COLLINGSWORTH JAMES M purchased $39K of NGL
COLLINGSWORTH JAMES M purchased 2,289 shares of NGL Energy Partners LP (NGL) at $17.00 on 2026-08-27.
How this was made
The 30-second read
Why it matters
The disclosed purchase is modest and unlikely to influence market perception of NGL.
Market read
Limited relevance; small insider buy does not materially affect stock price.
What to watch
Potential upcoming contract or asset sale not yet disclosed.
Background
Form 4 filings disclose insider trades; investors monitor them for signals.
Ticker impact
Director James Collingsworth purchased 2,289 shares of NGL Energy Partners for $38,913, increasing his holdings to 766,797 shares.
Minimal short-term price movement expected.
Purchase amount is under $50k and represents a tiny fraction of float; unlikely to move price materially.
Market effects
None significant; insider activity does not affect broader energy sector.
No regional impact.
Low relevance globally.
Counterpoint
Insider purchase could be a subtle signal of upcoming positive developments.
Key entities
- IndividualJames Collingsworth
Director of NGL Energy Partners
- CompanyNGL Energy Partners LP
Midstream energy company listed on NYSE
