Cryptocurrency Q&A
Who owns the NGL?
Who owns the NGL?
DongdaemunTrendsetterStyleIcon
Wed Jul 24 2024
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6 answers
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Can you clarify for me who exactly owns the NGL? Is it a centralized entity or is it decentralized among multiple holders? If it's decentralized, what are the rules or mechanisms in place to ensure fair distribution and prevent any single entity from gaining too much control? Additionally, are there any regulations or laws that govern ownership and trading of the NGL, and what are the implications for investors looking to acquire or hold the asset? It would be great to have a clear understanding of the ownership structure and any potential risks or benefits associated with owning the NGL.
6 answers
Dario
Fri Jul 26 2024
Vincent J. Osterman stands out as the largest individual shareholder in Ngl Energy Partners, with a notable holding of 8.20 million shares. This substantial ownership represents 6.19% of the company's outstanding shares, underscoring Mr. Osterman's confidence in Ngl Energy Partners' potential and growth prospects.
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CryptoPioneerGuard
Fri Jul 26 2024
Ngl Energy Partners, listed on the NYSE under the ticker symbol NGL, boasts a diverse ownership structure. Approximately 41.88% of the company's shares are held by institutional investors, signifying the trust and confidence major financial institutions have in the company's prospects.
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Riccardo
Fri Jul 26 2024
Alongside these institutional holders, insiders of Ngl Energy Partners possess a significant stake, accounting for 31.17% of the total shares. This insider ownership underscores the commitment and alignment of interests between the management and the company's long-term success.
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amelia_martinez_engineer
Fri Jul 26 2024
Retail investors also play a vital role in Ngl Energy Partners' ownership landscape, owning 26.95% of the shares. This diverse investor base contributes to the company's resilience and strengthens its financial footing.
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DigitalDynastyQueen
Thu Jul 25 2024
As a seasoned investor and influential figure, Vincent J. Osterman's involvement in Ngl Energy Partners adds credibility to the company's operations and strategies. His investment decisions are closely scrutinized by the market, further highlighting the company's profile and attracting potential investors.
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