NGL News and Press, NGL ENERGY PARTNERS LP representing Limited Partner Interests From 01/03/23

NGL Energy Partners ( NYSE: NGL ) said Tuesday it raised adjusted EBITDA guidance for FY 2023 to more than $630M from over $600M, citing continued increases in water volumes processed in the Delaware Basin and other cash flow positive developments. Of the $630M, NGL Energy ( NGL...

NGL Energy Partners LP (NYSE: NGL) (“the “Partnership” or “NGL”) announced an increase to its Fiscal 2023 Adjusted EBITDA guidance today. The Partnership has increased its Adjusted EBITDA guidance for the current fiscal year from greater than $600 million to gre...

Summary Commodity-exposed energy stocks led the way higher. Small-cap MLPs took a beating. Despite the ongoing volatility, the fundamental backdrop remains supportive for energy income securities. Note: This article was originally published on December 24. Energy...

Summary On our last call on NGL Energy, we upgraded the common shares to a hold, and left the preferreds on a Sell rating. They have lost an additional 25% value since then. We update our outlook on them and tell you why they get an upgrade. For further details...

NGL Energy Partners LP (NGL) Q2 2023 Results Conference Call November 09, 2022 05:00 PM ET Company Participants Linda Bridges - CFO Mike Krimbill - CEO Conference Call Participants Presentation Operator Good day, ladies and gentlemen, and ...

NGL Energy Partners press release ( NYSE: NGL ): Q2 GAAP EPS of -$0.21. Revenue of $2B (+14.3% Y/Y). Record produced water volumes processed of approximately 2.27 million barrels per day during the second quarter of Fiscal 2023, growing 28.7% from the same period in th...

NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its second quarter Fiscal 2023 financial results. Highlights include: Net income for the second quarter of Fiscal 2023 of $3.6 millio...

Summary On our last coverage, we gave NGL Energy common and preferred shares a "Strong Sell". We have seen a divergence in the performance between the common shares and the preferred. We are also seeing the odds increase a bit that NGL Energy might make it a little while longe...

Advances being made by NGL Energy Partners LP’s (“NGL” or “Partnership”) Water Solutions segment (“NGL Water Solutions”) in sustainable produced water reuse technology and practices were featured recently in an episode of the Emmy...

Summary OPEC+ decided to cut production targets by 100,000 barrels per day starting in October 2022. Phillips 66 (PSX) plans to increase its economic interest in DCP Midstream, LP. Enterprise Products Partners L.P. (EPD) announced three projects. Midstream MLPs performance...