NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL)

Frequently Asked Questions About NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL)

Has NGL Energy Partners undergone any acquisitions?

Yes, NGL Energy Partners LP has engaged in several acquisitions to expand its service offerings and geographical footprint. The company has strategically acquired businesses that enhance its logistics and water solutions capabilities, allowing it to better serve its growing customer base in the energy market.

How does NGL Energy Partners address safety concerns?

Safety is a paramount concern for NGL Energy Partners LP, which implements rigorous safety protocols and training programs to protect its employees and the environment. The company prioritizes operational safety in all its processes and continuously seeks to improve its safety performance through proactive measures.

How does NGL Energy Partners impact the environment?

NGL Energy Partners LP acknowledges its responsibility towards environmental stewardship. The company invests in technologies and practices designed to minimize the ecological footprint of its operations. This includes implementing safety protocols and environmentally friendly practices in the management of water and waste resulting from oil and gas activities.

How has NGL Energy transformed since its founding?

Since its founding in 2010, NGL Energy Partners LP has transformed from a startup into a key player in the energy logistics sector. It has expanded its service offerings, diversified its operations, and grown its revenue streams, positioning itself as a leader in the transportation and management of crude oil and water.

Is NGL Energy Partners involved in any sustainability initiatives?

Yes, NGL Energy Partners LP is involved in various sustainability initiatives aimed at reducing environmental impact and promoting responsible resource management. The company is committed to enhancing operational efficiencies and minimizing waste through innovative practices within its logistics and water management services.

On which stock exchange is NGL Energy Partners LP listed?

NGL Energy Partners LP is listed on the New York Stock Exchange (NYSE) under the ticker symbol 'NGL'. This public listing provides the company with access to capital markets necessary for growth and expansion while allowing investors to participate in its potential financial success.

What are the competitive advantages of NGL Energy Partners LP?

NGL Energy Partners LP has several competitive advantages, including a diverse service portfolio, strategic geographic positioning, and a strong network of terminals and transportation capabilities. These factors, combined with a commitment to customer service and operational excellence, allow NGL to effectively meet the needs of its clients in the energy sector.

What are the growth prospects for NGL Energy Partners LP?

NGL Energy Partners LP has promising growth prospects as demand for energy logistics and water management solutions continues to rise in the oil and gas industry. The company's strategic investments in infrastructure, combined with its expertise in environmental compliance and safe operations, position it well to capitalize on emerging opportunities in the sector.

What challenges does NGL Energy Partners face?

NGL Energy Partners LP faces several challenges, including regulatory compliance, fluctuating commodity prices, and competition in the energy sector. Additionally, as a service provider in the oil and gas industry, it must continuously adapt to changes in market demand and technological advancements to remain competitive.

What does NGL Energy Partners LP do?

NGL Energy Partners LP is a publicly traded master limited partnership that provides various services in the oil and gas sector. The company operates through multiple segments, including logistics, water solutions, and crude oil transportation. NGL offers a comprehensive range of services, including the storage and transportation of crude oil and water, as well as waste management services to its customers, including producers and refiners.

What is NGL Energy's role in water solutions?

NGL Energy Partners LP plays a significant role in water solutions by offering services related to the management, transportation, and disposal of wastewater generated by oil and gas operations. This includes water sourcing, fracking services, and wastewater treatment, aimed at minimizing environmental impacts while ensuring operational efficiency.

What is the business model of NGL Energy Partners LP?

NGL Energy Partners LP operates on a fee-based business model, generating revenue through contracted services in logistics, water solutions, and related activities. This structure creates predictable cash flows and helps to mitigate the impacts of fluctuations in commodity prices on its financial performance.

What is the dividend policy of NGL Energy Partners LP?

NGL Energy Partners LP aims to provide attractive distributions to its investors, consistent with its cash flow generation. The company has a policy of distributing a portion of its available cash to unitholders, and while this policy may evolve with business performance, the goal is to maintain a sustainable distribution strategy.

What markets does NGL Energy serve?

NGL Energy Partners LP serves various markets across the United States and parts of Canada. It has strategically established operations in key regions, including the Permian Basin, Bakken formation, and various oil-producing states, enabling it to provide reliable services to the energy sector.

What services does NGL Energy offer in crude oil logistics?

In the crude oil logistics sector, NGL Energy Partners LP provides essential services like transportation, storage, and terminaling of crude oil. The company operates a fleet of transportation equipment and owns strategically located terminals to ensure effective handling of crude oil from producers to refineries.

When was NGL Energy Partners LP founded?

NGL Energy Partners LP was founded in 2010. Since its inception, the company has rapidly expanded its operations and diversified its service offerings to cater to the needs of the energy sector, with a focus on providing integrated solutions in logistics and water management.

Where is NGL Energy Partners LP headquartered?

NGL Energy Partners LP is headquartered in Tulsa, Oklahoma. The choice of location reflects the company's strategic positioning within the central United States, where it has access to major oil and gas production areas and infrastructure, facilitating its service delivery.

Who are NGL Energy Partners' primary customers?

NGL Energy Partners LP serves a diverse base of customers, primarily consisting of oil and gas exploration and production companies, refineries, and other related industries. The company's service offerings are tailored to meet the needs of these customers, aiding in the efficient management of logistics and environmental compliance.

Who are the key executives at NGL Energy Partners LP?

NGL Energy Partners LP's key executives include a team of experienced professionals with backgrounds in the energy, finance, and logistics industries. The leadership team is responsible for guiding the company’s strategic direction, operational execution, and overall management of its diverse service offerings.

What is the current price of NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests?

The current price of NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests is 3.360

When was NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests last traded?

The last trade of NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests was at 3:40 pm EDT on April 7th, 2025