NGL News and Press, NGL ENERGY PARTNERS LP representing Limited Partner Interests From 02/24/23

Why is the stock market down today? The simple answer is inflation. One of the most watched economic indicators the Federal Reserve uses to gauge its levels is PCE data. The Personal Consumption Expenditures (PCE) Index measures the change in the price of goods and services purchased by consumers...

Summary Energy equities fell hard during the week as commodity prices fell and investors grew jittery about the oil market’s medium-term recovery prospects. Equities tied to natural gas prices were particularly weak. We expect smoother sailing for the energy equities once fir...

Shares of NGL Energy Partners (NYSE: NGL) are down 11.6% from where they closed last Friday, according to data from S&P Global Market Intelligence , after having rocketed higher the week before on a better-than-expected earnings report. On a two-week basis, NGL's stock is up a...

NGL Energy Partners ( NYSE: NGL ) said Thursday it intends redeem all of $203.4 million of its 7.5% senior notes due 2023. On March 31, 2023, registered holders of notes will receive a redemption payment of equal to 100% of the principal amount of such notes; and accrued and unpaid in...

NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today announced that it intends to call for redemption, all $203,400,000 aggregate outstanding principal amount of its 7.5% Senior Notes due 2023 (the “Notes...

NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) announced a permanent commitment in our ABL Facility of $600 million. On April 13, 2022, the Partnership amended the ABL Facility to increase the commitments to $60...

Summary Strong commodity prices caused gathering and processing and royalty trust equities to outperform. Fourth quarter energy sector earnings are coming in strong. Energy income equities have shrugged off rising interest rates. Energy Income Performance Energy wa...

NGL Energy Partners ( NYSE: NGL ) +28.8% in Monday's trading and skyrocketing 59.5% in the two trading days since the partnership reported FQ3 results including adjusted EBITDA that rose 45% Y/Y to $193.3M and record quarterly adjusted EBITDA of $121.7M in the Water Solutions unit...

Shares of NGL Energy Partners (NYSE: NGL) were soaring 12.5% higher at 10:57 a.m. ET on Monday, continuing their meteoric ascent following an upbeat fiscal third-quarter earnings report on Thursday that saw it turn a $0.35-per-share loss last year into a $0.19-per-share profit this ye...

Summary Back in late 2022, it was not looking good for NGL Energy which was struggling to deleverage. At the time, I feared too much damage was done with too little progress made but excitingly, perhaps it was merely darkest before the dawn. Fast forward to the present day and they ...