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Ngl Energy Partners Lp shares rise 1.89% after-hours as Mach Natural Resources LP acquires oil and gas assets.
ByAinvest
Thursday, Jul 10, 2025 4:58 pm ET1min read
Ngl Energy Partners Lp rose 1.89% in after-hours trading, with Mach Natural Resources LP (NYSE:MNR) announcing two significant acquisitions. The company agreed to acquire Certain Oil and Gas Assets of Sabinal Energy, LLC for $500 million and entities owning oil and gas assets managed by IKAV Energy Inc. for approximately $790 million. These transactions are expected to close during the third quarter of 2025, with a combined consideration of approximately $1.3 billion.
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