TULSA, Okla., February 08, 2024–(BUSINESS WIRE)–NGL Energy Partners LP (NYSE:NGL) (“NGL,” “we,” “us,” “our,” or the “Partnership”) today reported its third quarter Fiscal 2024 financial results. Highlights include:
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Net income for the third quarter of Fiscal 2024 of $45.8 million, compared to net income of $59.0 million for the third quarter of Fiscal 2023 which included income of $29.5 million from the settlement of a dispute
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Adjusted EBITDA(1) for the third quarter of Fiscal 2024 of $151.7 million, compared to $193.3 million for the third quarter of Fiscal 2023
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Total leverage at the end of the quarter was 4.26 times, versus 5.28 times at the end of the third quarter of Fiscal 2023
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On December 6, 2023, we announced an open season for the Grand Mesa Pipeline. This open season ended at the close of business on January 5, 2024, and resulted in a new shipper with a five-year minimum volume…
