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Stock impact report

NGL Energy Partners Provides Update and Announces Quarterly Distributions

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) (“the Partnership” or “NGL”) is providing an update to the following:Fiscal Year 2020 Guidance (for year ended March 31, 2020)Fiscal Year 2021 ForecastRecent Financial InitiativesApproved Distributions for quarter ended March 31, 2020Fiscal Year 2020 Guidance and Fiscal Year 2021 ForecastThe Partnership is re-confirming its Fiscal Year 2020 Guidance for Adjusted EBITDA from continuing operations and expects to be at the higher end of the Partnership’s previously issued guidance range of $565 million to $595 million. The Fiscal Year 2021 forecast (for the year ending March 31, 2021) has been approved by the Board of Directors of the Partnership’s general partner (“the Board”), with the following highlights:Adjusted EBITDA forecasted to be approximately $600 millionGrowth and Maintenance Capital Expenditures of approximately $50 million each. Growth Capital Expenditures are expected to be weighted to the first half of Show less Read more
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