Everything investors need to know about NGLs

09/1/2010 | Investopedia

Natural gas liquids, or NGLs, are becoming an important part of the energy-exploration equation, with many gas companies shifting resources from "dry" deposits in favor of plays that are rich in "wet" NGLs such as propane, butane and ethane. Companies such as Chesapeake Energy, Devon Energy and EOG Resources are racing to extract NGLs, while specialized NGL fractionating companies are springing up to process and transport the fuels.

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