Company Description (as filed with the SEC)
We are a Delaware limited partnership formed in September 2010. Subsequent to our formation, we significantly expanded our operations through numerous business combinations. At March 31, 2015, our operations include: † Our crude oil logistics segment, the assets of which include owned and leased crude oil storage terminals, owned and leased pipeline injection stations, a fleet of owned trucks and trailers, a fleet of owned and leased railcars, a fleet of owned and leased barges and towboats, and a 50% interest in a crude oil pipeline. Our crude oil logistics segment purchases crude oil from producers and transports it for resale at owned and leased pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. † Our water solutions segment, the assets of which include water treatment and disposal facilities. ... More ...
Risk Grade
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NGL Latest Presentations Here:
http://www.nglenergypartners.com/wp-content/uploads/NGL-Investor-Presentation-11-12-19-Website-2.pdf 1
Market Cap Outstanding Float
1,800 107.27M 97.46M
Divi Company Summary & Overview: Ngl Energy Partners Lp
NGL Energy Partners LP, through its subsidiaries, operates as a vertically-integrated energy company in the United States. The company operates in three segments: Midstream, Wholesale Supply and Marketing, and Retail Propane. The Midstream segment involves in the delivery of propane from pipelines or trucks to propane terminals and transfers the propane to third-party transport trucks for delivery to retailers, wholesalers, or other consumers in Illinois, Missouri, and New York. This segment owns three propane terminals located in East St. Louis, Illinois; Jefferson City, Missouri; and St. Catharines, Ontario. It serves 120 customers in Illinois, Missouri, and New York. The Wholesale Supply and Marketing segment provides propane procurement, storage, transportation, and supply services to approximately 500 customers in 30 states in the mid-continent, northeast, southeast regions of the United States. This segment serves refineries, national and regional distribution companies, and independent propane companies, as well as to national, regional and independent retail, industrial, wholesale, petrochemical, and propane production customers. Its services include shipping and maintaining storage on pipeline systems; and supplying to customers through terminals, refineries, third-party tank cars, and truck terminals. This segment also supplies propane and other natural gas liquids, primarily butane and natural gasoline. The Retail Propane segment markets, sells, and distributes propane to approximately 54,000 residential, agricultural, commercial, and industrial customers in Georgia, Illinois, Indiana, and Kansas. It operates 44 customer service locations and 37 satellite distribution locations. This segment also involves in the sale and lease of propane tanks, water conditioning equipment, and treatment supplies. NGL Energy Holdings LLC serves as the general partner of NGL Energy Partners LP. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
Dividend History
Download to Spreadsheet | | Declare Date | Ex-Div Date | Record Date | Pay Date | Frequency | Amount | Adj. Amount |
| 2018 |
| | 10/23/2018 | 11/7/2018 | 11/8/2018 | 11/14/2018 | Quarterly | 0.3900 | 0.3900 |
| | 7/27/2018 | 8/7/2018 | 8/8/2018 | 8/14/2018 | Quarterly | 0.3900 | 0.3900 |
| | 4/24/2018 | 5/4/2018 | 5/7/2018 | 5/15/2018 | Quarterly | 0.3900 | 0.3900 |
| | 1/23/2018 | 2/5/2018 | 2/6/2018 | 2/14/2018 | Quarterly | 0.3900 | 0.3900 |
| 2017 |
| | 10/19/2017 | 11/3/2017 | 11/6/2017 | 11/14/2017 | Quarterly | 0.3900 | 0.3900 |
| | 7/20/2017 | 8/2/2017 | 8/4/2017 | 8/14/2017 | Quarterly | 0.3900 | 0.3900 |
| | - | 5/4/2017 | 5/8/2017 | 5/15/2017 | Quarterly | 0.3900 | 0.3900 |
| | 1/19/2017 | 2/1/2017 | 2/3/2017 | 2/14/2017 | Quarterly | 0.3900 | 0.3900 |
| 2016 |
| | 10/21/2016 | 11/2/2016 | 11/4/2016 | 11/14/2016 | Quarterly | 0.3900 | 0.3900 |
| | - | 8/2/2016 | 8/4/2016 | 8/12/2016 | Quarterly | 0.3900 | 0.3900 |
| | 4/21/2016 | 4/29/2016 | 5/3/2016 | 5/13/2016 | Quarterly | 0.3900 | 0.3900 |
| | 1/21/2016 | 2/1/2016 | 2/3/2016 | 2/15/2016 | Quarterly | 0.6400 | 0.6400 |
| 2015 |
