NGL Preferred: Yields Way Too High, Opportunity In Common Units But Higher Risk
NGL Energy Partners LP(NGL) Seeking Alpha·2024-11-16 02:05
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 ...