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Morning Market Movers: SLAB, CIGL, FEED, ENPH See Big Swings
RTTNews· 2026-02-04 13:09
At 7:55 a.m. ET on Wednesday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversals, or sharp price swings. These early moves often indicate where momentum may carry into the regular session, making premarket analysis a key part of the trading day.In the Green - Premarket GainersThe following stocks are trading hi ...
NGL Energy Partners LP(NGL) - 2026 Q3 - Earnings Call Transcript
2026-02-03 23:02
NGL Energy Partners (NYSE:NGL) Q3 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsBrad Cooper - CFODoug White - Executive VPH. Michael Krimbill - CEOConference Call ParticipantsDerrick Whitfield - Managing Director and Senior Energy AnalystNevin Mathew - AnalystOperatorGreetings. Welcome to NGL Energy Partners 3Q 2026 earnings call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operat ...
NGL Energy Partners LP(NGL) - 2026 Q3 - Earnings Call Transcript
2026-02-03 23:02
Financial Data and Key Metrics Changes - Adjusted EBITDA from continuing operations for the quarter was $172.5 million, a 9.2% increase from $158 million a year ago [2] - Operating expenses for the quarter were $0.18 per barrel due to non-recurring expense reductions [6] - Full-year EBITDA guidance remains in the range of $650 million to $660 million [4] Business Line Data and Key Metrics Changes - Water Solutions segment generated Adjusted EBITDA of $154.5 million, up 16.5% from $132.7 million in the prior year [5] - Physical disposal volume reached a record of approximately 3.07 million barrels per day, an increase of 17.1% from 2.6 million barrels per day in the prior year [5] - Crude Oil Logistics Adjusted EBITDA was $15.4 million, down from $17.3 million in the prior year [6] - Liquids Logistics Adjusted EBITDA was $15.2 million, down from $18.6 million in the prior year [7] Market Data and Key Metrics Changes - The company achieved a record daily disposal volume of approximately 3.5 million barrels on January 16 [9] - The Grand Mesa Pipeline physical volumes averaged approximately 85,000 barrels per day, up from 61,000 barrels per day in the prior year [6] Company Strategy and Development Direction - The company is transitioning towards a predominantly water solutions business, shedding non-water assets to improve cash flow consistency [12] - Capital allocation priorities include financing internal growth projects and redeeming Class D preferred units [13] - The company is pursuing large-scale produced water treatment strategies, including a partnership with Natura Resources for thermal desalination technology [10][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of growth projects despite crude price volatility, noting that long-term volume commitments remain firm [18] - The company anticipates a strong start to fiscal 2027, projecting to exceed $700 million of EBITDA for the first time [5] - Management highlighted the importance of AI and machine learning in improving operational efficiencies and reducing expenses [10][27] Other Important Information - The company has redeemed approximately 15% of the original Class D preferred units and repurchased about 7% of outstanding common units [3][14] - The company is focused on eliminating dilution of common equity, having reduced it by approximately 25% [14] Q&A Session Summary Question: Can you speak to the firmness of the growth projects given the volatility in crude prices? - Management indicated that completed projects come with long-term volume commitments, which remain financially firm despite fluctuations in oil prices [18][19] Question: How would you characterize the water treatment opportunity in volume and values? - Management emphasized the importance of produced water volumes and available energy sources for economic-scale desalination projects, highlighting the MOU with Natura [21][22] Question: What is the current CapEx obligation for the water treatment project? - Management stated that there is no immediate CapEx demand from NGL for the nuclear side of the project, and the CapEx forecast remains unchanged [23] Question: Can you speak to the value recovered from AI and machine learning initiatives? - Management noted improvements in operational expenses and efficiencies but refrained from quantifying the exact dollar amount or percentage of value recovered at this time [25][27]
NGL Energy Partners LP(NGL) - 2026 Q3 - Earnings Call Transcript
2026-02-03 23:00
NGL Energy Partners (NYSE:NGL) Q3 2026 Earnings call February 03, 2026 05:00 PM ET Speaker5Greetings. Welcome to NGL Energy Partners 3Q26 earnings call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to your host, Brad Cooper, CFO at ...
NGL Energy Partners LP(NGL) - 2026 Q3 - Earnings Call Presentation
2026-02-03 22:00
Crude Oil Logistics 84% 8% 8% $15.36MM Investor Presentation February 2026 NYSE: NGL Company Overview Water Solutions 84% 8% 8% $15.20MM 1. EBITDA values reflect Q3 Fiscal 2026 and does not include corporate or discontinued operations 2 84% 8% 8% Logistics NGL Total EBITDA by Segment $185.06 MM(1) $154.50 MM ▪ Provides water transportation, treating, recycling, and handling services for upstream customers ▪ Largest integrated water solutions network of injection wells and large diameter pipe in the Delaware ...
