Articles from NGL Energy Partners LP

NGL Energy Partners LP (NYSENGL) announced today that it plans to issue its fiscal quarter-ended December 31, 2024 earnings press release post-market close on Monday, February 10, 2025. Members of NGL’s management team intend to host an earnings call following this release on Monday, February 10, 2025 at 4:00 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/51875 or by dialing (888) 506-0062 and providing conference code: 239040. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 51875.

NGL Energy Partners LP (NYSENGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending December 31, 2024 to be paid to the holders of the Partnership’s 12.068% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 11.977% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7542 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7486 per unit on January 15, 2025, to holders of record on January 1, 2025.

NGL Energy Partners LP (NYSENGL) (“NGL,” “we,” “us,” “our,” or the “Partnership”) today reported its second quarter Fiscal 2025 financial results. Highlights include:

NGL Energy Partners LP (NYSENGL) announced today that it plans to issue its fiscal quarter-ended September 30, 2024 earnings press release post-market close on Tuesday, November 12, 2024. Members of NGL’s management team intend to host an earnings call following this release on Tuesday, November 12, 2024 at 4:00 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/51470 or by dialing (877) 545-0523 and providing conference code: 395492. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 51470.

NGL Energy Partners LP (NYSENGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending September 30, 2024 to be paid to the holders of the Partnership’s 12.806% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 12.716% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.8004 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7947 per unit on October 15, 2024, to holders of record on October 1, 2024.

NGL Energy Partners LP (NYSENGL) (“NGL,” “we,” “us,” “our,” or the “Partnership”) today reported its first quarter Fiscal 2025 financial results. Highlights include:

NGL Energy Partners LP (NYSENGL) (“NGL,” or the “Partnership”) announced today that its 2023 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/ngl.

NGL Energy Partners LP (NYSENGL) announced today that it plans to issue its fiscal quarter - ended June 30, 2024 earnings press release post-market close on Thursday, August 8, 2024. Members of NGL’s management team intend to host an earnings call following this release on Thursday, August 8, 2024 at 4:00 pm CDT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/50965 or by dialing (844) 369-8770 and providing conference code: NGL Energy Partners. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 50965.

NGL Energy Partners LP (NYSENGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending June 30, 2024 to be paid to the holders of the Partnership’s 12.511% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 12.682% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7820 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7926 per unit on July 15, 2024, to holders of record on July 1, 2024.

NGL Energy Partners LP (NYSENGL) (“NGL,” ““we,” “us,” “our,” or the “Partnership”) today reported its fourth quarter and full year fiscal 2024 results.

NGL Energy Partners LP (NYSENGL) (“NGL,” or the “Partnership”) announced today that the Board of Directors of its general partner has authorized a common unit repurchase program, under which NGL may repurchase up to $50 million of its outstanding units representing limited partnership interests of NGL and does not have a fixed expiration date.

NGL Energy Partners LP (NYSENGL) announced today that it plans to issue its fiscal year ended March 31, 2024 earnings press release post-market close on Thursday, June 6, 2024. Members of NGL’s management team intend to host an earnings call following this release on Thursday, June 6, 2024 at 4:00 pm CDT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/50611 or by dialing (888) 506-0062 and providing access code: 410412. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 50611.

NGL Energy Partners LP (NYSENGL) announced today that the Board of Directors of its general partner approved distributions to fully pay the remaining distribution arrearage on the Class B, Class C and Class D Preferred Units. The arrearage payment will be made to the holders of the Partnership’s 12.544% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement.

NGL Energy Partners LP (NYSENGL) (“NGL,” or the “Partnership”) announced today that it has completed the sale of its North and South Ranches. These two New Mexico ranches have combined acreage of approximately 122,250 acres, in the core of the Delaware.

NGL Energy Partners LP (NYSENGL) announced today that the Board of Directors of its general partner approved a distribution of 55.4% of the outstanding arrearages for the quarter ending March 31, 2024 to be paid to the holders of the Partnership’s 12.544% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement. Each of the Class B Preferred Units quarterly distribution of $3.0224 per unit and the Class C Preferred Units quarterly distribution of $2.6790 per unit will be made on April 18, 2024 to holders of record at the close of trading on April 12, 2024.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today provided an update on the expected availability of the partnership’s 2023 Investor Tax Packages including Schedule K-1 for its common unitholders.

