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TNMopar

05/30/17 12:29 PM

#814 RE: jugs #813

Jugs, I saw this note posted elsewhere about NGL. There is a lot of nonsense out there and this board seems to be about the only place where sensible conversation tends to take place. I'd like to get your opinion about it.

"The banks and bond holders have forced numerous MLPs into bankruptcy in the past year. They have done this even when current covenants are OK. These bankruptcies have essentially given the companies to the bond holders (banks) , and partners (stockholders) were left with virtually nothing. The NGL stock price is plummeting for a reason."

Thanks!