further details see:

NGL Energy Partners: Despite Good News, Future Is Bleak For Common Unitholders
Stock Information
Company Name: NGL ENERGY PARTNERS LP representing Limited Partner Interests
Stock Symbol: NGL
Market: NYSE
Website: nglenergypartners.com
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