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 main 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 provides washout services. 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 offers marine exports of butane from its Chesapeake, Virginia facility.

NGL Energy Partners LP is listed on the New York Stock Exchange (NYSE) under the ticker symbol NGL-PC. The company trades in U.S. dollars (USD), as it is headquartered in the United States and its primary operations are within the country. Being listed on the NYSE provides liquidity and access to a broad base of investors in the U.S. equity markets.

NGL Energy Partners LP operates in the Energy sector, specifically within the Oil & Gas Midstream industry. As a midstream company, it focuses on the transportation, storage, and marketing of crude oil, natural gas liquids, and refined products, as well as water solutions for oil and gas production. Midstream activities are critical for connecting upstream producers with downstream refineries and end-users, and NGL Energy Partners plays a key role in the logistics and infrastructure of the U.S. energy supply chain.

NGL Energy Partners LP is organized into three primary business segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water from crude oil and natural gas production, and also recovers crude oil, disposes solids like tank bottoms and drilling mud, and performs truck and frac tank washouts. The Crude Oil Logistics segment purchases crude oil from producers and marketers, transporting it to refineries via pipeline injection stations, storage terminals, barge loading facilities, rail facilities, and trade hubs. The Liquids Logistics segment supplies natural gas liquids to commercial, retail, and industrial customers across the United States and Canada through five terminals, third-party facilities, nine common carrier pipelines, and a fleet of leased railcars, and also provides marine exports of butane from its Chesapeake, Virginia facility.

NGL Energy Partners LP was founded in 1940. The company has a long history in the energy sector, evolving over the decades to become a midstream provider of crude oil, natural gas liquids, and water solutions. Its general partner is NGL Energy Holdings LLC. The company's extensive infrastructure and operational experience support its role in the transportation, storage, and marketing of energy products across the United States.