Oil and Gas
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NGL Energy Partners LP owns and operates a vertically integrated energy business. It operates through the following segments: Crude Oil Logistics, Water Solutions, Liquids, Retail Propane, and Refined Products and Renewables. Read More The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries or for resale at owned and leased pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. The Water Solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production and for the disposal of solids such as tank bottoms and drilling fluids and perform trucks washouts. The Liquid segment supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants throughout the United States and in Canada, and which provides natural gas liquids terminaling and storage services through its 19 owned terminals throughout the United States, its salt dome storage facility in Utah and its leased storage and railcar transportation services through its fleet of leased railcars. The Retail Propane segment sells propane, distillates, and equipment and supplies to end users consisting of residential, agricultural, commercial, and industrial customers and to certain resellers. The Refined Products and Renewables segment conducts gasoline, diesel, ethanol, and biodiesel marketing operations. The company was founded in 1940 and is headquartered in Tulsa, OK.
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Associated PressMar 1
NGL Energy Partners LP Closes Acquisition from DCP Midstream, LP
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation. This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation. TULSA, Okla.--(BUSINESS WIRE)--Mar 1, 2019--NGL Energy Partners LP (NYSE:NGL) (“NGL” or the “Partnership”) today announced that it has closed the previously announced transaction to acquire from DCP Midstream, LP (“DCP”) a whole...
NGL Energy Partners LP Announces Completion of South Pecos Saltwater Disposal Assets Sale
TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) (“NGL” or the “Partnership”) today announced that it has closed the previously announced transaction to sell its South Pecos Water Disposal Assets to a subsidiary of WaterBridge Resources LLC (“WaterBridge”) for $238.8 million in cash proceeds at closing. NGL will use a portion of the proceeds from the sale to fund its previously announced acquisition of DCP Midstream, LP’s wholesale propane business and will use the remaining proceeds to part...
Expected May 30, Pre-Market