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NGL Energy Partners LP (NGL) [hlAlert]

Rating:
Hold NGL
up 28.34 %

NGL Energy Partners LP (NGL) downgraded to Hold by Stifel

Posted on: Tuesday,  Jan 12, 2016  8:25 AM ET by Stifel

Stifel rated Hold NGL Energy Partners LP (NYSE: NGL) on 01/12/2016. Previously Stifel rated Buy NGL Energy Partners LP (NYSE: NGL) on
12/14/2015., when the stock price was $9.63. Since then, NGL Energy Partners LP has gained 28.35% as of 01/12/2016's recent price of $12.36.
If you would have followed the previous Stifel's recommendation on NGL, you would have gained 28.34% of your investment in 29 days.

NGL Energy Partners LP is a limited partnership company formed to own and operate a vertically-integrated propane business. The Company operates in three segments: retail propane; wholesale supply and marketing; and midstream. Its retail propane business sells propane to end users consisting of residential, agricultural, commercial and industrial customers. The Company?s wholesale supply and marketing business supplies propane and other natural gas liquids and provides related storage to retailers, wholesalers and refiners. Its midstream business, which consists of its propane terminaling business, takes delivery of propane from pipelines or trucks at its propane terminals and transfers the propane to third-party transport trucks for delivery to retailers, wholesalers or other consumers. On October 14, 2010, it executed a series of transactions (the Combination) with NGL Supply, Inc. (NGL Supply).

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2016 8:25 AM Hold
None
12.36
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2015 8:25 AM Buy
None
9.63 16.00

(*) Stock Price at the time of the recommendation.
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