NGL Energy Partners LP (NYSE:NGL) today reports an expected increase in
the Company’s Adjusted EBITDA guidance for fiscal 2015 to $425 million
or greater. Previously NGL reported Adjusted EBITDA guidance in the
range of $410 - $425 million for the fiscal year ending March 31, 2015.
In addition, NGL also increases its Adjusted EBITDA guidance for fiscal
2016 to $500 million or greater versus previously reported guidance of
$485 - $500 million.
This press release includes “forward-looking statements.” All
statements other than statements of historical facts included or
incorporated herein may constitute forward-looking statements. Actual
results could vary significantly from those expressed or implied in such
statements and are subject to a number of risks and uncertainties. While
NGL believes its expectations as reflected in the forward-looking
statements are reasonable, NGL can give no assurance that such
expectations will prove to be correct. The forward-looking statements
involve risks and uncertainties that affect operations, financial
performance, and other factors as discussed in filings with the
Securities and Exchange Commission. Other factors that could impact any
forward-looking statements are those risks described in NGL’s annual
report on Form 10-K, quarterly reports on Form 10-Q, and other public
filings. You are urged to carefully review and consider the cautionary
statements and other disclosures made in those filings, specifically
those under the heading “Risk Factors.” NGL undertakes no obligation to
publicly update or revise any forward-looking statements except as
required by law.
About NGL Energy Partners LP
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and
operates a vertically integrated energy business with five primary
businesses: water solutions, crude oil logistics, NGL logistics, refined
products/renewables and retail propane. For further information visit
the Partnership's website at www.nglenergypartners.com.
Copyright Business Wire 2015