financetom
Business
financetom
/
Business
/
NGL Energy Partners Completes Sale of New Mexico Ranches
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NGL Energy Partners Completes Sale of New Mexico Ranches
Apr 5, 2024 10:46 AM

01:26 PM EDT, 04/05/2024 (MT Newswires) -- NGL Energy Partners ( NGL ) said Friday it has completed the sale of its North and South Ranches in New Mexico with a combined area of 122,250 acres, resulting in proceeds of roughly $70 million.

The midstream energy company said with the sale it has surpassed the $150 million asset sale guidance for 2024.

NGL Energy Partners ( NGL ) shares were up more than 2% in recent trading.

Price: 5.88, Change: +0.13, Percent Change: +2.27

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved