NGL Energy Partners LP completed its Wholesale Propane Disposition on April 30, 2025. This transaction is a component of the partnership's ongoing strategy to divest non-core assets.
The completion of this disposition is expected to contribute to lower expenses and improved margins within the Liquids Logistics segment. This aligns with NGL's strategic objective of reducing volatility and enhancing its capital structure.
This divestiture represents a further step in NGL Energy Partners' transformation, allowing the partnership to streamline operations and concentrate on its core, fee-based Water Solutions business.
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