Wednesday, December 24, 2025
NGL Energy Partners Makes $300 Million Divestiture - Oil & Gas 360

NGL Energy Partners Makes $300 Million Divestiture

By Tyler Losier, Energy Reporter, Oil & Gas 360 NGL Energy Partners sells TransMontaigne Product Services for $300 million NGL Energy Partners LP (stock ticker: NGL), a vertically integrated midstream company, has signed a definitive agreement to sell TransMontaigne Product Services and its associated assets to an undisclosed buyer for approximately $300 million. Proceeds from the transaction will be used

NGL Energy Partners Adds Water Sources for Oil & Gas Operators in the Permian

Price for New Mexican water: $93 million NGL Energy Partners LP (ticker: NGL) has purchased another Permian Basin ranch, adding 9.6 million barrels of annual fresh water rights to its Permian Basin water portfolio. NGL said it bought the 36,000-acre Beckham Ranch, which sits atop the Carlsbad, Capitan, and Jal Water Basins located in southeastern Lea County. In July NGL bought the McCloy Ranch, located in Eddy and Lea Counties, New

NGL Energy Partners Sells Remainder of Retail Propane Business for $900 Million

NGL Energy Partners LP (NYSE:NGL) today announced that it has closed the previously announced transaction to sell the remainder of its Retail Propane business to Superior Plus Corp. (TSX:SPB) for $900 million in cash proceeds, adjusted for working capital. In May 2018, NGL announced its strategic decision to completely exit the Retail Propane business and re-deploy capital at a comparatively