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Ngl Energy Partners Lp Stock Price, News & Analysis

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Welcome to our dedicated page for Ngl Energy Partners Lp news (Ticker: NGL), a resource for investors and traders seeking the latest updates and insights on Ngl Energy Partners Lp stock.

NGL Energy Partners LP (NGL) is a vertically integrated midstream energy company providing critical services across crude oil logistics, water solutions, and natural gas liquids distribution. This page serves as the definitive source for official news, financial updates, and operational developments directly from the company.

Investors and industry professionals will find timely press releases covering quarterly earnings, strategic partnerships, infrastructure expansions, and sustainability initiatives. Our curated collection includes updates across all business segments: crude oil transportation, produced water treatment, retail propane distribution, and emerging renewable energy projects.

Bookmark this page for streamlined access to NGL's latest regulatory filings, leadership announcements, and market position updates. All content is sourced from verified corporate communications, ensuring accuracy for informed decision-making. Check regularly for developments impacting the midstream energy sector and NGL's role within it.

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NGL Energy Partners LP (NYSE:NGL) reported a fourth-quarter loss from continuing operations of $229.2 million for the quarter ending March 31, 2021, driven by one-time costs and an impairment charge. The total loss for Fiscal 2021 reached $637.4 million, largely due to a $383.6 million goodwill write-down. Adjusted EBITDA fell to $94.3 million from $161.8 million year-on-year. Despite challenges, NGL completed a $2.05 billion private offering, enhancing liquidity and extending debt maturities. The partnership anticipates improved performance in Fiscal 2022 with rising crude prices and producer volumes.

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NGL Energy Partners LP (NYSE: NGL) will release its fiscal fourth quarter earnings for the period ending March 31, 2021, on June 3, 2021, post-market close. Following the release, management will host an earnings call at 4:00 pm CDT to discuss financial results. Participants can join by dialing (800) 291-4083, using access code 7299585. An audio replay will be accessible for seven days after the call, starting June 4, 2021, at 1:00 pm CDT.

Investors should note the presence of forward-looking statements, which carry inherent risks and uncertainties, detailed in NGL's public filings.

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NGL Energy Partners LP (NYSE:NGL) reported a significant loss of $380.4 million for Q3 fiscal 2021, largely due to a $383.6 million goodwill impairment linked to bankruptcy-related contract rejections by Extraction Oil & Gas. The partnership achieved adjusted EBITDA of $125 million, down from $200.5 million a year prior, impacted by lower demand in its Liquids segment due to COVID-19. A global settlement with Extraction includes a long-term supply agreement and a $35 million payment. NGL also announced a $2.05 billion senior secured notes offering to improve liquidity, temporarily suspending unit distributions until leverage targets are met.

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NGL Energy Partners LP (NYSE: NGL) has successfully closed a refinancing deal totaling $2.55 billion, securing 7.5% senior secured notes due 2026 and a new $500 million asset-based revolving credit facility. Proceeds will be utilized to eliminate existing debts and enhance liquidity, with $340 million currently available under the ABL Facility. However, the Partnership will suspend common and preferred unit distributions until a leverage ratio below 4.75x is achieved, aiming to strengthen its financial position. The deal is expected to improve NGL's liquidity and operational flexibility.

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NGL Energy Partners LP (NYSE: NGL) has priced a private offering of $2.05 billion in senior secured notes due 2026. The offering is exempt from registration under the Securities Act. Proceeds will be used to repay debt from existing credit facilities and cover associated fees. The notes will carry an interest rate of 7.500% per annum, with payments starting August 1, 2021. The offering is geared towards qualified institutional buyers, with an expected closing date of February 4, 2021. NGL emphasizes that this press release does not constitute an offer to sell securities.

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NGL Energy Partners LP (NYSE: NGL) announced plans to offer $2.05 billion in senior secured notes due 2026. The funds will be utilized to repay current borrowings, including the existing revolving credit facility and a $250 million term credit agreement, in addition to covering associated fees and expenses. The notes will be offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. This offering has not been registered under the Securities Act, thus limiting its availability in the U.S.

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NGL Energy Partners LP (NYSE: NGL) has declared a quarterly distribution of $15.6 million for Class D Preferred Units, covering the quarter ending December 31, 2020. The distribution is scheduled for payment on February 12, 2021. This announcement reflects the company's ongoing commitment to its investors amid market fluctuations. The company operates as a diversified midstream energy entity, providing various logistics services for crude oil and natural gas liquids.

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NGL Energy Partners LP (NYSE: NGL) announced a global settlement with Extraction Oil and Gas, following its bankruptcy. The settlement includes a new long-term supply agreement with significant acreage dedication in the DJ Basin, allowing NGL to retain and transport crude oil volumes. NGL reinstated Adjusted EBITDA guidance for Fiscal 2021 at $500 million, factoring in an estimated $45 million reduction due to Extraction's bankruptcy. For Fiscal 2022, Adjusted EBITDA guidance is set between $570 million and $600 million, with capital expenditures expected at $100-$125 million.

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NGL Energy Partners LP (NYSE: NGL) announced a settlement with Extraction Oil and Gas, Inc. (NYSE: XOG) related to XOG’s bankruptcy proceedings. Grand Mesa Pipeline, a subsidiary of NGL, will retain crude volumes for shipping on its pipeline and receive an unsecured claim expected to generate cash. In exchange, Grand Mesa will support XOG’s bankruptcy plan by withdrawing its objections and appeals. The agreements are subject to Bankruptcy Court approval.

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NGL Energy Partners LP (NYSE: NGL) has announced a distribution for the quarter ending December 31, 2020. The Board declared a quarterly distribution of $0.5625 for the 9.00% Class B Preferred Units and $0.60156 for the 9.625% Class C Preferred Units. These distributions will be paid on January 15, 2021, to holders of record as of January 1, 2021. NGL operates as a diversified midstream energy company, offering logistics services for crude oil and natural gas liquids and managing water disposal from oil and gas production.

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FAQ

What is the current stock price of Ngl Energy Partners Lp (NGL)?

The current stock price of Ngl Energy Partners Lp (NGL) is $4.9 as of August 22, 2025.

What is the market cap of Ngl Energy Partners Lp (NGL)?

The market cap of Ngl Energy Partners Lp (NGL) is approximately 627.7M.
Ngl Energy Partners Lp

NYSE:NGL

NGL Rankings

NGL Stock Data

627.73M
114.52M
10.42%
47.85%
2.52%
Oil & Gas Midstream
Natural Gas Transmission
Link
United States
TULSA