Ngl Energy Partners Lp (NGL) Files Form 4 Insider Selling : Shawn W Coady Sells 13,070 Shares

Ngl Energy Partners Lp (NGL): Shawn W Coady , President, Retail Division of Ngl Energy Partners Lp sold 13,070 shares on Jul 6, 2016. The Insider selling transaction was reported by the company on Jul 8, 2016 to the Securities and Exchange Commission. The shares were sold at $18.47 per share for a total value of $241,402.91 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 8, 2016, Robert W Iii Karlovich (CFO, Executive Vice President) sold 10,680 shares at $18.47 per share price.On Jul 8, 2016, Lawrence J. Thuillier (Chief Accounting Officer) sold 4,256 shares at $18.47 per share price.Also, On Mar 17, 2016, H Michael Krimbill (CEO) purchased 100,000 shares at $6.66 per share price.On Mar 14, 2016, James M Collingsworth (director) purchased 12,500 shares at $6.98 per share price.

Shares of NGL Energy Partners LP (NGL) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.78 points or -3.92% at $19.13 with 6,57,394 shares getting traded. Post opening the session at $19.52, the shares hit an intraday low of $18.59 and an intraday high of $19.78 and the price vacillated in this range throughout the day. The company has a market cap of $1,993 M and the number of outstanding shares has been calculated to be 10,41,69,573 shares. The 52-week high of NGL Energy Partners LP is $30.96 and the 52-week low is $5.57.

NGL Energy Partners LP Money Flow Index Chart

Company has been under the radar of several Street Analysts.NGL Energy Partners LP is Upgraded by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 20 from a previous price target of $13 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Jun 13, 2016.NGL Energy Partners LP is Upgraded by Stifel to Buy and the brokerage firm has set the Price Target at $18. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Jun 3, 2016.NGL Energy Partners LP is Upgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Apr 22, 2016.

NGL Energy Partners LP is a limited partnership company that is a vertically-integrated service provider. The Company operates through the following segments: Crude oil logistics which purchases crude oil from producers and transports it for resale at owned and leased pipeline injection stations storage terminals barge loading facilities rail facilities refineries and other trade hubs; the water solutions segment which includes water treatment and disposal facilities; the liquids segment which purchases propane butane and other products from refiners processing plants producers and other parties and sells the products to retailers refiners petrochemical plants and other participants in the wholesale markets; the retail propane segment which is engaged in the retail marketing sale and distribution of propane and distillates; the refined products and renewables segment which conducts gasoline diesel ethanol and biodiesel marketing operations and corporate and other.

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