NGL Energy Sees FY24 Asset Sales ~$75M
Portfolio Pulse from Benzinga Newsdesk
NGL Energy Partners LP anticipates asset sales of approximately $75 million for the fiscal year 2024.
August 09, 2023 | 8:41 pm
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NEUTRAL IMPACT
NGL Energy Partners LP is expecting to generate around $75 million from asset sales in FY24.
The news of NGL Energy's projected asset sales for FY24 is directly related to the company. However, it's unclear how this will affect the company's stock price in the short term, as the impact of asset sales can depend on various factors such as the nature of the assets being sold and the company's use of the proceeds. Therefore, the score is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100