NGL Energy Partners Reports Second-Quarter Fiscal 2027 Results
NGL Energy Partners said it reported financial results for the second quarter of fiscal 2027.
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09:35:33 PM UTC
SquawkNews
NGL Energy Partners LP raised FY2027 Adjusted EBITDA guidance to $735—$745M from $725—$735M, the second increase. Water Solutions processed approximately 3.45M barrels of produced water per day, up 22.9% year over year.Material DetailsContext by AI AnalystThis is a mid-cycle update showing continue…
09:39:08 PM UTC
SquawkNews
NGL Energy Partners’ second-quarter revenue rose year over year, while earnings attributable to the partnership swung to a loss. Higher produced-water volumes, recovered crude oil sales and pipeline revenue lifted Water Solutions, while Crude Oil Logistics recorded a major asset impairment and Liqu…
NGL Energy Partners LP (NYSE:NGL) (“NGL,” “we,” “us,” “our,” or the “Partnership”) today reported its second quarter Fiscal 2027 financial results. Highlights include:Financial Results:Water Solutions:Debt TransactionsGuidance:“NGL had another strong quarter driven by our Water Solutions segment. W…