Rep. Mark E. Green Sells NGL Energy Partners LP (NYSE:NGL) Stock

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 $500,001 and $1,000,000 in NGL Energy Partners stock on January 30th. 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 $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 %

NYSE:NGL opened at $5.51 on Friday. NGL Energy Partners LP has a 52 week low of $3.84 and a 52 week high of $6.20. The stock’s fifty day moving average is $5.05 and its two-hundred day moving average is $4.61. The stock has a market capitalization of $727.11 million, a price-to-earnings ratio of -2.37 and a beta of 1.71.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. XTX Topco Ltd acquired a new stake in NGL Energy Partners during the 3rd quarter worth approximately $46,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of NGL Energy Partners during the third quarter worth $46,000. Raymond James Financial Inc. acquired a new stake in shares of NGL Energy Partners in the fourth quarter valued at $55,000. International Assets Investment Management LLC boosted its holdings in NGL Energy Partners by 350.0% in the third quarter. International Assets Investment Management LLC now owns 12,600 shares of the oil and gas company’s stock valued at $57,000 after purchasing an additional 9,800 shares during the period. Finally, FLC Capital Advisors acquired a new position in NGL Energy Partners during the 3rd quarter worth $103,000. Hedge funds and other 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.