NGL Energy Partners LP Announces First Quarter Fiscal 2020 Financial Results
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NGL Energy Partners (NGL) Reports Q1 Revenues Above Consensus; Maintains FY20 Adj. EBITDA Target
August 8, 2019 6:54 AM EDTNGL Energy Partners (NYSE: NGL) reported Q1 EPS of ($0.96), $0.89 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $6.64 billion versus the consensus estimate of $5.39 billion.
Highlights include:
Adjusted EBITDA for the first quarter of Fiscal 2020 was $86.8 million, which includes an $11.2 million loss related to our Refined Products and Renewables segment for the period, compared to $80.3 million for the first quarter of... More