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NGL Stock - NGL Energy Partners LP


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NGL Energy Partners LP is actively involved in the comprehensive management of energy resources, focusing on the transportation, storage, blending, and marketing of various essential commodities including crude oil, natural gas liquids (NGLs), refined products, renewables, and water solutions. Operating across three distinct segments, namely Water Solutions, Crude Oil Logistics, and Liquids Logistics, the company plays a pivotal role in the energy infrastructure landscape.

In its Water Solutions segment, NGL Energy Partners addresses the critical needs of the oil and natural gas production industry by transporting, treating, recycling, and disposing of produced and flowback water. The segment also manages the aggregation and sale of recovered crude oil, as well as the disposal of solids such as tank bottoms and drilling fluids. Moreover, NGL facilitates the sale of produced water for reuse and recycle purposes, underscoring its commitment to sustainable water management practices.

The Crude Oil Logistics segment focuses on purchasing crude oil from producers and marketers, and subsequently transporting it to refineries for resale at various trade hubs and facilities. Through its extensive network of pipelines, storage terminals, and transportation services, NGL Energy Partners enhances the efficiency and reliability of crude oil distribution across key energy markets.

Furthermore, the Liquids Logistics segment contributes significantly to NGL's operational footprint by supplying natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers throughout the United States and Canada. Leveraging its 24 terminals, third-party storage facilities, and fleet of leased railcars, the segment ensures timely and secure delivery of essential energy resources. Additionally, NGL's marine export capabilities from its Chesapeake, Virginia facility further bolster its position in the global energy supply chain.

Established in 1940 and headquartered in Tulsa, Oklahoma, NGL Energy Partners LP continues to uphold a legacy of excellence in energy logistics and solutions. With its strategic operations and commitment to innovation, the company remains a vital partner in meeting the evolving energy needs of diverse industries across North America.

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Stock Sector: Energy: Oil & Gas Refining & Marketing

 

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