NGL Energy Partners Swings to Fiscal Q3 Loss, Revenue Declines -- Shares Fall After Hours

MT Newswires Live
11 Feb

NGL Energy Partners (NGL) reported a fiscal Q3 net loss late Monday of $0.12 per diluted unit, swinging from earnings of $0.08 a year earlier.

Two analysts polled by FactSet expected earnings of $0.20.

Revenue for the quarter ended Dec. 31 was $1.55 billion, down from $1.87 billion a year earlier.

Two analysts surveyed by FactSet expected $1.72 billion.

Shares of NGL Energy Partners were down 6.4% in after-hours trading.

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