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NGL Energy Partners Completes Sale of New Mexico Ranches
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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

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