NGL Energy Partners LP Reports Executive and Director Changes
Ticker: NGL-PC · Form: 8-K · Filed: Aug 30, 2024 · CIK: 1504461
| Field | Detail |
|---|---|
| Company | Ngl Energy Partners LP (NGL-PC) |
| Form Type | 8-K |
| Filed Date | Aug 30, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-composition, executive-compensation
TL;DR
NGL Energy Partners LP shakes up leadership and board; expect strategic shifts.
AI Summary
NGL Energy Partners LP announced on August 28, 2024, changes in its executive team and board of directors. Specifically, the company reported the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for its key executives. The filing also includes financial statements and exhibits.
Why It Matters
Changes in leadership and board composition can signal shifts in company strategy, operational focus, or financial direction, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational stability.
Key Numbers
- 001-35172 — SEC File Number (Identifies the company's filing history with the SEC.)
- 27-3427920 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- NGL Energy Partners LP (company) — Registrant
- August 28, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 6120 S. YALE STREET, SUITE 1300, TULSA, OK 74136 (address) — Business and Mail Address
FAQ
What specific roles have been affected by the departures of officers and directors?
The filing indicates the departure of 'certain officers' and 'certain directors' but does not specify the exact roles in this summary section.
Who are the newly elected directors?
The filing mentions the election of directors but does not name the individuals in the provided text.
Are there any changes to executive compensation arrangements?
Yes, the filing notes 'Compensatory Arrangements of Certain Officers' as an item information, suggesting potential adjustments.
What is the primary business of NGL Energy Partners LP?
NGL Energy Partners LP is in the 'NATURAL GAS TRANSMISSION' industry, as indicated by its SIC code.
When was NGL Energy Partners LP incorporated?
The company was incorporated in Delaware.
Filing Stats: 469 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-08-30 16:15:22
Filing Documents
- ngl-20240828.htm (8-K) — 29KB
- 0001504461-24-000020.txt ( ) — 209KB
- ngl-20240828.xsd (EX-101.SCH) — 3KB
- ngl-20240828_def.xml (EX-101.DEF) — 18KB
- ngl-20240828_lab.xml (EX-101.LAB) — 31KB
- ngl-20240828_pre.xml (EX-101.PRE) — 18KB
- ngl-20240828_htm.xml (XML) — 5KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 101 Cover Page formatted as Inline XBRL. 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NGL Energy Partners LP By: NGL Energy Holdings LLC, its general partner Date: August 30, 2024 By: /s/ H. Michael Krimbill H. Michael Krimbill Chief Executive Officer