Brief: Ngl Energy Partners Lp Provides Financial Update
19/01/2021 11:44
Jan 19 (Reuters) - NGL Energy Partners LP NGL.N :
* NGL ENERGY PARTNERS LP PROVIDES FINANCIAL UPDATE
* NGL ENERGY PARTNERS LP - RE-INSTATING FISCAL 2021 ADJUSTED
EBITDA GUIDANCE AT $500 MILLION
* NGL ENERGY PARTNERS LP - EXPECTS TO RECOGNIZE NON-CASH
IMPAIRMENT CHARGE THAT COULD BE $380 MILLION TO $400 MILLION IN
QUARTER ENDING DEC. 31, 2020
* NGL ENERGY PARTNERS LP - INITIATING ADJUSTED EBITDA
GUIDANCE FOR
FISCAL 2022 WITH A RANGE OF $570 MILLION TO $600 MILLION
* NGL ENERGY PARTNERS LP - CAPITAL EXPENDITURES ARE EXPECTED
TO BE
BETWEEN $100 MILLION AND $125 MILLION FOR FISCAL 2022
* NGL ENERGY PARTNERS LP - PROVIDING CERTAIN INFORMATION
REGARDING SETTLEMENT WITH EXTRACTION OIL AND GAS FOLLOWING
EXPECTED EMERGENCE FROM BANKRUPTCY
Source text for Eikon: ID:nBw73JtZda
Further company coverage: NGL.N
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