NGL Energy Partners announces $100M LP common unit repurchase program

NGL Energy Partners (NGL) announced that the Board of Directors of its general partner has authorized a common unit repurchase program, under which NGL may repurchase up to $100M of its outstanding units representing limited partnership interests of NGL and does not have a fixed expiration date. The stock repurchase program does not obligate NGL to acquire a specified number of units and may be modified, suspended, or discontinued at any time at NGL’s discretion without notice.