NGL Energy Partners (NGL) Tops Q4 EPS by 23c

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Go back to NGL Energy Partners (NGL) Tops Q4 EPS by 23c

NGL Energy Partners LP Announces Fourth Quarter and Fiscal 2018 Financial Results and Initiates Fiscal 2019 Guidance

May 30, 2018 4:30 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- NGL Energy Partners LP (NYSE: NGL) (NGL, our, we, or the Partnership) today reported net income for the quarter ended March 31, 2018 of $110.9 million, including an $89.3 million gain on the sale of a portion of our Retail Propane segment, compared to net income for the quarter ended March 31, 2017 of $26.5 million. The Partnership reported a net loss for Fiscal 2018 of $69.6 million. NGL also announced earlier today that it has signed a definitive agreement to sell its remaining Retail Propane business to Superior Plus Corp. (Superior) (TSX: SPB) for $900... More