NGL Energy Partners LP

NGL Energy Partners LP is a US-based master limited partnership (MLP) operating within the energy sector. As an MLP, it's structured to pass income directly to investors, known as unitholders. The company's operations are divided into three main segments. Its Water Solutions division manages the large volumes of wastewater generated during oil and natural gas production, operating a network of pipelines and disposal facilities. The Crude Oil Logistics segment focuses on purchasing, transporting, and storing crude oil via its significant pipeline systems and terminals. Finally, the Liquids Logistics segment handles the supply operations for natural gas liquids (NGLs). By providing these essential midstream services — the link between energy production and end-users — NGL plays a key role in the North American energy infrastructure. An investment in an MLP may have different tax implications than a typical stock, which is something potential investors may wish to research.