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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!

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From: Elroy8/6/2024 4:22:08 PM
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This is the only publicly traded peer company for NGL's water business. It's about 40% the size of NGL's water business (and a potential acquisition target down the road, I think).

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Aris Water Solutions, Inc. Reports Second Quarter 2024 Results, Increases Full Year Adjusted EBITDA Guidance

finance.yahoo.com

Full year EBITDA forecast got increased from $185m-$200m to $195m to $205m.

I'm not all that familiar with the specifics of their drivers, but I think Q2 came in better than they were expecting. Q2 EBITDA was forecast as $44m to $48m, and it actually came in at $50m.

Hopefully something similarly positive happens with NGL....
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