NGL Energy: Divergence

Sep. 25, 2022 5:18 AM ETNGL Energy Partners LP (NGL), NGL.PB, NGL.PC56 Comments

Summary

  • On our last coverage, we gave NGL Energy common and preferred shares a "Strong Sell".
  • We have seen a divergence in the performance between the common shares and the preferred.
  • We are also seeing the odds increase a bit that NGL Energy might make it a little while longer.
  • We give you the updated trade.
  • I do much more than just articles at Conservative Income Portfolio: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Rock bottom is the limit

trait2lumiere

When we last covered NGL Energy Partners LP (NYSE:NGL) we gave our Strong Sell to the common and the preferred shares. In our defense, our hands were tied. "Get Out Of Dodge" is still not one of the choices available at

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Pain Ahead, Sell Common And Preferreds

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Seeking Alpha

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Seeking Alpha

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NGL Presentation

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NGL 10-Q

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NGL Presentation

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FINRA June 5, 2022

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FINRA Sep 24, 2022

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