NGL Energy Partners: Growth Is Fueling Rally And Valuation Is Still Fair
Source: SeekingAlpha
2026-02-10 16:03:20 ET
Investment Thesis
NGL Energy Partners ( NGL ) has had a strong run in the past twelve months, with shares up by 116% at this time of this writing. The company paid all dividend arrears due on its cumulative preferred shares (p. F-35 ). This unlocks value for common unit holders who are eligible for common distributions if and when management decides to (subject to debt covenants). Another tailwind was the sale of some unprofitable, non-core natural gas liquids assets that dragged on earnings....
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NGL Energy Partners: Growth Is Fueling Rally And Valuation Is Still Fair
NGL ENERGY PARTNERS LP representing Limited Partner Interests
NASDAQ: NGL
NGL Trading
0.86% G/L:
$11.18 Last:
5,994 Volume:
$11.18 Open:
NGL Latest News
March 12, 2026 04:45:00 pm
NGL Closes $950 Million Term Loan, Amends Asset-Based Revolving Credit Facility, To Redeem Approximately 195,000 Class D Preferred Units
February 03, 2026 04:31:00 pm
NGL Energy Partners LP Announces Third Quarter Fiscal 2026 Financial Results
NGL Stock Data
$1,504,343,611
114,775,846
0.57%
39
N/A
Fossil Fuels
Energy
US
Tulsa
