{"schema_version":"secwatch.filing_event.v1","accession":"0001504461-23-000035","form_type":"8-K","ticker":"NGL","cik":"0001504461","company_name":"NGL Energy Partners LP","filed_at":"2023-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.105170+00:00","generated_at":"2026-06-17T06:55:53.092008+00:00","sec_items":["2.01","9.01","8.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NGL Energy completes marine sale for $112M; repays $39M loan; redeems 7.5% notes; debt $2.9B","bullets":["Sale of marine assets closed Mar 30, 2023 for $111.65M cash, less ~$7.5M expenses.","Used $39M of proceeds to repay marine equipment loan; remainder to reduce ABL borrowings.","Redeemed all 7.5% unsecured senior notes due Nov 2023 on Mar 31.","Total debt at Mar 31 ~$2.9B, down ~$600M since Sep 30, 2022; leverage expected ~4.5x.","CEO says leverage below 4.75x achieved faster than expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001504461-23-000035","json":"https://secwatch.observer/filing/0001504461-23-000035.json","markdown":"https://secwatch.observer/filing/0001504461-23-000035.md","text":"https://secwatch.observer/filing/0001504461-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1504461/000150446123000035/0001504461-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1504461/000150446123000035/ngl-20230330.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T06:55:53.092008+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e201e801364ca4d3c5eac6ef6d8e7c91dcada7cc","claim":"NGL Energy Partners LP completed a disposition involving Campbell Transportation Company, Inc. and Magnolia Marine Transport Company for $111.65 million in cash less estimated expenses of approximately $7.5 million (closed 2023-03-30).","evidence_excerpt":"On March 30, 2023, NGL Energy Partners LP (the “Partnership”) completed the sale of all of its marine assets for $111.65 million in cash less estimated expenses of approximately $7.5 million.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1504461/000150446123000035/0001504461-23-000035-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Campbell Transportation Company, Inc. and Magnolia Marine Transport Company"},{"label":"Consideration","value":"$111.65 million in cash less estimated expenses of approximately $7.5 million"},{"label":"Closing","value":"2023-03-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}