NGL Energy Partners (NGL)

Overall impact
F (3)

Commentary

NGL Energy Partners is a poor overall performer. With an 'F' rating of 3.5 for overall impact (bottom 10% of all companies), NGL Energy Partners ranks 32nd out of 38 industry peers, behind Ultrapar Participacoes, Renewable Energy, Neste and 28 others, and ahead of Par Pacific, Ferrellgas Partners, PBF Energy and 3 others. On top material causes for NGL Energy Partners's industry (Oil & Gas), NGL Energy Partners performs poorly in Reduced Green House Gas Emissions (0.0 score), No Poverty (27.7), Renewable Energy Growth (0.0) and 19 other causes where it received a 'D' or 'F' score. NGL Energy Partners did not receive an 'A' rating on any cause.
Impact
Cause NGL
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Company
Employees
449
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Oil & Gas Storage & Transportation
SASB industry
Oil & Gas - Refining & Marketing
Headquarters
Ok, United States
Share classes
NGL
Description
NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products/renewables, and water solutions. The company operates through three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from crude oil and natural gas production. It aggregates and sells recovered crude oil, disposes of solids such as tank bottoms and drilling fluid and muds, performs truck and frac tank washouts, and sells produced water for reuse and recycle, as well as brackish non-potable water. The Crude Oil Logistics segment purchases crude oil from producers and marketers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. It also provides storage, terminaling, and transportation services through pipelines and storage tanks. The Liquids Logistics segment delivers natural gas liquids to commercial, retail, and industrial customers across the United States and Canada through its five terminals, third-party storage and terminal facilities, nine common carrier pipelines, and a fleet of leased railcars. This segment also provides services for marine exports of butane through its facility located in Chesapeake, Virginia, and owns a propane pipeline in Michigan. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
Material causes
Ethos considers the following causes material for NGL Energy Partners, based on its industry sub-industry Oil & Gas Storage & Transportation. Learn more about material causes in our methodology overview.
Not available

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