NGL Energy Partners LP Announces Fourth Quarter and Fiscal 2019 Financial Results and Initiates Fiscal 2020 Guidance
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NGL Energy Partners (NGL) Misses Q4 EPS by 1c, Revenues Miss
May 30, 2019 6:41 AM EDTNGL Energy Partners (NYSE: NGL) reported Q4 EPS of $0.20, $0.01 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $5.14 billion versus the consensus estimate of $5.73 billion.
Adjusted EBITDA for the fourth quarter of Fiscal 2019 was $132.2 million, compared to $91.2 million for the fourth quarter of Fiscal 2018, which excludes $64.7 million in Adjusted EBITDA related to the discontinued operations of the Retail Propane business; Fiscal Year 2019 Adjusted EBITDA totaled $440.4 million, compared to $408.3 million in Fiscal 2018Fiscal 2019 Adjusted EBITDA does not... More