NGL Energy Partners LP engages in the crude oil and liquids logistics, and water solution businesses. The company's Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and pipeline transportation services. Its Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and brackish non-potable water. The company's Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 28 terminals, third-party storage and terminal facilities, and common carrier pipelines, as well as through fleet of leased railcars. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia; and offers terminaling and storage services. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
IPO Year: 2011
Exchange: NYSE
Website: nglenergypartners.com
NGL Energy Partners LP (NYSE:NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending June 30, 2025 to be paid to the holders of the Partnership's 11.772% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class B Preferred Units") and the 11.682% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class C Preferred Units") in accordance with the terms outlined in NGL's partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7358 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7301 per unit on July 15, 2025,
NGL Energy Partners LP (NYSE:NGL) ("NGL," "we," "us," "our," or the "Partnership") today reported its fourth quarter and full year fiscal 2025 results. Highlights for the fiscal year and quarter ended March 31, 2025 include: Income from continuing operations for full year Fiscal 2025 of $65.0 million, compared to a loss from continuing operations of $157.7 million for full year Fiscal 2024; income from continuing operations for the fourth quarter of Fiscal 2025 of $16.2 million, compared to a loss from continuing operations of $234.3 million for the fourth quarter of Fiscal 2024 Adjusted EBITDA from continuing operations(1) for full year Fiscal 2025 of $622.9 million, compared to $5
NGL Energy Partners LP (NYSE:NGL) announced today that it plans to issue its fiscal year ended March 31, 2025 earnings press release post-market close on Thursday, May 29, 2025. Members of NGL's management team intend to host an earnings call following this release on Thursday, May 29, 2025 at 4:00 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/52485 or by dialing (888) 506-0062 and providing conference code: 625196. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 524
NGL Energy Partners LP (NYSE:NGL) ("NGL," or the "Partnership") announces the closing of multiple asset sales, including the previously announced sale of 17 of its natural gas liquids terminals and the Green Bay terminal. In addition, NGL closed on the sale of its Rack Marketing refined products business, its Limestone Ranch ownership, and our remaining crude rail car fleet and other miscellaneous proceeds. These non-core asset sales allow NGL to focus on its core assets in the portfolio and redirect the capital to improving the capital structure. "These asset sales reduce the volatility and seasonality of our Adjusted EBITDA and working capital requirements. The proceeds will be used to p
Diversified Energy Company PLC ("Diversified" or the "Company") Board of Director Updates BIRMINGHAM, Ala., April 14, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE: DEC) (NYSE:DEC) is pleased to announce that its Board of Directors (the "Board") has appointed Randall Wade as an independent non-executive director, effective 11 April 2025. Mr. Wade is a Co-Founder of EIG and a member of its Investment and Executive Committees. He has broad involvement in the firm's various activities including investments, investor relations, operations and strategic initiatives. Since joining EIG in 1996, Mr. Wade has filled various roles including President, Chief Operating Officer, head
NGL Energy Partners LP (NYSE:NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending March 31, 2025 to be paid to the holders of the Partnership's 11.803% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class B Preferred Units") and the 11.713% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class C Preferred Units") in accordance with the terms outlined in NGL's partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7377 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7320 per unit on April 15, 202
Golden Gate Capital, a San Francisco-based private equity firm, today announced the completion of its sale of Stonehill Environmental Partners ("Stonehill" or the "Company"), an energy infrastructure company. Financial terms of the transaction were not disclosed. Launched in 2021 with a de-novo investment from Golden Gate Capital in partnership with Stonehill CEO Jay Parkinson, Stonehill is an environmental services business that enables energy customers to recycle and dispose of water safely, reliably, economically, and with minimal carbon emissions. Since Golden Gate Capital's investment, the business has quadrupled earnings organically through growth of both new and existing contracts w
NGL Energy Partners LP (NYSE:NGL) ("NGL," "we," "us," "our," or the "Partnership") today reported its third quarter Fiscal 2025 financial results. Highlights include: Net income for the third quarter of Fiscal 2025 of $14.6 million, compared to net income of $45.8 million for the third quarter of Fiscal 2024 Adjusted EBITDA(1) for the third quarter of Fiscal 2025 of $147.7 million, compared to $151.7 million for the third quarter of Fiscal 2024 Produced water volumes processed of approximately 2.62 million barrels per day during the third quarter of Fiscal 2025, growing 10.4% from the third quarter of Fiscal 2024 We commenced operations on our expanded Lea County Express Pipelin
NGL Energy Partners LP (NYSE:NGL) announced today that it plans to issue its fiscal quarter-ended December 31, 2024 earnings press release post-market close on Monday, February 10, 2025. Members of NGL's management team intend to host an earnings call following this release on Monday, February 10, 2025 at 4:00 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/51875 or by dialing (888) 506-0062 and providing conference code: 239040. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay
NGL Energy Partners LP (NYSE:NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending December 31, 2024 to be paid to the holders of the Partnership's 12.068% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class B Preferred Units") and the 11.977% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class C Preferred Units") in accordance with the terms outlined in NGL's partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7542 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7486 per unit on January 15