NGL Energy Partners LP (NYSENGL) (“NGL,” “we,” “us,” “our,” or the “Partnership”) today reported its third quarter Fiscal 2024 financial results. Highlights include:

NGL Energy Partners LP (NYSE: NGL or the “Partnership”) announced today that the Board of Directors of its general partner declared a distribution of 50% of the arrearages earned and outstanding through December 31, 2023 to be paid to the holders of the Partnership’s 12.806% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement. Each holder of the Class B Preferred Units will receive $4.4439 per unit and each holder of the Class C Preferred Units will receive $4.0746 per unit on February 27, 2024, which payments will be made to holders of record at the close of trading on February 16, 2024.

NGL Energy Partners LP (NYSENGL) (“NGL”) through its wholly owned subsidiaries NGL Energy Operating LLC and NGL Energy Finance Corp., closed $2.9 billion of refinancing transactions, consisting of their previously announced $2.2 billion senior secured notes offering of $900 million in aggregate principal amount of 8.125% senior secured notes due 2029 and $1.3 billion in aggregate principal amount of 8.375% senior secured notes due 2032, and a seven-year $700.0 million senior secured term loan facility. The net proceeds from these transactions are being used (i) to fund the redemption, and related discharge of the indentures governing NGL’s existing 6.125% senior notes due 2025, 7.5% senior notes due 2026, and 7.500% senior secured notes due 2026, including any applicable premiums and accrued and unpaid interest, (ii) to pay fees and expenses in connection therewith, (iii) to repay all borrowings under NGL’s senior secured asset-based revolving credit facility and (iv) to the extent of any remaining net proceeds, for general corporate purposes.

NGL Energy Partners LP (NYSENGL) (“NGL”), through its wholly owned subsidiaries NGL Energy Operating LLC and NGL Energy Finance Corp., today announced the upsizing of their senior secured notes offering from $2.1 billion to $2.2 billion and have priced $900 million in aggregate principal amount of 8.125% senior secured notes due 2029 (the “2029 Notes”) and $1.3 billion in aggregate principal amount of 8.375% senior secured notes due 2032 (the “2032 Notes” and, together with the 2029 Notes, the “Notes”). NGL expects to use the net proceeds of the offering, together with the borrowings under a new seven-year $700.0 million senior secured term loan facility expected to be entered into concurrently with the offering, (i) to fund the redemption, and related discharge of the indentures governing, NGL’s existing 6.125% senior notes due 2025, 7.5% senior notes due 2026, and 7.500% senior secured notes due 2026, including any applicable premiums and accrued and unpaid interest, (ii) to pay fees and expenses in connection therewith, (iii) to repay borrowings under NGL’s senior secured asset-backed lending facility and (iv) to the extent of any remaining net proceeds, for general corporate purposes.

NGL Energy Partners LP (NYSENGL) (“NGL”), through its wholly owned subsidiaries NGL Energy Operating LLC and NGL Energy Finance Corp., today announced that they intend to offer, subject to market and other conditions, $2.1 billion in aggregate principal amount of senior secured notes due 2029 and senior secured notes due 2032 (together, the “Notes”). NGL expects to use the net proceeds of the offering, together with the borrowings under a new seven-year $700.0 million senior secured term loan facility expected to be entered into concurrently with the offering, (i) to fund the redemption of, and related discharge of the indentures governing, NGL’s existing 6.125% senior notes due 2025, 7.5% senior notes due 2026, and 7.500% senior secured notes due 2026, including any applicable premiums and accrued and unpaid interest to, but excluding, the applicable redemption date, (ii) to pay fees and expenses in connection with the foregoing transactions and (iii) to the extent of any remaining net proceeds, to repay a portion of the outstanding borrowings under NGL’s senior secured asset-backed lending facility.

NGL Energy Partners LP (NYSENGL) (“NGL,” or the “Partnership”) announced today that NGL Water Solutions is commencing expansion of its Lea County Express Pipeline System from a capacity of 140,000 barrels of water per day to 340,000 barrels per day in 2024 (LEX II Expansion). The addition of a second large-diameter pipeline, disposal wells, and facilities will greatly expand the capabilities of NGL’s existing produced water super-system and create a significantly larger outlet for produced water disposal within the Delaware Basin. The construction of the 27-mile, 30-inch produced water pipeline will transport water to areas outside the core of the basin thereby further diversifying NGL’s geographic location of its disposal operations. The LEX II Expansion is fully underwritten by a recently executed minimum volume commitment contract that includes an acreage dedication extension with an investment grade oil and gas producer.

