NGL Energy Partners LP (NGL) Options

"Tumbling US natural gas prices prove unstoppable, hurting producers"

"BRIDGEPORT, Texas, Feb 21 (Reuters) - For nearly a year, U.S. natural gas producers have slammed the brakes on production as prices fall. But relentless output gains including from oil companies that pump gas as an oil byproduct have unleashed record supplies.
In the oil versus gas contest, gas producers are losing out. Some are shutting in wells, canceling projects or selling themselves to rivals to avoid losses. Natural gas prices this month fell to an inflation-adjusted 30-year low of $1.59 per thousand cubic feet, benefiting consumers of the fuel like utilities, but hurting producers who are selling at nominal prices as low as they were in the depths of the COVID-19 downturn.

https://www.reuters.com/business/energy/tumbling-us-natural-gas-prices-prove-unstoppable-hurting-producers-2024-02-21/

That is a horrible and distasteful comment.

You continue to disrespect Jugs who died of cancer in his second round. It is obvious you have no soul, no sense of propriety; you lack taste and civility.

Trueheart

All-time low was $1.01. Predicting exact stock prices is something slobbering stock gamblers claim to do (and never accomplish). I was drawn to this dog because of the obvious shilling a few years ago.

BTW impossible to accurately make guesses due to NGL's high leverage and the wild, unpredictable prices for natural gas. (how does one predict weather years out, for example). Notice how this board died, along with Jugs.

Amazing how you called the absolute bottom! Just imagine if you bought at 1.13!

Even seekingalpha is now saying go long?

NGL Energy Partners: A Hold With Decent Potential
NGL Energy Partners LP's stock price has risen by over 380% in the last 12 months.

Hope many saw the forest for the trees here, another Class C felony score, congrats to all who did. Was a bit busy with family stuff now it's time to get the show on the road, buckle up many lovely tickers like wall flowers at a high school dance waiting for someone to notice them, well someone has...........things are coming, daddy's home. Peace Out

Anyone selling at this level is not smart.

I sold at 4.05 and reinvested at 3.96. Picked up an extra 50 shares!!!! Fingers crossed it hits 5/share soon

"I just invested! in this"

Why? The two pfd issues are certainly looking better.

I just invested! Im in this @ 3.8600 Lets go NGL!!!!

Monster going down. You've been warned

Monster going down. You've been warned

NGL...THE MONSTER OF MONSTERS

miswrite

I'm all for $3.47....what happened to $2.47?

NGL. Ready for 3.47

NGL to 2.47 next week

I think of you and your family often, especially in winter.

Things are really bad over here. We're on rolling black outs for two months straight now. we get 2 hours ON and 4-5 hours OFF.

three weeks ago, I updated my solar power plant to run my house invested in 15Kw storage battery and converted 20 of my 108 --- 350 watt panels to run my house. It was a 10K investment but now I have full time electric.

I keep my fingers crossed that Ukraine will prevail. I don't have the warm and fuzzies at the moment. At least I am in a section of the country that has remained untouched by the shelling and missile attacks.

Pretty ugly situation at the moment.

I'd make a terrible trader, just like all the other idiot, gambling addicted or naïve traders. How's it going?

End of December $1 now? So easy it should be illegal even after dipping back is $1.63 from $1.00 that is 63% ta ta. Felonies abound.

Well look at that! You called the absolute bottom--- You would make a great trader after all!

All-time low. $1.13.

What shares are you referring to? I own shares in about 17 individual stocks, several index funds and some old mutual funds from decades ago. Since I bought my first stocks decades ago I've always been what I consider pretty fully and prudently invested in quality stocks. Certainly have no penny stocks like NGL.

"Are you still holding onto your shares?"

Are you still holding onto your shares?

Trueheart

Another new low for NGL. $1.04 off 5.45%

Got enough of my own dips this week. You staying warm?

You buying the dip ? LOL

All-time low. $1.13. Tax loss selling playing some role too.

NGL Energy Partners press release (NYSE:NGL): Q2 GAAP EPS of -$0.21.

Revenue of $2B (+14.3% Y/Y).

Record produced water volumes processed of approximately 2.27 million barrels per day during the second quarter of Fiscal 2023, growing 28.7% from the same period in the prior year and 5.2% over the immediately preceding fiscal quarter

I bet even your dog doesn't like you.

