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NGL Energy Partners LP

4.74
-0.0100-0.21%
Post-market: 4.55-0.1900-4.01%19:00 EDT
Volume:335.11K
Turnover:1.59M
Market Cap:625.74M
PE:-1.87
High:4.85
Open:4.75
Low:4.71
Close:4.75
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Company Profile

Company Name:
NGL Energy Partners LP
Exchange:
NYSE
Establishment Date:
1940
Employees:
607
Office Location:
6120 South Yale Avenue,Suite 1300,Tulsa,Oklahoma,United States
Zip Code:
74136
Fax:
- -
Introduction:
NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products/renewables, and water solutions. The company operates through three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from crude oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water. The Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and transportation services through pipelines and storage tanks. The Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 23 terminals, third-party storage and terminal facilities, and nine common carrier pipelines, as well as through a fleet of leased railcars. This segment also provides services for marine exports of butane through its facility located in Chesapeake, Virginia; and owns a propane pipeline in Michigan. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.

Directors

Name
Position
H. Michael Krimbill
Chief Executive Officer and Director
Bryan K. Guderian
Director
Derek S. Reiners
Director
James M. Collingsworth
Director
John T. Raymond
Director
Randall S. Wade
Director
Shawn W. Coady
Director
Stephen L. Cropper
Director

Shareholders

Name
Position
H. Michael Krimbill
Chief Executive Officer and Director
Bradley P. Cooper
Executive Vice President and Chief Financial Officer
Kurston P. McMurray
Executive Vice President and General Counsel and Secretary
Lawrence J. Thuillier
Chief Accounting Officer