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Energy Transfer: Should Benefit From Rising Production, Growing NGL Demand
Seeking Alpha· 2025-01-17 22:18
Energy Transfer LP (NYSE: ET ) is one of the largest midstream master limited partnerships in the United States, boasting operations that stretch across much of the Central and Eastern parts of the country:At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not released at ...
Phillips 66 Makes An Intelligent Acquisition Of EPIC NGL
Seeking Alpha· 2025-01-13 01:49
Company Overview - Phillips 66 (NYSE: PSX) is a multinational energy company with a market value of nearly $50 billion [3] - The company recently announced a more than $2 billion acquisition to expand its midstream portfolio [3] Investment Strategy - The Value Portfolio specializes in building retirement portfolios using a fact-based research strategy [3] - The strategy includes extensive readings of 10Ks, analyst commentary, market reports, and investor presentations [3] - The portfolio manager invests real money in the stocks he recommends [3] Retirement Planning - The Retirement Forum provides actionable ideas, a high-yield safe retirement portfolio, and macroeconomic outlooks [1] - The forum aims to help individuals maximize their capital and income by searching the entire market for opportunities [1]
Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
ZACKS· 2025-01-07 20:16
Acquisition Overview - Phillips 66 (PSX) has announced a $2.2 billion all-cash acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which is expected to be immediately accretive to its EPS and strengthen its presence in the NGL market [1] Strategic Benefits - The acquisition will expand Phillips 66's Permian Basin NGL value chain and provide extensive flow assurance to producers, connecting key fractionation sites near Corpus Christi, Sweeny, and Mont Belvieu, TX [3] - The deal is expected to generate returns exceeding the company's hurdle rates, indicating strong financial confidence [4] EPIC NGL's Assets - EPIC NGL owns two fractionators with a capacity of 170,000 bpd near Corpus Christi, 350 miles of purity distribution pipelines, and an 885-mile NGL pipeline with a capacity of 175,000 bpd [5] - The pipeline assets connect production from the Delaware, Midland, and Eagle Ford basins to fractionation facilities and PSX's Sweeny Hub [5] Future Expansion Plans - EPIC NGL is expanding its pipeline capacity to 225,000 bpd, with a second expansion approved to reach 350,000 bpd, though this will not impact Phillips 66's 2025 capital program [6] - A third fractionation facility is planned, which could increase fractionation capacity to 280,000 bpd, enhancing connectivity to Gulf Coast refiners, petrochemical firms, and global export markets [7] Industry Context - TechnipFMC plc (FTI) has a growing backlog of $14.7 million in Q3 2024, up 11.1% YoY, indicating strong revenue growth potential [9] - Sunoco LP (SUN) is a major motor fuel distributor in the U.S., offering a distribution yield higher than the industry average, ensuring consistent returns for unitholders [10] - Oceaneering International (OII) provides integrated offshore oilfield technology solutions, supporting client retention and new business opportunities for steady revenue growth [11]
NGL Preferred: Yields Way Too High, Opportunity In Common Units But Higher Risk
Seeking Alpha· 2024-11-15 18:05
Members of Catalyst Hedge Investing had early access to this article. They have exclusive access to many other articles every month as well as an active chat board with regular updates on ideas and a best ideas portfolio.NGL ( NGL ) and (NYSE: NGL.PR.B ) reported a so-so second fiscal year quarter on November 13th. EBITDA came in at ~$147 million, which was below expectations, largely due to weakness in the liquids business.He leads the investing group Catalyst Hedge Investing , in which he shares his best ...
NGL Energy Partners LP(NGL) - 2025 Q2 - Earnings Call Transcript
2024-11-13 01:44
NGL Energy Partners LP Common Units. (NYSE:NGL) Q2 2025 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Brad Cooper - Executive Vice President and Chief Financial Officer, NGL Energy Partners LP Michael Krimbill - Chief Executive Officer, NGL Energy Partners LP David Sullivan - Vice President Finance, NGL Energy Partners LP Doug White - Executive Vice President, Water Solutions Conference Call Participants Ned Baramov - Wells Fargo Operator Greetings. Welcome to the NGL Energy Par ...
NGL Energy Partners LP(NGL) - 2024 Q3 - Quarterly Report
2024-11-12 21:20
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-35172 NGL Energy Partners LP (Exact Name of Registrant as Specified in Its Charter) ...
NGL Energy Partners: Distributions Might Not Return Until 2029 Or Later
Seeking Alpha· 2024-11-05 21:16
When the COVID-19 pandemic rocked global markets in 2020, NGL Energy Partners (NYSE: NGL ) found themselves unprepared with an unstable capital structure. Despite moving to suspend their common distributions in late 2020, by early 2021 theirI am no longer active, as I am taking a hiatus from finance to pursue business ventures in other sectors. I hope that my analysis was helpful to investors across the years, thank you.Analyst’s Disclosure: I/we have a beneficial long position in the shares of NGL.PR.B eit ...
NGL Preferred: 2 Reasons To Own The B Series Over The C Series
Seeking Alpha· 2024-10-09 08:44
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NGL: It's All About Water. Common And Preferred Units Still Buys
Seeking Alpha· 2024-08-13 04:56
J Studios/DigitalVision via Getty Images NGL First Quarter Earnings Review: NGL Partners (NYSE:NGL) reported an okay first quarter tonight (August 8th). Operationally, it looked similar to the Q4 report that I highlighted in my last public writeup on the company. Water dominated while crude oil logistics and liquids were marginal contributors. Part of this pattern is seasonal as fiscal Q1 and Q2 are the slowest quarters for liquids. The company also reaffirmed the guidance for both water and overall adjuste ...
NGL Energy Partners LP(NGL) - 2025 Q1 - Earnings Call Transcript
2024-08-09 21:19
NGL Energy Partners LP Common Units (NYSE:NGL) Q1 2025 Earnings Conference Call August 8, 2025 5:00 PM ET Company Participants Brad Cooper - Executive Vice President and Chief Financial Officer, NGL Energy Partners LP Michael Krimbill - Chief Executive Officer, NGL Energy Partners LP David Sullivan - Vice President Finance, NGL Energy Partners LP Conference Call Participants Sunil Sibal - Seaport Research Partners Patrick Fitzgerald - Baird Jason Mandel - RBC Capital Markets Operator Thank you for standing ...