New Term Loan Facility

NGL Energy Partners LP (NYSENGL) (“Partnership” or “NGL”) is pleased to announce that a binding open season will start today, December 6, 2023 at 8:00 am Central Daylight Time for its wholly owned affiliate Grand Mesa Pipeline, LLC’s (“Grand Mesa”) crude oil pipeline. This open season will close on January 5, 2024 at 5:00 pm Central Daylight Time.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its second quarter Fiscal 2024 financial results. Highlights include:

NGL Energy Partners LP (NYSENGL) announced today that it plans to issue its fiscal second quarter ended September 30, 2023 earnings press release post-market close on Thursday, November 9, 2023. Members of NGL’s management team intend to host an earnings call following this release on Thursday, November 9, 2023 at 4:00 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/49346 or by dialing (877) 545-0320 and providing access code: 476458. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 49346.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its first quarter Fiscal 2024 financial results. Highlights include:

NGL Energy Partners LP (NYSENGL) (“NGL,” or the “Partnership”) announced today that its 2022 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/ngl.

NGL Energy Partners LP (NYSENGL) announced today that it plans to issue its fiscal first quarter ended June 30, 2023 earnings press release post-market close on Wednesday, August 9, 2023. Members of NGL’s management team intend to host an earnings call following this release on Wednesday, August 9, 2023 at 4:30 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/48748 or by dialing (888) 506-0062 and providing access code: 715919. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 48748.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its fourth quarter and full year fiscal 2023 results.

NGL Energy Partners LP (NYSENGL) announced today that it plans to issue its fiscal fourth quarter ended March 31, 2023 earnings press release post-market close on Wednesday, May 31, 2023. Members of NGL’s management team intend to host an earnings call following this release on Wednesday, May 31, 2023 at 4:30 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/48242 or by dialing (888) 506-0062 and providing access code: 106759. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 48242.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) is announcing the completion of the Marine asset sale, redemption of the all 7.5% unsecured senior notes due in November 2023 (“2023 Notes”) together with updates on debt, and leverage at March 31, 2023. Highlights include:

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) announced the signing of two definitive agreements to sell all of its marine assets for $111.65 million in cash in the aggregate. NGL provided waterborne transportation of refined products and crude oil for a diversified group of customers which include major oil refineries on the Gulf Coast with these assets. NGL’s marine fleet consists of 13 towboats and 25 tank barges. The transaction is expected to close at the end of this month, subject to customary closing conditions.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today announced that it intends to call for redemption, all $203,400,000 aggregate outstanding principal amount of its 7.5% Senior Notes due 2023 (the “Notes”). On March 31, 2023 (the “Redemption Date”), registered holders of such Notes will receive a redemption payment of equal to 100% of the principal amount of such Notes; and accrued and unpaid interest on such Notes, if any, to the Redemption Date.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) announced a permanent commitment in our ABL Facility of $600 million. On April 13, 2022, the Partnership amended the ABL Facility to increase the commitments to $600 million under the accordion feature within the ABL Facility and agreed to reduce the commitments back to the original $500 million on or before March 31, 2023. This Amendment extends the maturity date of the additional $100 million of commitments through February 2026, the remaining term of the ABL Facility.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its third quarter Fiscal 2023 financial results. Highlights include:

NGL Energy Partners LP (NYSENGL) announced today that NGL plans to issue its fiscal third quarter ended December 31, 2022 earnings press release post-market close on Thursday, February 9, 2023. Members of NGL’s management team intend to host an earnings call following this release on Thursday, February 9, 2023 at 4:30 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/47555 or by dialing (888) 506-0062 and providing access code: 893513. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 47555.

NGL Energy Partners LP (NYSENGL) (“the “Partnership” or “NGL”) announced an increase to its Fiscal 2023 Adjusted EBITDA guidance today. The Partnership has increased its Adjusted EBITDA guidance for the current fiscal year from greater than $600 million to greater than $630 million. Of this amount, more than $430 million is expected to be generated from the Partnership’s Water Solutions segment. Additionally, the Partnership disclosed that it has reduced debt balances by approximately $227 million during its third fiscal quarter and has a total debt balance of $3.258 billion as of December 31, 2022.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its second quarter Fiscal 2023 financial results. Highlights include:

NGL Energy Partners LP (NYSENGL) announced today that NGL plans to issue its fiscal second quarter ended September 30, 2022 earnings press release post-market close on Wednesday, November 9, 2022. Members of NGL’s management team intend to host an earnings call following this release on Wednesday, November 9, 2022 at 4:00 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/46952 or by dialing (877) 545-0523 and providing access code: 866911. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 46952.

