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

Representative Mark E. Green (R-Tennessee) recently sold shares of NGL Energy Partners LP (NYSE:NGL). In a filing disclosed on February 28th, the Representative disclosed that they had sold between $100,001 and $250,000 in NGL Energy Partners stock on February 18th. 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 $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 Trading Up 1.1 %

NYSE:NGL opened at $4.69 on Wednesday. NGL Energy Partners LP has a 12 month low of $3.84 and a 12 month high of $6.20. The company has a 50-day moving average price of $5.08 and a 200-day moving average price of $4.65. The stock has a market cap of $619.01 million, a price-to-earnings ratio of -1.86 and a beta of 1.71.

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 for the quarter, missing the consensus estimate of $0.13 by ($0.25). NGL Energy Partners had a negative net margin of 3.57% and a negative return on equity of 29.77%. Equities analysts forecast that NGL Energy Partners LP will post -0.22 EPS for the current fiscal year.

Insiders Place Their Bets

In other NGL Energy Partners news, CEO H Michael Krimbill bought 15,000 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were acquired at an average cost of $4.49 per share, for a total transaction of $67,350.00. Following the purchase, the chief executive officer now owns 603,000 shares in the company, 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 can be accessed through the SEC website.

Institutional Investors Weigh In On NGL Energy Partners

Hedge funds and other institutional investors have recently bought and sold shares of the business. XTX Topco Ltd bought a new stake in NGL Energy Partners in the third quarter worth $46,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of NGL Energy Partners in the 3rd quarter worth about $46,000. Raymond James Financial Inc. bought a new position in NGL Energy Partners in the 4th quarter worth about $55,000. International Assets Investment Management LLC grew 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 stake in NGL Energy Partners during the 4th quarter valued at about $58,000. Hedge funds and other institutional investors own 40.62% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.

NGL Energy Partners Company Profile

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.