Trueheart

"Buy Quality and diversify" © Bar1080

Twisting the knife is not virtuous or honorable.
Be a mensch, Bar.

Trueheart

A tidy look inside NGL's numbers. Notice the plummeting shareholders' equity and soaring Debt to Equity ratio. This data seems to be pretty current.

https://www.macrotrends.net/stocks/charts/NGL/ngl-energy-partners-lp/debt-equity-ratio

A tidy look inside NGL Notice the plummeting shareholders' equity and soaring Debt to Equity ratio. This data seems to be pretty current.

https://www.macrotrends.net/stocks/charts/NGL/ngl-energy-partners-lp/debt-equity-ratio

WTF does this have to do with NGL?

Trueheart

Consider too the flashy sucker yields on hi yield mREITs such as AGNC and ARR. AGNC is off 6.6% today and 38% YTD.

ARR is down 46% YTD and 10.2% today. Just about every ultra high yield investment is plummeting... so predictable given their leverage.

"Why Mortgage REITs Are Plunging"

* "Summary
* Prices are falling hard.
* Fear is a significant factor, but we also need to view the fundamentals."



https://seekingalpha.com/article/4543661-mortgage-reits-plunging

can you believe this is now trading at 1.24 ?

You buying.....

Rut Row.....

SA: "NGL Energy: Pain Ahead, Sell Common And Preferreds"

"Summary
* NGL Energy has failed to capitalize on the boom in the energy prices.

* Guidance was reduced once again and the credit markets are now closed off.

* A quick asset sale might help, but we see a restructuring as highly probable.

"A key reason here is that NGL is running out of time to pay back its debt and things are taking a turn for the worse. It did not help matters one bit either when NGL reduced the adjusted EBITDA estimates for the fiscal year. After Q2-2022, NGL had guided for $570-$600 million and a maintenance capex of $115 million."

A key reason here is that NGL is running out of time to pay back its debt and things are taking a turn for the worse. It did not help matters one bit either when NGL reduced the adjusted EBITDA estimates for the fiscal year. After Q2-2022, NGL had guided for $570-$600 million and a maintenance capex of $115 million

"We always knew this was the most likely path for NGL and it appears we are now getting into the final 18 months of this saga. We expect ultimately zero recovery for the common shares and zero recovery".

https://seekingalpha.com/article/4516569-ngl-energy-stock-pain-ahead-sell-common-and-preferreds

The dominant IHUB method can be stated thus: Find "story stocks" with superficial longshot potential, sink everything in a few of them, and hope...

Looks like the NGL gang has limped off.

GL in '22 to you and your daughter.

bar certainly you must understand this is IH and many people here put all their eggs into one basket making for a total wipe out ?

Happy new year and lets rock the stock market!

Don't you have any gains to offset your losses against?

2021 was one of the greatest years in stock market history. The S&P 500 rose 27% on a total return basis. And the market has been rising for the past decade. I have tons of gains from my diversified portfolio of blue chips (NGL isn't a blue chip. I've never owned it).

Start investing intelligently. Now. You should have been "harvesting" losses all along. $3,000, or more, every year.

https://www.fidelity.com/viewpoints/personal-finance/tax-loss-harvesting

well bar since I'm about to turn 72 and if I'm incorrect on this correct me. 3000 is all I can take in losses per year on my taxes I will have to live well into my hundreds before I recoup all the money lost on this stock...so I'm taking that each year and hoping for a turn around that probably will not happen...also I think if this company was worth anything it would have been taken over by a stronger company...just my thoughts ...Merry Christmas to all!!!

Not the best way to pick stocks, but you know that now.

Have you discussed with an investment professional the advantages of taking a tax loss in NGL before year end?

I see we are having our usual Christmas turkey...Merry Christmas. to us NGL bag of coal holders...

Nice! NGL continues higher

Nice to see NGL with a few positive days strung together....

Whats going on here? Sold some 2.5 Puts last month when this was trading at 1.70 for October expiration and collected .95 they are almost ITM with 21 days to go.

at this rate I won't even get assigned. It was the insider trades that got me to pull the trigger!

---Cheers

Projected sales for 2022 up 3%
And yoy so far up 76% !!
This will be $6. By April 2022.