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

Representative Mark E. Green (R-Tennessee) recently sold shares of NGL Energy Partners LP (NYSE:NGL). In a filing disclosed on March 05th, the Representative disclosed that they had sold between $15,001 and $50,000 in NGL Energy Partners stock on February 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 $100,001 – $250,000 in shares of NGL Energy Partners (NYSE:NGL) on 2/18/2025.
• 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.

NGL Energy Partners Trading Up 1.2 %

Shares of NGL Energy Partners stock opened at $4.79 on Friday. NGL Energy Partners LP has a 12 month low of $3.84 and a 12 month high of $6.20. The stock has a 50 day moving average of $5.08 and a 200 day moving average of $4.66. The firm has a market cap of $631.68 million, a PE ratio of -1.90 and a beta of 1.73.

NGL Energy Partners (NYSE:NGL) last posted its earnings results on Monday, February 10th. The oil and gas company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.25). NGL Energy Partners had a negative return on equity of 29.77% and a negative net margin of 3.57%. As a group, equities research analysts forecast that NGL Energy Partners LP will post -0.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In other NGL Energy Partners news, CEO H Michael Krimbill acquired 15,000 shares of NGL Energy Partners stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average price of $4.49 per share, with a total value of $67,350.00. Following the completion of the purchase, the chief executive officer now directly owns 603,000 shares of the company’s stock, valued at approximately $2,707,470. This represents a 2.55 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Analysts Set New Price Targets

Separately, StockNews.com upgraded NGL Energy Partners from a “hold” rating to a “buy” rating in a report on Monday, March 3rd.

Institutional Investors Weigh In On NGL Energy Partners

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. XTX Topco Ltd bought a new position in NGL Energy Partners in the 3rd quarter worth about $46,000. Wealth Enhancement Advisory Services LLC purchased a new position in NGL Energy Partners during the 3rd quarter worth $46,000. Raymond James Financial Inc. bought a new stake in NGL Energy Partners during the 4th quarter valued at $55,000. one8zero8 LLC purchased a new stake in shares of NGL Energy Partners in the 4th quarter worth $58,000. Finally, Two Sigma Securities LLC bought a new position in shares of NGL Energy Partners during the 4th quarter worth $59,000. Institutional investors own 40.62% of the company’s stock.

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.