Large Inflow of Money Witnessed in NGL ENERGY PARTNERS LP

NGL ENERGY PARTNERS LP (NYSE:NGL) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.44. The total value of inflow transactions on upticks was $5.3 million, whereas, the total value of outflow trades on downticks was $3.67 million. The total money flow was $1.63 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.1 million. The total value of the trades done on upticks was $1.1 million. NGL ENERGY PARTNERS LP (NYSE:NGL) was trading with a -1.02% change over previous days close. It fell $0.2 during the day and reached $19.34. The stock was 2.49% compared to the previous weeks close.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Ngl Energy Partners Lp, Krimbill H Michael, had purchased 100,000 shares in a transaction dated on March 15, 2016. The transaction was executed at $6.66 per share with total amount equaling $666,000. Institutional Investors own 53.04% of NGL ENERGY PARTNERS LP shares. During last six month period, the net percent change held by insiders has seen a change of 33.78%.

The company shares have dropped -35.17% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $31.31 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $16.36 and the 200 Day Moving Average price is recorded at $11.26. NGL ENERGY PARTNERS LP (NYSE:NGL): The stock opened at $19.55 on Wednesday but the bulls could not build on the opening and the stock topped out at $20.06 for the day. The stock traded down to $19.06 during the day, due to lack of any buying support eventually closed down at $19.34 with a loss of -1.02% for the day. The stock had closed at $19.54 on the previous day. The total traded volume was 939,893 shares.

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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