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bar1080

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bar1080

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Thursday, 06/03/2021 5:54:03 PM

Thursday, June 03, 2021 5:54:03 PM

Post# of 8177
"NGL Energy Partners plunges to large loss, hurt by winter storm"

* "NGL Energy Partners (NYSE:NGL) -15.6% post-market after reporting a much larger than forecast FQ4 loss and a 42% Y/Y drop in adjusted EBITDA from continuing operations to $94.3M, driven by lower volumes in each operating segment.

* NGL says it processed 1.4M bbl/day of water during the quarter, down 17.6% Y/Y, primarily due to lower development activity and production volumes through the past year along with the impact from winter storm Uri.."

Much More...

https://seekingalpha.com/news/3703156-ngl-energy-partners-plunges-to-large-loss-hurt-by-winter-storm

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

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