Advances being made by NGL Energy Partners LP’s (“NGL” or “Partnership”) Water Solutions segment (“NGL Water Solutions”) in sustainable produced water reuse technology and practices were featured recently in an episode of the Emmy-nominated series Tomorrow’s World Today on the Discovery Channel. The Water from the Desert episode explores NGL’s collaboration with XRI Holdings, LLC (“XRI”) -- a collaboration providing holistic water management to their customers in the Permian Basin. Below is a link to the program:

NGL Energy Partners LP (NYSENGL) today announced that it will attend the Wells Fargo 2022 Leveraged Finance Conference in Nashville, Tennessee on September 7, 2022 – September 9, 2022. Members of NGL’s management team will participate in a series of one-on-one meetings with members of the investment community at the conference. The slide presentation referenced at the conference is available on NGL’s website at www.nglenergypartners.com on the “Presentations” sub-tab under the “Investor Relations” section.

NGL Energy Partners LP (NYSENGL) (“NGL,” or the “Partnership”) announced today that its 2021 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/ngl.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its first quarter Fiscal 2023 financial results. Highlights include:

NGL Energy Partners LP (NYSENGL) (“NGL,” or the “Partnership”) announced today the completion of the Ambassador Pipeline in the state of Michigan. The Ambassador Pipeline System consists of a 225-mile bi-directional pipeline with multiple supply and delivery points. The Ambassador Pipeline connects central, northern, and western Michigan propane customers to millions of gallons of underground storage capacity in Eastern Michigan. NGL’s Wheeler Terminal is strategically located at the mid-point of the Pipeline and includes on-site storage of 480,000 gallons of propane. The Kalkaska terminal is located at the northern end of the pipeline and has total storage of 420,000 gallons. Both Wheeler and Kalkaska each utilize two truck loading bays capable of flowing up to 600 gallons per minute, which allows propane transports to load in approximately 25 minutes.

NGL Energy Partners LP (NYSENGL) announced today that NGL plans to issue its fiscal first quarter ended June 30, 2022 earnings press release post-market close on Tuesday, August 9, 2022. Members of NGL’s management team intend to host an earnings call following this release on Tuesday, August 9, 2022 at 4:00 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/46286 or by dialing (877) 545-0523 and providing access code: 252394. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 46286.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its fourth quarter and full year fiscal 2022 results. The Partnership reported a loss from continuing operations of $29.4 million for the quarter ended March 31, 2022 and $184.1 million for its full fiscal year 2022.

NGL Energy Partners LP (NYSENGL) announced today that NGL plans to issue its fiscal fourth quarter and year ended March 31, 2022 earnings press release post-market close on Monday, June 6, 2022. Members of NGL’s management team intend to host an earnings call following this release on Monday, June 6, 2022 at 4:00 pm CT to discuss its financial results and guidance for fiscal 2023. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/45661 or by dialing (888) 506-0062 and providing access code: 956840. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 45661.

NGL Energy Partners LP (NYSENGL) (“NGL” or the “Partnership”) announced today that the Partnership recently signed a new long-term produced water transportation, recycling and disposal agreement with a leading, investment grade independent producer operating within the Delaware Basin. The new dedicated long-term agreement spans an area over 300,000 acres in New Mexico and Texas and includes committed produced water volumes and recycled water services. As it has with other recent dedications, the Partnership plans to leverage its existing infrastructure and significant disposal capacity to service this new contract. “We are pleased to announce this agreement with this long-standing customer as it allows us to grow with them as they continue to develop their resource and it significantly increases our dedicated acreage portfolio in the Delaware Basin to a total of more than 660,000 acres,” said Doug White, EVP of Water Solutions.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its third quarter Fiscal 2022 results. Highlights for the quarter include:

NGL Energy Partners LP (NYSENGL) (“NGL”) announced today a collaboration with XRI Holdings, LLC (“XRI”) to advance full cycle produced water management across operations in the prolific Delaware Basin. NGL owns and operates the largest integrated produced water pipeline system in the Basin where it currently manages over 1.8 million barrels per day. XRI is the largest produced water recycling company in the Permian Basin, employing innovative practices and patented treatment technology, and managing total water volumes in excess of 1.2 million barrels per day.

