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

Representative Mark E. Green (R-Tennessee) recently sold shares of NGL Energy Partners LP (NYSE:NGL). In a filing disclosed on February 06th, the Representative disclosed that they had sold between $50,001 and $100,000 in NGL Energy Partners stock on January 28th. 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 $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 Stock Performance

Shares of NGL stock opened at $5.51 on Friday. The firm has a fifty day moving average of $5.05 and a 200-day moving average of $4.61. The stock has a market cap of $727.11 million, a price-to-earnings ratio of -2.37 and a beta of 1.71. NGL Energy Partners LP has a 52-week low of $3.84 and a 52-week high of $6.20.

NGL Energy Partners (NYSE:NGL) last posted its quarterly earnings results on Tuesday, November 12th. The oil and gas company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.20). The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.56 billion. NGL Energy Partners had a positive return on equity of 77.15% and a negative net margin of 2.87%. During the same period last year, the company earned ($0.05) EPS. On average, sell-side analysts predict that NGL Energy Partners LP will post 0.11 earnings per share for the current year.

Hedge Funds Weigh In On NGL Energy Partners

Hedge funds have recently modified their holdings of the stock. XTX Topco Ltd acquired a new stake in NGL Energy Partners in the 3rd quarter valued at $46,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of NGL Energy Partners during the third quarter valued at $46,000. Raymond James Financial Inc. acquired a new stake in shares of NGL Energy Partners in the 4th quarter valued at $55,000. International Assets Investment Management LLC grew its holdings in shares of NGL Energy Partners by 350.0% in the 3rd quarter. International Assets Investment Management LLC now owns 12,600 shares of the oil and gas company’s stock worth $57,000 after purchasing an additional 9,800 shares during the last quarter. Finally, FLC Capital Advisors acquired a new stake in shares of NGL Energy Partners during the 3rd quarter worth about $103,000. 40.62% of the stock is owned by institutional investors and hedge funds.

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.

About NGL Energy Partners

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.