NGL prepares to release 4Q earnings report

After a third quarter 2019 report showing a large jump in earnings, shareholders in Tulsa-based NGL Energy Partners LP await the fourth quarter report.

The company says it will issue the fiscal fourth quarter report that ended March 31, 2019 next week. The report will be released Thursday, May 30 and members of NGL’s management team will hold an earnings call at 10 a.m. Central Time.

In February, the company released its third quarter earnings report showing it doubled its net income at $110.5 million compared to the $56.8 million in net income at the end of 2017.

Adjusted earnings for the third quarter were $132.6 million which was about $10 million more than a year earlier. The company’s adjusted earnings for the fiscal 2019 year-to-date were $308.3 million.

 

 

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