NGL Energy Partners LP Announces Fourth Quarter and Record Full Year Fiscal 2020 Financial Results
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NGL Energy Partners (NGL) Reports Q4 Loss of $1.89, Revenues Miss
June 1, 2020 5:22 PM EDTNGL Energy Partners (NYSE: NGL) reported Q4 EPS of ($1.89), versus $0.31 reported last year. Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.86 billion.
Highlights for the quarter and fiscal year ended March 31, 2020 include:
Loss from continuing operations for the quarter ended March 31, 2020 of $223.0 million, including a non-cash goodwill impairment charge of $250.0 million in our Water Solutions segment as a result of the current macroeconomic environment, and a loss from continuing operations of... More