Pilot Flying J buying NGL Energy's TransMontaigne assets - sources [Reuters]
NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL)
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Source: Reuters
Pilot Flying J buying NGL Energy's TransMontaigne assets - sources DENVER, Aug 19 (Reuters) - Pilot Flying J, a top operator of travel centers in North America, has agreed to acquire NGL Energy Partners’ TransMontaigne Product Services assets, according to two people familiar with the matter. NGL, an operator of pipelines, barges and railcars, in early August said it had agreed to sell its TransMontaigne business unit and associated assets for roughly $300 million to an undisclosed buyer. Those assets include terminal agreements and line space on the Colonial and Plantation pipelines, two of the biggest fuel pipelines in the country that connect the Gulf Coast refining hub to the Southeast and populous East Coast markets. The deal also includes two refined products terminals in Georgia, and other assets, including customer contracts. The sale resulted from a strategic review of its refined products business, NGL said at the time. A representative for Pilot Flying J did not respond to
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News
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- 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