Current Report Filing (8-k)
May 15 2019 - 6:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
May 13, 2019
NGL ENERGY PARTNERS LP
(Exact name of registrant as specified in its charter)
|
|
|
|
|
|
Delaware
|
|
001-35172
|
|
27-3427920
|
(State or other jurisdiction of
incorporation or organization)
|
|
(Commission File Number)
|
|
(I.R.S. Employer
Identification No.)
|
6120 South Yale Avenue
Suite 805
Tulsa, Oklahoma 74136
(Address of principal executive offices) (Zip Code)
(918) 481-1119
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|
|
¨
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
¨
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12)
|
|
|
¨
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b))
|
|
|
¨
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
|
Securities registered pursuant to Section 12(b) of the Act:
|
|
|
|
|
|
Title of Each Class
|
|
Trading Symbols
|
|
Name of Each Exchange on Which Registered
|
Common unit representing Limit Partner Interests
|
|
NGL
|
|
New York Stock Exchange
|
Fixed-to-floating rate cumulative redeemable perpetual preferred units
|
|
NLG-PB
|
|
New York Stock Exchange
|
Fixed-to-floating rate cumulative redeemable perpetual preferred units
|
|
NGL-PC
|
|
New York Stock Exchange
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
|
|
|
|
Emerging growth company
o
|
|
|
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
o
|
|
Item 1.01.
|
Entry into a Definitive Agreement.
|
On May 14, 2019, NGL Energy Partners LP (the "Partnership") announced that it has executed a definitive agreement to combine all of the assets of Mesquite Disposals Unlimited, LLC ("Mesquite") with the Partnership's Water Solutions business (the "Transaction"). The agreement contains customary representations, warranties, indemnification obligations and covenants by the parties. The Transaction is expected to close in July 2019, subject to specified closing conditions, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. There can be no assurance that the Transaction will be completed in the anticipated time frame, or at all, or that anticipated benefits of the transaction will be realized.
On May 14, 2019, the Partnership issued a press release announced the Transaction. The press release is filed as Exhibit 99.1 hereto and incorporated by reference herein.
|
|
Item 9.01
|
Financial Statements and Exhibits.
|
(d) Exhibits.
|
|
|
|
Exhibit No.
|
|
Description
|
|
|
|
99.1
|
|
|
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: May 15, 2019
|
|
By:
|
/s/ Robert W. Karlovich III
|
|
|
|
Robert W. Karlovich III
|
|
|
|
Chief Financial Officer
|
NGL Energy Partners (NYSE:NGL)
Historical Stock Chart
From Aug 2024 to Sep 2024
NGL Energy Partners (NYSE:NGL)
Historical Stock Chart
From Sep 2023 to Sep 2024