NGL to da moon (well, maybe to $10?)!! Message Board

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

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To: FIFO_kid2 who wrote (118)	9/2/2025 1:17:43 PM
From: Elroy	Read Replies (2) of 126

NGL didn't buy $108 million of common units in Q2. Their authorization is only $50m, and they didn't exhaust it. Today there is a news release by oil production company PROP. They are using the Grand Mesa pipeline for oil transport. That may be why NGL is doing well today. We'll see if fundamentals are strong or not when they report. NGL is far from paying a distributions as far as I can tell, so I don't know what moves the stock price up or down in the meantime. I only own the preferred stock (not the common) at the moment.

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