Ngl Energy Partners traded at $17.84 this Friday May 15th, increasing $0.37 or 2.12 percent since the previous trading session. Looking back, over the last four weeks, Ngl Energy Partners gained 36.08 percent. Over the last 12 months, its price rose by 438.97 percent. Looking ahead, we forecast Ngl Energy Partners to be priced at 15.99 by the end of this quarter and at 15.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
NGL Energy Partners LP is a diversified midstream energy partnership company. It operates through three segments: Water Solutions segment, Crude Oil Logistics segment, and Liquids Logistics segment. Its Water Solutions segment transports, treats, recycles, and disposes of produced and flowback water generated from oil and natural gas production. Its Crude Oil Logistics segment purchases crude oil from producers and marketers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs, and provides storage, terminating, and transportation services through its owned assets. Its Liquids Logistics segment conducts supply operations for natural gas liquids, refined petroleum products and biodiesel to a broad range of commercial, retail, and industrial customers across the United States and Canada. It sells produced water for reuse and brackish non-potable water.