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Stock impact report

NGL Energy Partners LP Announces Record Third Quarter Fiscal 2020 Financial Results

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,” “our,” “we,” or the “Partnership”) today reported income from continuing operations for the quarter ended December 31, 2019 of $49.1 million, compared to income from continuing operations of $97.2 million for the quarter ended December 31, 2018. For the nine months ended December 31, 2019, the Partnership reported income from continuing operations of $42.5 million, compared to a loss from continuing operations of $137.3 million for the nine months ended December 31, 2018.“Our transformation to a simpler business model with improved predictability of cash flows and reduced volatility in earnings is substantially complete,” stated Mike Krimbill, the Partnership’s CEO. “During this quarter, our Water Solutions segment closed the Hillstone acquisition, which added important long-term acreage dedications and minimum volume commitments with some of the highest quality producers in the Delaware Basin. Additionally, Show less Read more
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