NGL Energy Partners LP Announces First Quarter Fiscal 2021 Financial Results

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NGL Energy Partners (NGL) Misses Q1 EPS by 32c, Revenues Miss

August 10, 2020 4:49 PM EDT

NGL Energy Partners (NYSE: NGL) reported Q1 EPS of ($0.43), $0.32 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $844.42 million versus the consensus estimate of $1.25 billion.

Loss from continuing operations for the first quarter of Fiscal 2021 of $33.8 million, compared to income from continuing operations of $9.0 million for the first quarter of Fiscal 2020Adjusted EBITDA from continuing operations for the first quarter of Fiscal 2021 of $91.0 million, compared to $103.7 million for the first quarter of Fiscal 2020Results impacted by... More