NGL Stock Recent News

Energy Transfer expands NGL export hubs to meet global demand and boosts margins with fee-based contracts.

We rate NGL Energy Partners LP PFD UNIT CL B a Hold, given its attractive double-digit yield and improved balance sheet, but lingering risks remain. Dividends are variable, tied to SOFR plus a 7.213% spread, offering yields above 10% for several quarters as Fed rates stay elevated. The company's solid liquidity, asset sales, and compliance with debt covenants mitigate risk, but preferred units are still junior to debt in liquidation.

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C and Class D Preferred Units.

PAA to sell Canadian NGL unit for $3.75 billion, sharpening its crude oil focus and unlocking nearly $3 billion in net proceeds.

HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) announced today that it has executed definitive agreements with Keyera Corp. (TSX: KEY) (“Keyera”) pursuant to which Plains will sell substantially all of its NGL business to Keyera for a total cash consideration of approximately $5.15 Billion CAD ($3.75 Billion USD).

NGL Energy Partners LP Common Units (NYSE:NGL ) Q4 2025 Earnings Conference Call May 29, 2025 5:00 PM ET Company Participants Brad Cooper - Executive Vice President and Chief Financial Officer Michael Krimbill - Chief Executive Officer Doug White - Executive Vice President of NGL Water Solutions, LLC Conference Call Participants Derrick Whitfield - Texas Capital Nevin Mathew - JPMorgan Chase & Co. Gregg Brody - Bank of America Merrill Lynch Operator Greetings. Welcome to the NGL Energy Partners 4Q 2025 Earnings Call.

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2025 Financial Results; Guidance for Fiscal 2026.

PNRG's Q1 revenues jump 16% on soaring gas and NGL output, while EPS falls. The company ramps up drilling and returns $9 million via share buybacks.

LEX II expansion will significantly boost NGL's capacity and free cash flow, supporting strong future growth potential. Recent asset sales and debt refinancing improve NGL's financial profile, lowering net debt and potentially attracting new investors. NGL appears deeply undervalued, trading below net property and equipment value, with a DCF-based fair value above $6 per share.

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners Announces Earnings Call.