<a href="https://laohu8.com/S/NGL">NGL Energy Partners LP</a> Reports $39.4 Million Net Income for Fiscal Year, Rebounding from Previous Year's Loss
NGL Energy Partners LP has reported its financial results for the year ended March 31, 2025. The company recorded a net income attributable to NGL Energy Partners LP of $39.4 million, compared to a net loss of $143.8 million in the previous year. This improvement contrasts with the net income of $51.4 million reported for the year ended March 31, 2023. The EBITDA for the year was $568.0 million, up from $394.9 million in 2024, but down from $600.7 million in 2023. The company highlighted that its financial performance is affected by factors such as commodity price volatility, demand fluctuations, and various transactions, including acquisitions and dispositions. Additionally, recent developments in seismic activity related to the subsurface injection of produced water for disposal in Texas and New Mexico were noted as an operational consideration. The company did not provide specific guidance for the upcoming fiscal year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NGL Energy Partners LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001504461-25-000014), on May 29, 2025, and is solely responsible for the information contained therein.
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