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Stock impact report

NGL Energy Partners LP Affirms Fiscal 2020 EBITDA Guidance and Provides Update on Current Operations and Capital Expenditure Reductions

NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL) 
Last ngl energy partners lp common units representing limited partner interests earnings: 2/6 06:30 am Check Earnings Report
US:NYSE Investor Relations: nglenergypartners.com/investor-relations
Company Research Source: Business Wire
TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) (“NGL” or “the Partnership”) is providing an update on its operations in the current commodity price environment. The Partnership’s three primary businesses should continue to perform as expected in the near term and as a result management can confirm the following:Fiscal Year 2020 (ending March 31, 2020) Adjusted EBITDA from continuing operations guidance range remains unchanged at $565 million to $595 millionCurrent produced water transportation and disposal volumes on its systems have increased in March to a record 1.9 million barrels per day, including approximately 1.5 million barrels per day in the Delaware BasinManagement expects approximately $1.5 billion outstanding under the Partnership’s $1.9 billion Revolving Credit Facility at March 31, 2020“Like many companies across our industry, the current environment will present us with real challenges going forward, but also presents us with new opportunities,” st Show less Read more
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