NGL Energy Preferred: Arrearage Getting Cleaned Up Shortly, Great Income After [Seeking Alpha]
NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL)
Last ngl energy partners lp common units representing limited partner interests earnings: 2/6 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
nglenergypartners.com/investor-relations
Company Research
Source: Seeking Alpha
Water volumes were lower than in Q2 due to customers keeping more water at the wells, affecting the water segment's results. The company plans to pay down the preferred unit arrearage and increase asset sales, providing confidence for future growth. Preferred units are close to 15% yield for low-risk paper. NGL Third Quarter Update: NGL Energy Partners ( NGL ) reported earnings last night (Feb 8th). They had already given a look at Q3 numbers before the recent bond issues and loan refinancings so numbers weren't a huge surprise on the whole. Adjusted EBITDA came in at $151.7 million versus the guide of $150-160 million. Water volumes were slightly lower than Q2, as the company had warned in the last earnings call. Customers are keeping more water at the wells for completion activity. These volumes will eventually go into the pipes, it just makes for "lumpy" results in the water segment, which still threw off $121.3 million of EBITDA. The company is still guiding for over $5
Show less
Read more
Impact Snapshot
Event Time:
NGL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NGL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NGL alerts
High impacting NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests news events
Weekly update
A roundup of the hottest topics
NGL
News
- 4 Members of Congress Generated Triple-Digit Returns in the Stock Market Last Year: These Are the 3 Stocks They Bought [Yahoo! Finance]Yahoo! Finance
- NGL Energy Partners: Preferreds Going To Current Yield, Upside Now In The Common [Seeking Alpha]Seeking Alpha
- NGL Energy Partners LP Announces the Payment of All Outstanding Distribution Arrearages for Class B, Class C and Class D Preferred Units as of Payment Date April 25, 2024 [Yahoo! Finance]Yahoo! Finance
- NGL Energy Partners LP Announces the Payment of All Outstanding Distribution Arrearages for Class B, Class C and Class D Preferred Units as of Payment Date April 25, 2024Business Wire
- NGL Energy Partners LP Announces Sale of the New Mexico RanchesBusiness Wire
NGL
Earnings
- 2/8/24 - Beat
NGL
Sec Filings
- 2/14/24 - Form 4
- 2/12/24 - Form SC
- 2/8/24 - Form 10-Q
- NGL's page on the SEC website