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Why NGL Energy Partners Is Trading Higher Today

January 21, 2021 10:26 am
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Why NGL Energy Partners Is Trading Higher Today

The Price And Volume Action In NGL Energy Partners's Stock Today

NGL Energy Partners (NYSE:NGL) is currently up 41.95% to a price of $3.63. Thursday the stock has been traded at a volume of 6.20 million, about 410.73% of its recent 30-day volume average of 1.51 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: NGL Energy Partners shares are trading higher after the company announced a $2.05B senior notes offering.

Perspective On Recent Price Action

The 50-day moving average price of NGL Energy Partners's stock was $2.64 when this article was published. The stock reached a high of $12.08 and a low of $1.15 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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NGL Energy Partners LP (NYSE:NGL) ("NGL"), through its wholly owned subsidiaries NGL Energy Operating LLC and NGL Energy Finance Corp., today announced that they intend to offer, subject to market and other read more