NGL Energy Partners LP (NYSENGL) announced today that NGL plans to issue its fiscal 2022 third quarter ended December 31, 2021, earnings press release post-market close on Wednesday, February 9, 2022. Members of NGL’s management team intend to host an earnings call following this release on Wednesday, February 9, 2022 at 4:00 pm CST to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/44432 or by dialing (888) 506-0062 and providing access code: 294091. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 44432.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its second quarter Fiscal 2022 results. Highlights for the quarter include:

NGL Energy Partners LP (NYSENGL) announced today that NGL plans to issue its fiscal 2022 second quarter ended September 30, 2021, earnings press release post-market close on Tuesday, November 9, 2021. Members of NGL’s management team intend to host an earnings call following this release on Tuesday, November 9, 2021 at 4:00 pm CST to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster4.com/Webcast/Page/2808/43431 or by dialing (888) 506-0062 and providing access code: 646174. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 43431.

NGL Energy Partners LP (NYSENGL) today announces that Linda Bridges will be promoted to Executive Vice President and Chief Financial Officer effective September 30, 2021 and will be reporting to H. Michael Krimbill, the Partnership’s Chief Executive Officer.

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its first quarter Fiscal 2022 results. Highlights for the quarter include:

NGL Energy Partners LP (NYSENGL) announced today that NGL plans to issue its fiscal 2022 first quarter ended June 30, 2021, earnings press release post-market close on Monday, August 9, 2021. Members of NGL’s management team intend to host an earnings call following this release on Monday, August 9, 2021 at 4:00 pm CDT to discuss its financial results. Analysts, investors, and other interested parties may access the conference call by pre-registering here. An archived audio replay of the call will be available for 7 days beginning at 1:00 pm CDT on August 10, 2021, which can be accessed by dialing (855) 859-2056 and providing access code 5592767.

NGL Energy Partners LP (NYSENGL) (“NGL” or the “Partnership”) announced today that the Partnership has successfully completed the first of two large scale Delaware Basin wastewater recycling projects in Lea County, NM. The initial project, which began in late May, supported one of our customers’ highly efficient simultaneous fracturing, or “simul-frac”, completion activities. Utilizing our own produced water, the Partnership treated and provided approximately 130,000 barrels per day, with peak volumes of up to 140,000 barrels per day. This project eliminated the need for over 5,000,000 barrels of fresh water. The second large scale recycling project will begin later this month. It is expected to provide 200,000 to 250,000 barrels per day, and potentially up to 350,000 barrels per day of recycled wastewater to a leading independent oil and gas producer.

NGL Energy Partners LP (NYSENGL) (“Partnership” or “NGL”) is pleased to announce that a binding open season will start today, July 9, 2021 at 8:00 am Central Daylight Time for its wholly owned affiliate Grand Mesa Pipeline, LLC’s (“Grand Mesa”) crude oil pipeline. This open season will close on August 9, 2021 at 5:00 pm Central Daylight Time.

Seventh paragraph (under Crude Oil Logistics), second sentence should read: During the three months ended March 31, 2021, financial volumes on the Grand Mesa Pipeline averaged approximately 66,000 barrels per day compared to 131,000 barrels per day during the prior year period, a decrease primarily due to the bankruptcy court’s approved rejection of the Extraction transportation agreement. Winter storm Uri in February 2021 reduced not only volumes at the lease in all areas of our operations, including the DJ Basin, but also refinery demand due to outages on the United States Gulf Coast. (instead of During the three months ended March 31, 2021, financial volumes on the Grand Mesa Pipeline averaged approximately 131,000 barrels per day during the prior year period, a decrease primarily due to the bankruptcy court’s approved rejection of the Extraction transportation agreement. Winter storm Uri in February 2021 reduced not only volumes at the lease in all areas of our operations, including the DJ Basin, but also refinery demand due to outages on the United States Gulf Coast.)

NGL Energy Partners LP (NYSENGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its fourth quarter and full year fiscal 2021 results.

NGL Energy Partners LP (NYSENGL) announced today that NGL plans to issue its fiscal fourth quarter ended March 31, 2021 earnings press release post-market close on Thursday, June 3, 2021. Members of NGL’s management team intend to host an earnings call following this release on Thursday, June 3, 2021 at 4:00 pm CDT to discuss its financial results. Analysts, investors, and other interested parties may access the conference call by dialing (800) 291-4083 and providing access code 7299585. An archived audio replay of the call will be available for 7 days beginning at 1:00 pm CDT on June 4, 2021, which can be accessed by dialing (855) 859-2056 and providing access code 7299585.