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Oil & Gas Refining & Marketing M&A image Oil & Gas Refining & Marketing M&A » By The Online Investor Staff, updated Fri., Apr. 26, 2:38 PM Recent mergers and acquisitions in the Oil & Gas Refining & Marketing M&A category.

Slide #20. NGL Energy Partners LP Keyera Energy Inc.'s Natural Gas Liquids Terminals

Acquirer: NGL Energy Partners LP (NYSE:NGL)
Acquiree: Keyera Energy Inc.'s Natural Gas Liquids Terminals
Details: NGL Energy Partners LP (NYSE:NGL) today announced that its wholly-owned subsidiary, NGL Supply Terminal Company, LLC, has completed an acquisition of natural gas liquid assets from Keyera Energy Inc., a Delaware corporation ("Keyera"). The acquired assets consist of four (4) rail to truck propane terminal facilities and related assets, located in Albuquerque, NM, Superior, MT, Shelton and Vancouver, WA. These terminals have a combined propane storage capacity of 640,000 gallons with the ability to throughput up to 100MM gallons annually.

NGL Energy Partners transports, treats, recycles and disposes of produced water as well as transports, stores, markets and provides other logistics services for crude oil and liquid hydrocarbons. Co.'s water solutions segment transports, treats, recycles and disposes of produced and flowback water generated from crude oil and natural gas production. Co.'s crude oil logistics segment purchases crude oil from producers and marketers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. Co.'s liquids logistics segment conducts supply operations for natural gas liquids.

Preferreds: NGL.PRB, NGL.PRC



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Company Name:  NGL Energy Partners LP
Stock buyback:  NGL buyback
Website:  www.nglenergypartners.com
Sector:  Oil & Gas Equipment & Services
Number of ETFs Holding NGL:  1
Total Market Value Held by ETFs:  $151570
Total Market Capitalization:  $769.00M
% of Market Cap. Held by ETFs:  0.02%
 

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April 26, 2024    2:38 PM Eastern
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Hold (2.00 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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