NGL Energy Partners LP (NGL) Stock

NGL Energy Partners LP, headquartered in Tulsa, Oklahoma, specializes in the comprehensive management of energy and water solutions across various sectors. Operating through three distinct segments, namely Water Solutions, Crude Oil Logistics, and Liquids Logistics, the company undertakes a diverse range of activities. The Water Solutions segment plays a crucial role in transporting, treating, recycling, and disposing of water generated from oil and natural gas production. It also engages in the recovery and sale of crude oil, disposal of solids, and provision of water for reuse and recycling purposes.

Within the Crude Oil Logistics segment, NGL Energy Partners LP purchases crude oil from producers and facilitates its transport to refineries and other key trade hubs via a network that includes pipeline injection stations, storage terminals, and rail facilities. This segment further provides essential storage, terminaling, and transportation services through its extensive pipeline infrastructure.

The Liquids Logistics segment is integral to NGL Energy Partners LP's operations, supplying a range of natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers across the United States and Canada. This segment manages 24 terminals, third-party storage facilities, and a fleet of leased railcars, while also overseeing marine export activities from its facility in Chesapeake, Virginia. With a history dating back to 1940, NGL Energy Partners LP continues to leverage its extensive operational expertise and strategic partnerships to deliver value across its diversified portfolio.