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

Representative Mark E. Green (R-Tennessee) recently sold shares of NGL Energy Partners LP NYSE: NGL. In a filing disclosed on February 28th, the Representative disclosed that they had sold between $100,001 and $250,000 in NGL Energy Partners stock on February 18th. The trade occurred in the Representative's "EQUITABLE ADVISORS INVESTMENT ACCOUNT" account.

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

• Sold $250,001 - $500,000 in shares of NGL Energy Partners NYSE: NGL on 2/3/2025.
• Sold $500,001 - $1,000,000 in shares of NGL Energy Partners NYSE: NGL on 1/30/2025.
• Sold $50,001 - $100,000 in shares of NGL Energy Partners NYSE: NGL on 1/28/2025.
• Sold $15,001 - $50,000 in shares of NGL Energy Partners NYSE: NGL on 1/2/2025.
• Sold $15,001 - $50,000 in shares of NGL Energy Partners NYSE: NGL on 12/3/2024.

NGL Energy Partners Price Performance

Shares of NYSE:NGL traded up $0.03 during trading on Thursday, hitting $4.75. 123,015 shares of the company were exchanged, compared to its average volume of 491,682. The firm's 50 day moving average price is $5.08 and its 200-day moving average price is $4.66. The stock has a market capitalization of $627.06 million, a P/E ratio of -1.88 and a beta of 1.71. NGL Energy Partners LP has a 12-month low of $3.84 and a 12-month high of $6.20.

NGL Energy Partners (NYSE:NGL - Get Free Report) last announced its earnings results on Monday, February 10th. The oil and gas company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.25). NGL Energy Partners had a negative net margin of 3.57% and a negative return on equity of 29.77%. As a group, equities research analysts anticipate that NGL Energy Partners LP will post -0.22 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded NGL Energy Partners from a "hold" rating to a "buy" rating in a report on Monday.

Insider Transactions at NGL Energy Partners

In related news, CEO H Michael Krimbill purchased 15,000 shares of the business's stock in a transaction dated Thursday, February 13th. The stock was purchased at an average cost of $4.49 per share, with a total value of $67,350.00. Following the completion of the acquisition, the chief executive officer now directly owns 603,000 shares of the company's stock, valued at approximately $2,707,470. The trade was a 2.55 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NGL. XTX Topco Ltd acquired a new stake in shares of NGL Energy Partners during the third quarter worth about $46,000. Wealth Enhancement Advisory Services LLC bought a new position in NGL Energy Partners during the 3rd quarter worth $46,000. Raymond James Financial Inc. bought a new stake in NGL Energy Partners in the 4th quarter valued at about $55,000. one8zero8 LLC bought a new stake in shares of NGL Energy Partners during the 4th quarter worth approximately $58,000. Finally, Two Sigma Securities LLC acquired a new position in shares of NGL Energy Partners in the fourth quarter worth approximately $59,000. Institutional investors own 40.62% of the company's stock.

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, 2027. Green (Republican Party) ran for re-election to the U.S. House to represent Tennessee's 7th Congressional District. He won in the general election on November 5, 2024. 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. He was part of the unit that captured Saddam Hussein. Green wrote about the experience in a book, A Night with Saddam.

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.