NGL Energy Partners LP - Company Profile
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NGL Energy Partners LP (NGL) is a midstream energy company. It provides a wide range of services, including storage, transportation, blending, and marketing of crude oil, natural gas liquids, and refined products. The company purchases crude oil from various producers; and transports it to refineries or for resale at storage terminals, pipeline injection points, rail facilities, barge loading facilities, refineries, and other trade hubs. It transports crude oil by its trucks and trailers, railcars and leased railcars. It also provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production; and the disposal of solids such as tank bottoms and drilling fluids. NGL is headquartered in Tulsa, Oklahoma, the US.
NGL Energy Partners LP premium industry data and analytics
Products and Services
| Services |
|---|
| Wastewater Treatment and Disposal |
| Natural Gas Liquids Storage, Marketing and Supply |
| Crude Oil Storage, Marketing and Distribution |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Asset Disposal | In May, the company sold its 18 propane terminals to Alliance Energy Services, a provider of midstream services. |
| 2024 | Corporate Changes/Expansions | In January, the company increased the capacity of its Lea County Express Pipeline System from 140,000 to 340,000 barrels of water per day. |
| 2020 | Contracts/Agreements | In December, the company’s subsidiary Grand Mesa Pipeline, LLC entered into a settlement agreement with Extraction Oil and Gas, Inc |
Competitor Comparison
| Key Parameters | NGL Energy Partners LP | Cheniere Energy Inc | MPLX LP | Ferrellgas Partners LP | Phillips 66 Partners LP |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Tulsa | Houston | Findlay | Liberty | Houston |
| State/Province | Oklahoma | Texas | Ohio | Missouri | Texas |
| No. of Employees | 569 | 1,717 | 5,560 | 3,990 | 600 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| H. Michael Krimbill | Chief Executive Officer; Director | Executive Board | 2010 | 71 |
| Bradley P. Cooper | Chief Financial Officer; Executive Vice President | Senior Management | 2023 | 49 |
| Lawrence J. Thuillier | Chief Accounting Officer | Senior Management | 2016 | 54 |
| Jennifer L. Kingham | Chief Information Officer; Executive Vice President | Senior Management | 2024 | 53 |
| Ryan L. Collins | General Counsel; Secretary; Senior Vice President | Senior Management | 2024 | 39 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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