SCHEDULE: Bank of America Discloses NGL Energy Partners Stake
Beneficial Ownership Filing
Bank of America Corp /DE/ has filed a Schedule 13G, reporting beneficial ownership of 6.7% of NGL Energy Partners LP's common units.
Summary
- Bank of America Corp /DE/ has filed an amendment to its Schedule 13G, indicating a beneficial ownership of 8,283,983 common units of NGL Energy Partners LP.
- This ownership represents approximately 6.7% of the class of securities.
- The filing is based on NGL Energy Partners LP's outstanding shares as of January 30, 2026, which totaled 123,814,289 units, as disclosed in their Form 10-Q filed on February 3, 2026.
- Bank of America Corp /DE/ holds shared voting power and shared dispositive power over these units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by a financial institution and does not contain operational or financial performance updates.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by Bank of America Corp /DE/ indicates a significant institutional stake in NGL Energy Partners LP, which is typical for large financial institutions monitoring energy infrastructure and logistics companies.
Stakeholder Impact
- Shareholders: The filing provides transparency regarding institutional ownership, which can influence market perception and trading dynamics.
Key Dates
| Date | Description |
|---|---|
| 01/30/2026 | Date as of which NGL Energy Partners LP's outstanding shares were reported. |
| 02/03/2026 | Date NGL Energy Partners LP filed its Form 10-Q disclosing share totals. |
| 03/31/2026 | Date of Event Which Requires Filing of this Statement. |
| 04/27/2026 | Date of signature on the Schedule 13G filing. |
Keywords
NGL Energy Partners LP, Schedule 13G, Bank of America, Beneficial Ownership, Common Units, Securities Filing
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