SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy who wrote (72320)2/23/2023 4:34:38 PM
From: Elroy1 Recommendation

Recommended By
pak73

   of 78673
 
Ok, here's a spooky pick. Although it's high risk, it is definitely "deep value" as it was feared the partnership would go bust, and that pushed the unit price down to a single dollar in Q4 2022.

NGL - it's an MLP in the midstream energy business.

$9 billion in annual sales, market cap about $280 million. The fiscal year ends in March, and for March 2023 fiscal year they are expecting $630m in EBITDA, up from about $540m last year.

NGL Energy Partners LP Announces Redemption of 7.5% Senior Notes due 2023

finance.yahoo.com

If this partnership can stabilize their balance sheet the unit price is going to be closer to $10 than $2......it's worth putting on the radar. Any balance sheet experts, I'd love to read others' opinions......
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News