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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!

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To: Elroy who wrote (110)4/30/2025 8:06:21 PM
From: Area51  Read Replies (3) of 126
 
I'm tempted to buy some NGL-B here. But Grok talked me out of it. But once Oil stops going down I think I might.

I asked Grok what the impact of $50 oil would be on NGL and it responded (I think too conservatively?):

A $50 oil price would likely significantly reduce NGL Energy Partners’ future earnings, with an estimated 16-21% EBITDA decline in 2025, driven by lower crude oil and NGL prices and potential volume reductions. |
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