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FBR & Co. issued a report on NGL Energy Partners (NYSE:NGL), scaling down its target to $19.00 earlier today

Having a price of $12.25, NGL Energy Partners (NYSE:NGL) traded 2.59% higher on the day. With the last close down -13.33% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. NGL Energy Partners has recorded a 50-day average of $10.37 and a two hundred day average of $13.73. Volume of trade was down over the average, with 0 shares of NGL changing hands under the typical 1,357,540

FBR & Co. lowered the target price of NGL Energy Partners (NYSE:NGL) to $19.00 stating a potential upside of 0.55%.

Performance Chart

NGL Energy Partners (NYSE:NGL)

With a total market value of $0, NGL Energy Partners has with a one year low of $8.57 and a one year high of $25.80 .

A total of 8 brokerages have issued a report on the stock. 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $16.00.

More About NGL Energy Partners (NYSE:NGL)

NGL Energy Partners LP owns and operates a vertically integrated energy business. The Company's segments are crude oil logistics, water solutions, liquids, retail propane, refined products and renewables, and corporate and other. Its crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations. Its water solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. Its liquids segment supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants throughout the United States and in Canada. Its retail propane segment consists of the retail marketing, and sale and distribution of propane and distillates, among others. The Company's refined products and renewables segment is engaged in gasoline, diesel, ethanol and biodiesel marketing operations.

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