NGL Energy Partners (NGL) Reports Q4 Loss of $2.05/sh

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NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2024 Financial Results; Guidance for Fiscal 2025

June 6, 2024 4:33 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- NGL Energy Partners LP (NYSE: NGL) (NGL, we, us, our, or the Partnership) today reported its fourth quarter and full year fiscal 2024 results.

Highlights for the fiscal year and quarter ended March 31, 2024 include:

A net loss for full year Fiscal 2024 of $143.1 million, compared to net income of $52.5 million for full year Fiscal 2023; a net loss for the fourth quarter of Fiscal 2024 of $236.7 million, compared to a net loss of $33.2 million for the fourth quarter of Fiscal 2023. The fourth quarter of Fiscal 2024 includes a loss from the impairment of... More