NGL Energy Partners LP Announces Third Quarter Fiscal 2026 Financial Results
Businesswire· 2026-02-03 21:31
NGL Energy Partners LP Announces Third Quarter Fiscal 2026 Financial ResultsFeb 3, 2026 4:31 PM Eastern Standard Time# NGL Energy Partners LP Announces Third Quarter Fiscal 2026 Financial ResultsShare--- TULSA, Okla.--([BUSINESS WIRE])--NGL Energy Partners LP (NYSE:NGL) ("NGL,†"we,†"us,†"our,†or the "Partnership†) today reported its third quarter Fiscal 2026 financial results. Highlights include:Financial Results:- Adjusted EBITDA from continuing operations(1) for the third quarter of Fiscal 2026 of $17 ...
Natura Resources Partners with NGL Energy Partners to Enable Large-Scale Produced Water Treatment with Small Modular Nuclear Reactors in the Permian Basin
Prnewswire· 2026-02-03 12:38
Core Insights - Natura Resources LLC has signed an agreement with NGL Water Solutions Permian LLC to integrate advanced molten-salt nuclear reactor technology with thermal desalination for power production and produced water treatment [1][2][3] Company Overview - Natura Resources is a leading developer of advanced small modular reactors, focusing on reliable energy, medical isotopes, and clean water [8] - The company has secured over $120 million in private funding and a commitment of $120 million from the State of Texas [8] Collaboration Details - The collaboration aims to combine Natura's 100-megawatt molten salt reactor with NGL's expertise in produced water treatment and desalination [2][3] - The partnership will utilize NGL's Texas Pollutant Discharge Elimination System (TPDES) permit to create a flexible and economic solution for power generation and water sourcing [2] Industry Context - The Permian Basin produces over 20 million barrels of produced water daily, highlighting the need for effective management and treatment solutions [4] - The collaboration addresses the growing challenge of produced water management in oil and gas regions, providing a scalable alternative to traditional disposal methods [4] Technological Advantages - Natura's molten-salt reactor technology features modular construction, a smaller footprint, and reduced water requirements, making it suitable for integration with thermal desalination [5] - The reactor operates at atmospheric pressure, enhancing safety and enabling the use of various fuels, including recycled nuclear fuel [5] Regulatory Milestones - The U.S. Department of Energy estimates that Natura's MSR-1 will be the first Generation IV reactor deployed in the U.S., with a construction permit issued in September 2024 for a 1-megawatt reactor [6] - The company plans to deploy its first 100-megawatt commercial-scale reactor by 2029 [6]
NGL Energy Partners (NGL) Moves 8.8% Higher: Will This Strength Last?
ZACKS· 2026-01-27 15:56
NGL Energy Partners LP (NGL) shares ended the last trading session 8.8% higher at $11.1. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 8.6% gain over the past four weeks.The surge can be attributed to NGL Energy Partners strong foothold in diversified midstream operations and an expected improvement in demand for crude products in the United States. NGL Energy Partners LP, a diversified midstream energy partnersh ...
DigitalBridge Group, Eightco Holdings, Palisade Bio And Other Big Stocks Moving Higher On Monday - Autolus Therapeutics (NASDAQ:AUTL), DigitalBridge Gr (NYSE:DBRG)
Benzinga· 2025-12-29 15:30
Group 1 - U.S. stocks experienced a decline, with the Nasdaq Composite dropping over 100 points on Monday [1] - DigitalBridge Group Inc announced its acquisition by SoftBank Group for an enterprise value of approximately $4.0 billion, resulting in a 9.9% increase in its shares to $15.30 [1] Group 2 - Eightco Holdings Inc shares surged 29.1% to $2.15 following the announcement of a share buyback program for up to $125 million [2] - Palisade Bio Inc saw an 18.6% increase to $2.55 after Piper Sandler initiated coverage with an Overweight rating and a price target of $25 [2] - Regencell Bioscience Holdings Ltd gained 16.3% to $24.60 [2] - Praxis Precision Medicines Inc surged 13% to $304.00 after receiving Breakthrough Therapy Designation from the FDA for ulixacaltamide [2] - Zura Bio Ltd increased by 13% to $5.26 [2] - Precigen Inc rose 8.6% to $4.52 [2] - Autolus Therapeutics PLC jumped 7.8% to $1.80, with Needham analyst raising the price target from $10 to $11 [2] - LightPath Technologies Inc gained 6.6% to $9.62 [2] - NGL Energy Partners LP surged 6.3% to $9.98 [2] - Six Flags Entertainment Corp increased by 5% to $15.64 [2]
NGL Energy Partners LP Announces Quarterly Cash Distribution for Class B, Class C, and Class D Preferred Units
Businesswire· 2025-12-16 21:35
Core Viewpoint - NGL Energy Partners LP has announced its quarterly cash distribution for Class B, Class C, and Class D preferred units, indicating a commitment to returning value to its investors [1] Group 1: Cash Distribution Details - The company has declared a cash distribution of $0.4375 per Class B preferred unit [1] - For Class C preferred units, the cash distribution is set at $0.515625 per unit [1] - Class D preferred units will receive a cash distribution of $0.515625 per unit as well [1]