NGL Energy Partners (NYSE:NGL) Stock 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 $250,001 and $500,000 in NGL Energy Partners stock on February 3rd. The trade occurred in the Representative’s “EQUITABLE ADVISORS INVESTMENT ACCOUNT” account.

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

• 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 Stock Down 0.6 %

Shares of NGL opened at $5.51 on Friday. The company has a 50 day moving average of $5.05 and a 200-day moving average of $4.61. The stock has a market capitalization of $727.11 million, a P/E ratio of -2.37 and a beta of 1.71. NGL Energy Partners LP has a twelve month low of $3.84 and a twelve month high of $6.20.

NGL Energy Partners (NYSE:NGL) last issued its earnings results on Tuesday, November 12th. The oil and gas company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.20). NGL Energy Partners had a positive return on equity of 77.15% and a negative net margin of 2.87%. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the prior year, the firm posted ($0.05) earnings per share. On average, sell-side analysts anticipate that NGL Energy Partners LP will post 0.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NGL Energy Partners

Large investors have recently made changes to their positions in the company. Cetera Investment Advisers increased its holdings in shares of 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. Sanctuary Advisors LLC bought a new position in NGL Energy Partners in the 2nd quarter valued at $721,000. FLC Capital Advisors purchased a new position in NGL Energy Partners during the third quarter worth about $103,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT purchased a new stake in NGL Energy Partners in the third quarter valued at approximately $900,000. Finally, International Assets Investment Management LLC lifted its holdings in shares of NGL Energy Partners by 350.0% during the 3rd quarter. International Assets Investment Management LLC now owns 12,600 shares of the oil and gas company’s stock worth $57,000 after acquiring an additional 9,800 shares during the last quarter. 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.