NGL Energy Partners LP (NGL)

[jugs]

Yes, you're right, of course.

Yet it may be that I feel that way because I'm slow to accept some of the changes wrought the pandemic.

While I was an ardent supporter of NGL for years, I could see increasingly darkening clouds around mid-year in 2019. Not very long ago (this year) I longed to be back in energy. It has long been the sector that feels like home. Surveying the horrorscape I concluded that NGL is not yet appropriate for my portfolio which is already heavily populated by high risk plays.

An old standby seemed the best place
for me and EPD was the pick.

As of yesterday my cost basis was/is $16.20.

By going after units when they are under pressure as was the case yesterday, I find I can maximize nice buying opportunities.

So I am a happy camper.