Simplex Trading adds NGL Energy Partners LP (NGL) to its portfolio

NGL Energy Partners LP (NGL) : Simplex Trading added new position in NGL Energy Partners LP during the most recent quarter end. The investment management firm now holds 13,631 shares of NGL Energy Partners LP which is valued at $259,671 , the company said in a statement filed on Oct 7, 2016 with the SEC.NGL Energy Partners LP makes up approximately 0.03% of Simplex Trading’s portfolio.

NGL Energy Partners LP opened for trading at $18.99 and hit $19.2 on the upside on Friday, eventually ending the session at $19.05, with a gain of 0.69% or 0.13 points. The heightened volatility saw the trading volume jump to 3,48,089 shares. Company has a market cap of $2,010 M.

Many Wall Street Analysts have commented on NGL Energy Partners LP. FBR Capital Initiated NGL Energy Partners LP on Sep 9, 2016 to “Mkt Perform”, Price Target of the shares are set at $21.

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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