NGL
NGL Energy PartnersยทNYSE
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NGL Profile
Ngl Energy Partners Lp
A diversified midstream energy company that offers liquids and refined products business serves customers in the US and Canada
Oil, natural gas and consumer fuels
09/08/2010
05/12/2011
New York Stock Exchange
569
03-31
Common stock
6120 South Yale Avenue
, Suite 1300
, Tulsa
, Oklahoma 74136
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NGL Energy Partners LP is a Delaware limited partnership formed on September 8, 2010. As part of the company's composition, the company acquired and merged the assets and businesses of LNG suppliers. In 1967, it mainly focused on wholesale propane and term business. In 1940, it established Hick Gas Company, which mainly focused on retail propane business. In the follow-up, for the formation of the company, the company greatly expanded the company's business through numerous business mergers. The four main divisions owned and operated by the company and its subsidiaries are summarized as follows: the company's crude oil logistics division buys crude oil from producers, transports it for resale at pipeline injection points, storage terminals, barge loading facilities, rail facilities, refineries and other trading centers. The Company's Water Services segment generates revenue from the collection, transportation, treatment, and treatment of wastewater from oil and gas production processes, and the sale of recycled water and hydrocarbons. The Company's natural gas liquid logistics division buys propane, butane and other LNG produced by refineries, processing plants and producers and sells their products to retailers, refineries and wholesale markets with other participants. The company's natural gas liquid logistics department has 19 terminals, rented underground storage warehouses, and operated leased rail car dedicated lines. The Company's propane retail division sells propane, distillates and residential equipment and supplies to agricultural, commercial and industrial users.
