Rep. Mark E. Green Sells Off Shares of NGL Energy Partners LP (NYSE:NGL)

Representative Mark E. Green (R-Tennessee) recently sold shares of NGL Energy Partners LP NYSE: NGL. In a filing disclosed on January 13th, the Representative disclosed that they had sold between $15,001 and $50,000 in NGL Energy Partners stock on January 2nd. The trade occurred in the Representative's "EQUITABLE ADVISORS INVESTMENT ACCOUNT" account.

Representative Mark E. Green also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of NGL Energy Partners NYSE: NGL on 12/3/2024.
• Sold $50,001 - $100,000 in shares of NGL Energy Partners NYSE: NGL on 10/24/2024.
• Sold $50,001 - $100,000 in shares of NGL Energy Partners NYSE: NGL on 10/16/2024.

NGL Energy Partners Price Performance

Shares of NGL traded down $0.11 during mid-day trading on Wednesday, reaching $5.37. The company had a trading volume of 186,341 shares, compared to its average volume of 372,997. The company has a debt-to-equity ratio of 28.52, a current ratio of 1.21 and a quick ratio of 0.98. The company has a market capitalization of $708.91 million, a P/E ratio of -2.31 and a beta of 1.72. NGL Energy Partners LP has a twelve month low of $3.84 and a twelve month high of $6.20. The company's 50-day moving average is $4.71 and its 200-day moving average is $4.53.

NGL Energy Partners (NYSE:NGL - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The oil and gas company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.20). NGL Energy Partners had a positive return on equity of 77.15% and a negative net margin of 2.87%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same quarter in the prior year, the company earned ($0.05) earnings per share. On average, equities analysts anticipate that NGL Energy Partners LP will post 0.11 EPS for the current year.

Hedge Funds Weigh In On NGL Energy Partners

Several institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd bought a new stake in NGL Energy Partners during the third quarter worth about $46,000. Wealth Enhancement Advisory Services LLC bought a new stake in NGL Energy Partners during the 3rd quarter worth approximately $46,000. International Assets Investment Management LLC increased its holdings in NGL Energy Partners by 350.0% during the 3rd quarter. International Assets Investment Management LLC now owns 12,600 shares of the oil and gas company's stock valued at $57,000 after purchasing an additional 9,800 shares in the last quarter. FLC Capital Advisors bought a new position in shares of NGL Energy Partners in the third quarter valued at about $103,000. Finally, Tidal Investments LLC increased its position in NGL Energy Partners by 33.3% in the 3rd quarter. Tidal Investments LLC now owns 35,527 shares of the oil and gas company's stock valued at $160,000 after acquiring an additional 8,877 shares in the last quarter. 40.62% of the stock is owned by institutional investors.

About Representative Green

Mark Green (Republican Party) is a member of the U.S. House, representing Tennessee's 7th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2025. Green (Republican Party) is running for re-election to the U.S. House to represent Tennessee's 7th Congressional District. He declared candidacy for the Republican primary scheduled on August 1, 2024. He won his first election to the U.S. House in 2018 by more than 34 points. Green served in the Tennessee State Senate, representing District 22 from 2012 to 2018. He succeeded Marsha Blackburn after she ran for and won election to the United States Senate. Green previously served in the U.S. Army. He was part of the unit that captured Saddam Hussein. Green wrote about the experience in a book, A Night with Saddam. In May 2017, Green was nominated by Donald Trump for the position of Secretary of the United States Army Green withdrew his nomination. Green received his bachelor's in quantitative business management from West Point. He later received a master's certificate in information systems from the University of Southern California and an M.D. from Wright State University. Green's professional experience includes working as the president of Emergency Services Network and as the CEO of Align MD Foundation. He served as an officer in the U.S. Army from 1987 to 1990.

About NGL Energy Partners

NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water.