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NGL Energy Partners Has Fallen 16% in 2018: What’s Next?

Ruth King
NGL Energy Partners Has Fallen 16% in 2018: What’s Next?

NGL Energy Partners (NGL) is trading at a yield of ~12.2%. The fall in NGL stock has pushed its yield higher. In the quarter that ended December 31, 2017, NGL Energy Partners completed the sale of its 50% interest in Glass Mountain Pipeline for $300 million.