NGL Energy Partners LP

NGL Energy Partners LP is a midstream energy company that provides transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products/renewables, and water solutions across the United States. The company operates through three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment handles the transport, treatment, recycling, and disposal of produced and flowback water from oil and gas production, and also recovers crude oil, disposes solids, and sells produced water for reuse. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries via pipelines, storage tanks, and other facilities. The Liquids Logistics segment supplies natural gas liquids to customers in the U.S. and Canada through terminals, pipelines, and railcars, and also provides marine export services for butane.

NGL Energy Partners LP is listed on the New York Stock Exchange (NYSE) under the ticker symbol NGL-PB. The company trades in U.S. dollars (USD), which is the currency of its primary market. As a publicly traded partnership, its shares are available to investors on this major U.S. exchange, providing liquidity and exposure to the energy midstream sector.

NGL Energy Partners LP operates in the Energy sector, specifically within the Oil & Gas Midstream industry. Midstream companies are involved in the transportation, storage, and processing of oil and gas products, serving as a link between upstream producers and downstream refiners or end-users. NGL's activities include crude oil logistics, natural gas liquids handling, and water solutions, all of which are essential for moving energy products from production sites to markets.

NGL Energy Partners LP primarily serves the United States, with its operations spanning across key oil and gas producing regions. The company's Water Solutions segment handles produced water from crude oil and natural gas production nationwide. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries at pipeline injection stations, storage terminals, and trade hubs across the U.S. The Liquids Logistics segment extends into Canada, supplying natural gas liquids to commercial, retail, and industrial customers there, and also operates a butane marine export facility in Chesapeake, Virginia, and a propane pipeline in Michigan.

NGL Energy Partners LP generates revenue through fee-based services and commodity marketing across its three segments. The Water Solutions segment earns fees for transporting, treating, recycling, and disposing of produced water, as well as selling recovered crude oil and water for reuse. The Crude Oil Logistics segment profits from purchasing crude oil from producers and reselling it to refineries, while also charging for storage, terminaling, and transportation services via pipelines and tanks. The Liquids Logistics segment markets natural gas liquids to customers in the U.S. and Canada, utilizing its terminals, pipelines, and rail fleet, and also provides marine export services for butane. This diversified model combines stable fee-based income with commodity price exposure.