Ngl Energy Partners Lp Stock Price, News & Analysis

NGL Energy Partners LP reported strong financial results for Q4 and FY2025. The company posted income from continuing operations of $65.0M for FY2025, compared to a loss of $157.7M in FY2024. Adjusted EBITDA reached $622.9M, up from $593.4M in FY2024. Water Solutions segment achieved record performance with 2.73M barrels per day processed in Q4, a 14.2% YoY increase. The company completed several strategic asset sales, raising approximately $270M which was used to repay ABL borrowings and purchase preferred equity. For FY2026, NGL provided guidance of $615-625M in Adjusted EBITDA, with planned maintenance capital of $45M and growth capital of $60M. The company's liquidity position remained strong at $385.7M as of March 31, 2025.

NGL Energy Partners (NYSE: NGL) has scheduled its fiscal year 2025 earnings release and conference call for Thursday, May 29, 2025. The company will publish its financial results after market close, followed by an earnings call at 4:00 pm CT. Interested parties can participate in the webcast through the provided link or join via phone using the dial-in number (888) 506-0062 with conference code 625196. An audio replay will be available for 14 days by dialing (877) 481-4010 with passcode 52485.

NGL Energy Partners LP (NYSE:NGL) has announced the completion of multiple asset sales totaling approximately $270 million. The transactions include the sale of 17 natural gas liquids terminals, the Green Bay terminal, the Rack Marketing refined products business, Limestone Ranch ownership, and the remaining crude rail car fleet.

According to CEO Mike Krimbill, these non-core asset divestitures will help reduce the company's Adjusted EBITDA volatility and working capital requirements. The proceeds will be utilized to clear the remaining ABL balance, with excess funds directed towards deleveraging efforts and addressing other aspects of the company's capital structure.

NGL Energy Partners LP (NYSE: NGL) has announced quarterly distributions for its preferred unit holders. The distributions will be paid on April 15, 2025, to holders of record on April 1, 2025, as follows:

• Class B Preferred Units will receive $0.7377 per unit (11.803% floating rate)
• Class C Preferred Units will receive $0.7320 per unit (11.713% floating rate)
• Class D Preferred Units will receive a total distribution of $19,243,349.94

Golden Gate Capital has completed the sale of Stonehill Environmental Partners, an energy infrastructure company specializing in water recycling and disposal services for energy customers. The company, launched in 2021 through a de-novo investment from Golden Gate Capital and CEO Jay Parkinson, has achieved significant growth, quadrupling earnings organically through new and existing contracts with premier energy counterparties.

This marks the second successful partnership between Golden Gate Capital and Parkinson's team, following their previous venture with Hillstone Environmental Partners, which was sold to NGL Energy Partners LP (NYSE: NGL) for $600 million in 2019. Stonehill has established itself as a leading provider of environmentally friendly water solutions, leveraging its operating assets in the Midland Basin and securing long-term contracts with investment grade E&P companies.

NGL Energy Partners LP (NYSE:NGL) reported its Q3 Fiscal 2025 financial results, showing a net income of $14.6 million, down from $45.8 million in Q3 Fiscal 2024. Adjusted EBITDA was $147.7 million, slightly lower than $151.7 million in the previous year.

Key operational highlights include a 10.4% growth in produced water volumes to 2.62 million barrels per day, the commencement of LEX II pipeline operations, and new customer contracts in the DJ Basin. The company signed agreements to sell 18 natural gas liquids terminals for approximately $95.0 million, with closings expected by March 31, 2025.

Segment performance showed mixed results: Water Solutions saw higher disposal revenues but increased losses on asset disposals, Crude Oil Logistics experienced reduced volumes on the Grand Mesa Pipeline, and Liquids Logistics faced lower margins due to warmer weather and reduced demand. The company maintained strong liquidity of $292.1 million as of December 31, 2024.

NGL Energy Partners (NYSE: NGL) has scheduled its fiscal quarter-ended December 31, 2024 earnings release for Monday, February 10, 2025, after market close. The company will host an earnings conference call the same day at 4:00 pm CT to discuss financial results. Interested participants can join via webcast or by phone at (888) 506-0062 using conference code 239040. An audio replay will be available for 14 days, accessible by dialing (877) 481-4010 with passcode 51875.

NGL Energy Partners LP (NYSE: NGL) has announced quarterly distributions for its preferred unit holders. The company will distribute $0.7542 per Class B Preferred Unit (12.068% floating rate) and $0.7486 per Class C Preferred Unit (11.977% floating rate). Additionally, Class D Preferred Units will receive a total distribution of $18,095,455.60. All distributions are scheduled for January 15, 2025, to holders of record as of January 1, 2025.

NGL Energy Partners LP reported mixed Q2 Fiscal 2025 results with net income dropping to $3.4 million from $28.3 million in Q2 Fiscal 2024. Adjusted EBITDA decreased to $147.3 million from $176.2 million year-over-year. The company reduced its SOFR margin from 4.50% to 3.75% and commenced operations on LEX II pipeline. Despite a 9% increase in disposed water volumes, NGL lowered its full-year consolidated Adjusted EBITDA guidance to $640-650 million due to projected warmer weather, lower crude oil prices, and Liquids Logistics performance.