NGL Energy Partners LP (NGL)

NGL Energy Partners LP's stock has experienced significant growth, with a 399.04% increase over the last 12 months and a 56.54% year-to-date return as of late April 2026. Recent events include pipeline expansion and financing, strong financial results for Q2 and Q3 Fiscal 2026, unit repurchases and deleveraging, quarterly cash distributions, and a "buy" rating from some analysts with a projected 50% upside.

NGL Energy Partners LP experiences demand seasonality, particularly within its Liquids Logistics business segment. Cash flows from this segment are seasonal, with operating losses or low operating income typically occurring in the second and third calendar quarters due to building inventories of natural gas liquids ahead of the heating season. Propane demand increases in September/October and throughout winter, while butane is primarily blended into gasoline in the winter.

NGL Energy Partners LP is a diversified midstream Master Limited Partnership (MLP) in the United States, operating in the energy sector. It provides services such as transportation, storage, blending, and marketing of crude oil, natural gas liquids (NGLs), refined products/renewables, and water solutions. The company operates through three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics.

NGL Energy Partners LP is headquartered in Tulsa, Oklahoma, and operates across the United States and Canada. It has a significant presence in major U.S. basins, including the Delaware Basin, Permian Basin, DJ Basin, Eagle Ford, and Midland Basin, with some exposure to the Mid-Continent region and the Pinedale Anticline. The Grand Mesa pipeline originates in Weld County, Colorado, and terminates in Cushing, Oklahoma.

Specific information on NGL Energy Partners LP's brand reputation is not readily available. However, the company's partnership with the State of New Mexico for Lesser Prairie Chicken habitat conservation, focus on water solutions, deleveraging efforts, and asset divestitures contribute to its reputation. These actions can positively impact the company's environmental reputation and enhance its reputation among investors.

NGL Energy Partners LP has a diverse ownership structure, with 100 institutional owners and shareholders holding 73,394,107 shares as of May 5, 2026. Institutional shareholders own approximately 59.11% of the stock, insiders own 33.49%, and retail investors hold 7.40%. Major institutional owners include Invesco Ltd., Morgan Stanley, and Bank of America Corp. Vincent J. Osterman is the largest individual shareholder, owning 8.20 million shares.