Business Context and Reporting Period
This Form 8-K filing by NGL Energy Partners LP reports a corporate governance event. The report date is January 21, 2019, covering the resignation of a director effective January 22, 2019.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to Item 5.02 regarding officer departures and does not contain financial performance data.
Material Changes
The material change reported is the resignation of Vincent J. Osterman as a member of the Board of Directors of NGL Energy Holdings LLC (the General Partner). The resignation became effective on January 22, 2019.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document strictly addresses the departure of a director.
Investor Verification Checklist
- Verify the effective date of Vincent J. Osterman's resignation (January 22, 2019).
- Confirm whether a replacement director has been appointed to the Board of Directors of the General Partner.
- Review subsequent filings for any impact on the company's strategic direction or governance structure.