NGL Energy Partners (NGL) Misses Q3 EPS by 23c, Revenues Miss
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NGL Energy Partners LP Announces Record Third Quarter Fiscal 2020 Financial Results
February 6, 2020 6:30 AM ESTTULSA, Okla.--(BUSINESS WIRE)-- NGL Energy Partners LP (NYSE: NGL) (NGL, our, we, or the Partnership) today reported income from continuing operations for the quarter ended December 31, 2019 of $49.1 million, compared to income from continuing operations of $97.2 million for the quarter ended December 31, 2018. For the nine months ended December 31, 2019, the Partnership reported income from continuing operations of $42.5 million, compared to a loss from continuing operations of $137.3 million for the nine months ended December 31, 2018.
Our transformation to a simpler business model with improved predictability of cash flows and reduced volatility in earnings is substantially complete, stated Mike Krimbill,... More
