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