NGL Energy Partners (NYSE:NGL) is a diversified midstream energy partnership that provides a range of logistics, transportation, terminalling and marketing services for crude oil, refined petroleum products and natural gas liquids. The company operates a network of storage terminals, pipelines and rail- and truck-loading facilities designed to connect supply basins with refineries, distribution markets and export terminals. NGL Energy also maintains a wholesale marketing operation that sources, merchandises and delivers fuel products on a delivered or rack-to-rack basis.
In addition to its core logistics and marketing activities, NGL Energy Partners supplies and distributes propane, diesel and gasoline to wholesale customers, cooperatives and retailers across various regions of the United States. Its fleet of railcars, tanker trucks and barges supports last-mile delivery services and enables flexible routing options. The partnership’s terminal infrastructure spans multiple states, providing customers with storage, blending and transloading capabilities to optimize supply chain flows and manage inventory more efficiently.
Founded through a series of strategic acquisitions and organizational restructurings, NGL Energy Partners has grown from a regional logistics provider into a coast-to-coast operator. Headquartered in Houston, Texas, the company traces its roots to Siloam Transportation and subsequent acquisitions of bulk terminals and downstream marketing assets. Over the years, NGL has expanded its footprint by integrating retail convenience operations, offering fuel supply, branded merchandise and convenience products through a network of retail outlets in select markets.
Under the leadership of Chief Executive Officer Keith A. Kacynski and a management team drawn from both upstream and downstream energy sectors, NGL Energy Partners focuses on operational reliability, safety and cost-effective service delivery. The partnership’s board of directors comprises industry veterans with expertise in energy markets, logistics and financial strategy. NGL Energy continues to pursue growth opportunities that leverage its integrated platform and dedicated infrastructure to serve customers and capture market opportunities across North America.
