Bryan Wagman
Long/short equity, value, growth at reasonable price, industrials

The Long Case For NGL Energy Partners

NGL Energy Parterns LP (NYSE:NGL) is involved in the propane business within the United States. Operations are divided into four segments: Crude Oil Logistics, Water Services, Natural Gas Liquids Logistics and Retail Propane. The company is headquartered in Tulsa, Oklahoma, and was founded many years ago in 1940. The company is currently led by CEO H. Michael Krimbill, who has over 20 years of experience as a leader in the propane industry. This seasoned executive has taken the company in the right direction in recent years.

As the chart featured below depicts, quarterly revenues experienced stagnant growth until the middle of 2012 when they skyrocketed and are currently showing no indications of slowing down.

NGL Revenue Quarterly data...

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