NGL Energy Partners (NGL) Posts Mixed Q3 Results

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NGL Energy Partners LP Announces Second Quarter Fiscal 2017 Results

November 4, 2016 7:00 AM EDT

Revenue for the second quarter of Fiscal 2017 totaled $3.05 billion; Operating loss of $35.8 million, compared to operating income of $18.3 million during the second quarter of Fiscal 2016 Adjusted EBITDA for the second quarter of Fiscal 2017 was $75.4 million, compared to Adjusted EBITDA of $67.6 million for the second quarter of Fiscal 2016 Distributable Cash Flow for the second quarter of Fiscal 2017 was $39.3 million Grand Mesa Pipeline is fully operational as of November 1, 2016 Growth capital expenditures and other investments totaled approximately $150 million during the second... More