NGL Energy Partners (NGL) Misses Q2 EPS by 34c

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Go back to NGL Energy Partners (NGL) Misses Q2 EPS by 34c

NGL Energy Partners LP Announces Second Quarter Fiscal 2016 Results

November 9, 2015 4:40 PM EST

TULSA, Okla.--(BUSINESS WIRE)-- NGL Energy Partners LP (NYSE: NGL) today reported Adjusted EBITDA of $67.6 million for the three months ended September 30, 2015 (exclusive of $0.6 million of advisory and legal costs related to acquisitions) compared to Adjusted EBITDA of $70.4 million for the three months ended September 30, 2014 (exclusive of $3.2 million of advisory and legal costs related to acquisitions and $5.0 million of severance/compensation costs related to the Gavilon and TransMontaigne acquisitions). NGL reported a net loss of $24.2 million for the three months ended September 30, 2015, compared to a net loss of $15.9 million for the three months ended... More