Thursday, June 25, 2020 1:35:27 PM
There are so many questions in the oil patch and elsewhere. I can hardly blame them for not adding to their positions at this time. That doesn't tell me they lack confidence, however. It possibly speaks to their ideas about investing.
It's so easy for a retail investor to wish for management to buy common stock. But why don't you buy more shares at this price you find so attractive for others?
I think it unfair to propose that others invest in our stock picks. It reminds me of the very old fable about a cat urging the monkey to pull roasted chestnuts from the fireplace.
Sorry I can't agree on this although I certainly understand your idea. But risk is for each investor to self-assign. We can't assign it for others just to make us feel good. Management also has a history of investing at prices soon found to represent dramatic overpayment.
Be careful what you wish for.
Recent NGL News
- NGL Closes $950 Million Term Loan, Amends Asset-Based Revolving Credit Facility, To Redeem Approximately 195,000 Class D Preferred Units • Business Wire • 03/12/2026 08:45:00 PM
- NGL Energy Partners LP Announces Third Quarter Fiscal 2026 Financial Results • Business Wire • 02/03/2026 09:31:00 PM
- Natura Resources Partners with NGL Energy Partners to Enable Large-Scale Produced Water Treatment with Small Modular Nuclear Reactors in the Permian Basin • PR Newswire (US) • 02/03/2026 12:38:00 PM
- NGL Energy Partners Announces Earnings Call • Business Wire • 01/14/2026 11:30:00 AM
- NGL Energy Partners LP Announces Quarterly Cash Distribution for Class B, Class C, and Class D Preferred Units • Business Wire • 12/16/2025 09:35:00 PM
- NGL Energy Partners LP Announces Second Quarter Fiscal 2026 Financial Results • Business Wire • 11/04/2025 09:37:00 PM
- NGL Energy Partners Announces Earnings Call • Business Wire • 10/15/2025 10:35:00 AM
- NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units • Business Wire • 09/18/2025 08:45:00 PM
- NGL Energy Partners LP Announces First Quarter Fiscal 2026 Financial Results • Business Wire • 08/07/2025 08:31:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2025 08:25:03 PM
- Form SCHEDULE 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 08/04/2025 04:16:22 PM
- NGL Energy Partners LP Announces Availability of its 2024 Schedule K-3s • Business Wire • 07/31/2025 08:35:00 PM
- NGL Energy Partners Announces Earnings Call • Business Wire • 07/22/2025 10:30:00 AM
- NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units • Business Wire • 06/18/2025 08:30:00 PM
- NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2025 Financial Results; Guidance for Fiscal 2026 • Business Wire • 05/29/2025 08:32:00 PM
- NGL Energy Partners Announces Earnings Call • Business Wire • 05/09/2025 08:35:00 PM
- NGL Energy Partners LP Announces Recent Asset Sales and Other Cash Proceeds Totaling Approximately $270 Million • Business Wire • 05/05/2025 10:30:00 AM
- NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units • Business Wire • 03/19/2025 08:30:00 PM
Exxe Group Advances Platform Strategy and Share Structure Reduction Following Strategic Meetings • AXXA • Mar 11, 2026 1:03 PM
DRCR Pushes Forward With Implementation of 2026 Business Plan • DRCR • Mar 11, 2026 12:26 PM
Record Gold Prices Reshape Opportunities for Emerging Producers • LFLR • Mar 11, 2026 9:00 AM
C2 Blockchain Reports 803 Million DOG (Bitcoin) Holdings Following Strategic Accumulation of Bitcoin-Native Digital Assets • CBLO • Mar 10, 2026 8:00 AM
RENI Completes Due Diligence on Target Acquisition; Confirms Strong Asset Base and Operational Performance • RENI • Mar 5, 2026 10:15 AM
BlackStar Engages in Talks with U.S. Senate Banking Committee Team Covering the Digital Asset Market Clarity Act • BEGI • Mar 4, 2026 4:47 PM
