NGL Energy Partners (NYSE:NGL) Shares 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 March 05th, the Representative disclosed that they had sold between $15,001 and $50,000 in NGL Energy Partners stock on February 28th. The trade occurred in the Representative’s “EQUITABLE ADVISORS INVESTMENT ACCOUNT” account.

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

• Sold $100,001 – $250,000 in shares of NGL Energy Partners (NYSE:NGL) on 2/18/2025.
• Sold $250,001 – $500,000 in shares of NGL Energy Partners (NYSE:NGL) on 2/3/2025.
• 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.

NGL Energy Partners Trading Up 1.2 %

NGL opened at $4.79 on Friday. The stock has a 50-day moving average price of $5.08 and a 200-day moving average price of $4.66. NGL Energy Partners LP has a 12-month low of $3.84 and a 12-month high of $6.20. The stock has a market capitalization of $631.68 million, a P/E ratio of -1.90 and a beta of 1.73.

NGL Energy Partners (NYSE:NGL) last posted its quarterly earnings data on Monday, February 10th. The oil and gas company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.25). NGL Energy Partners had a negative return on equity of 29.77% and a negative net margin of 3.57%. On average, equities research analysts predict that NGL Energy Partners LP will post -0.22 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded NGL Energy Partners from a “hold” rating to a “buy” rating in a report on Monday, March 3rd.

Insider Buying and Selling at NGL Energy Partners

In other NGL Energy Partners news, CEO H Michael Krimbill purchased 15,000 shares of the stock in a transaction on Thursday, February 13th. The stock was acquired at an average price of $4.49 per share, with a total value of $67,350.00. Following the transaction, the chief executive officer now directly owns 603,000 shares of the company’s stock, valued at approximately $2,707,470. This trade represents a 2.55 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Hedge Funds Weigh In On NGL Energy Partners

Hedge funds and other institutional investors have recently modified their holdings of the company. XTX Topco Ltd purchased a new stake in NGL Energy Partners during the 3rd quarter valued at about $46,000. Wealth Enhancement Advisory Services LLC purchased a new stake in NGL Energy Partners during the 3rd quarter valued at about $46,000. Raymond James Financial Inc. purchased a new stake in NGL Energy Partners during the 4th quarter valued at about $55,000. International Assets Investment Management LLC raised its position in 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 valued at $57,000 after purchasing an additional 9,800 shares during the last quarter. Finally, one8zero8 LLC bought a new position in NGL Energy Partners during the 4th quarter valued at approximately $58,000. 40.62% of the stock is currently owned by hedge funds and other institutional investors.

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.