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

Representative Mark E. Green (R-Tennessee) recently sold shares of NGL Energy Partners LP NYSE: NGL. In a filing disclosed on February 06th, the Representative disclosed that they had sold between $50,001 and $100,000 in NGL Energy Partners stock on January 28th. 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 $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

NYSE NGL traded down $1.13 on Tuesday, reaching $4.37. The company had a trading volume of 1,127,091 shares, compared to its average volume of 430,092. The firm has a 50-day moving average of $5.07 and a 200-day moving average of $4.61. The firm has a market capitalization of $576.36 million, a PE ratio of -1.88 and a beta of 1.71. NGL Energy Partners LP has a 1 year low of $3.84 and a 1 year high of $6.20.

NGL Energy Partners (NYSE:NGL - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The oil and gas company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.25). NGL Energy Partners had a negative net margin of 2.87% and a positive return on equity of 77.15%. As a group, sell-side analysts expect that NGL Energy Partners LP will post 0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On NGL Energy Partners

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in NGL Energy Partners by 3.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,008,565 shares of the oil and gas company's stock valued at $22,539,000 after purchasing an additional 154,098 shares during the period. Citigroup Inc. raised its stake in NGL Energy Partners by 15.9% during the 3rd quarter. Citigroup Inc. now owns 2,427,108 shares of the oil and gas company's stock valued at $10,922,000 after purchasing an additional 333,531 shares during the last quarter. ING Groep NV grew its holdings in shares of NGL Energy Partners by 5.5% during the 3rd quarter. ING Groep NV now owns 1,561,803 shares of the oil and gas company's stock worth $7,028,000 after purchasing an additional 80,803 shares in the last quarter. Cetera Investment Advisers lifted its stake in NGL Energy Partners by 13.2% during the second quarter. Cetera Investment Advisers now owns 281,019 shares of the oil and gas company's stock worth $1,422,000 after purchasing an additional 32,800 shares during the period. Finally, CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT acquired a new stake in shares of NGL Energy Partners during the 3rd quarter worth about $900,000. 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, 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.

NGL Energy Partners Company Profile

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.