| | 10/22/2015 | 10/30/2015 | 11/3/2015 | 11/13/2015 | Quarterly | 0.6400 | 0.6400 |
| | 4/23/2015 | 7/30/2015 | 8/3/2015 | 8/14/2015 | Quarterly | 0.6325 | 0.6325 |
| | 4/23/2015 | 5/1/2015 | 5/5/2015 | 5/15/2015 | Quarterly | 0.6250 | 0.6250 |
| | 1/26/2015 | 2/4/2015 | 2/6/2015 | 2/13/2015 | Quarterly | 0.6175 | 0.6175 |
NGL -Analyst: Outlook Positive for 'Water-Driven Turnaround Story'
Research Report
:
https://www.streetwisereports.com/article/2019/01/04/analyst-outlook-positive-for-water-driven-turnaround-story.html NGL Investor Latest Presentation April 2019 http://www.nglenergypartners.com/wp-content/uploads/NGL-Investor-Deck-4-1-2019.pdf https://www.isitdownrightnow.com/ dend HisNGL Energy Partners Provides Update and Announces Quarterly Distributions TULSA, Okla. --(BUSINESS WIRE)--Apr. 27, 2020-- NGL Energy Partners LP (NYSE: NGL) (“the Partnership” or “NGL”) is providing an update to the following: Fiscal Year 2020 Guidance (for year ended March 31, 2020 ) Fiscal Year 2021 Forecast Recent Financial Initiatives Approved Distributions for quarter ended March 31, 2020 Fiscal Year 2020 Guidance and Fiscal Year 2021 Forecast The Partnership is re-confirming its Fiscal Year 2020 Guidance for Adjusted EBITDA from continuing operations and expects to be at the higher end of the Partnership’s previously issued guidance range of $565 million to $595 million . The Fiscal Year 2021 forecast (for the year ending March 31, 2021 ) has been approved by the Board of Directors of the Partnership’s general partner (“the Board”), with the following highlights: Adjusted EBITDA forecasted to be approximately $600 million Growth and Maintenance Capital Expenditures of approximately $50 million each. Growth Capital Expenditures are expected to be weighted to the first half of the fiscal year The Partnership anticipates being free cash flow positive in Fiscal 2021 as Adjusted EBITDA is expected to exceed all fixed charges, capital expenditures and distributions, as well as all of the remaining deferred payments associated with the Mesquite acquisition Improving leverage, increasing liquidity, optimizing assets, and reducing costs without sacrificing safety, are key focus items for the fiscal year Management will provide further details on its Fiscal 2020 year-end earnings call which is expected to occur in late May 2020 “We have developed the Fiscal 2021 Forecast using the most recent data and relevant information we have available, including updating our volumes and strategies in each of our business segments. Our storage assets have benefited in recent weeks from the contango markets, and we have worked closely with our producer customers to refine our views on water volumes for the year. However, like others, this uncertain environment presents significant opportunities and challenges for our businesses that are more difficult to predict, and which could impact our performance,” stated Mike Krimbill , NGL’s CEO. “We have invested significant capital into our business over the past year, including the build-out of our fully integrated, large diameter water distribution system in the Northern Delaware Basin , which can transport and dispose of over three million barrels of water per day,” added Krimbill. “We believe our existing footprint has more than adequate disposal capacity to handle our producer customers’ requirements for the next several years, allowing us to obtain additional producer acreage dedications and continue to grow our market share, with limited capital requirements.” Recent Financial Initiatives The Partnership initiated certain financial objectives, including the sale of certain assets, to enhance liquidity and accelerate de-leveraging of the balance sheet. The Partnership recently amended its credit facility to re-allocate availability between its revolving credit facilities, reducing its working capital facility to $350 million and increasing its expansion facility to $1.565 billion , noting no change in the overall $1.915 billion capacity of the facility. This re-allocation was driven by the exit of the Mid-Continent and Gas Blending Refined Products businesses during the Fiscal 2020 fourth quarter, which will reduce working capital borrowing needs going forward. The Partnership continues to evaluate and execute on financial strategies to meet its objectives.tory 