About NGL Energy
NGL Energy Partners LP operates in the midstream energy sector, focusing on the transportation, storage, and wholesale marketing of crude oil, natural gas liquids (NGLs), refined products, and water solutions. The company serves clients such as oil and gas producers and refiners, primarily in the United States, and manages multiple stages of the supply chain through its vertically integrated model. This integration allows for optimized operations and reliable services, generating revenue from transportation fees, product sales, and water management. NGL Energy Partners aims to be a key player in the midstream energy sector while supporting the oil and gas industry.
Tulsa, OklahomaHeadquarters
2010Year Founded
IPOCompany Stage
EnergyIndustries
501-1,000Employees
Risks
Increased competition in the Delaware Basin may impact market share and pricing.
Volatility in crude oil prices could affect transportation and storage revenue.
Stricter environmental regulations may raise operational costs for water solutions.
Differentiation
NGL Energy's vertical integration optimizes operations and reduces costs.
The company offers comprehensive services from extraction to refining and water management.
NGL Energy benefits from long-term contracts with fixed fees for stable income.
Upsides
Expansion in the Permian Basin boosts opportunities for transportation and storage services.
LEX II expansion enhances water management capacity in the Delaware Basin.
Renewable energy integration opens new revenue streams for NGL Energy.
Funding
Total raised$250
StageIPO
POST IPO DEBT
5/31/2020$250