Ngl Energy Partners Lp (NGL): James J Burke , President of Ngl Energy Partners Lp sold 13,070 shares on Jul 7, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $18.31 per share for a total value of $239,311.70 , 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, Vincent J Osterman (President, Eastern Retail OP) sold 13,486 shares at $18.47 per share price.On Jul 8, 2016, Shawn W Coady (President, Retail Division) sold 13,070 shares at $18.47 per share price.Also, 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.
NGL Energy Partners LP: On Friday, Jul 8, 2016 heightened volatility was witnessed in NGL Energy Partners LP which led to swings in the share price. The shares opened for trading at $18.55 and hit $18.728 on the upside , eventually ending the session at $18.58, with a gain of 2.03% or 0.37 points. The heightened volatility saw the trading volume jump to 5,87,659 shares. The 52-week high of the share price is $30.66 and the company has a market cap of $1,935 M . The 52-week low of the share price is at $5.57.
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.