Mark Green from Tennessee’s 7th district sells stocks in NGL Energy Partners

In recent investment activity, Mark Green, the congressional representative from Tennessee’s 7th district, has sold stocks in NGL Energy Partners LP (NYSE:). The transactions took place through Green’s Equitable Advisors Investment Account, according to a congressional trade report.

The first transaction occurred on July 24, 2024, where Green sold stocks valued between $15,001 and $50,000. A subsequent transaction on August 5, 2024, saw the congressman selling additional stocks in the same company, this time with a higher value range of $50,001 to $100,000.

NGL Energy Partners LP, a diversified midstream energy company, has its stocks represented as common units of limited partner interests. These transactions by Green indicate a significant shift in his investment portfolio involving this particular energy company.

The transactions were reported as per the requirements of the STOCK Act, which mandates that federal legislators disclose their financial trades to maintain transparency and prevent any potential conflicts of interest.

As of now, there are no further details available about Green’s other financial activities or his future investment plans. The Equitable Advisors Investment Account used by Green for these transactions is known for its comprehensive financial planning services, offering a wide range of investment options.

InvestingPro Insights

Amid the recent stock sales by Congressman Mark Green, investors might find it valuable to consider some key financial metrics and insights from InvestingPro for a deeper understanding of NGL Energy Partners LP’s current market position. As of the latest data, NGL Energy Partners LP has a market capitalization of approximately $543.3 million, signaling a relatively modest size within the energy sector. This could be a factor in the congressman’s decision to adjust his investment portfolio.

InvestingPro Tips highlight that NGL Energy Partners has been grappling with weak gross profit margins, which stood at 14.37% over the last twelve months as of Q1 2025. Additionally, the company has not been profitable during this period, with a P/E ratio of -1.9, reflecting challenges in generating earnings. These financial struggles may have influenced Green’s transactions, as investors often seek to optimize their portfolios based on a company’s performance. Furthermore, NGL does not pay dividends to shareholders, which could be a deterrent for those looking for regular income from their investments.

On the revenue front, NGL Energy Partners experienced a decline, with a -13.9% revenue growth rate over the last twelve months as of Q1 2025. This contraction in revenue could be indicative of broader industry trends or company-specific issues that might have caught the attention of informed investors like Congressman Green.

For those interested in further analysis and additional InvestingPro Tips on NGL Energy Partners LP, there are more insights available at https://www.investing.com/pro/NGL. With comprehensive data and expert evaluations, investors can make more informed decisions regarding their energy sector investments.

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