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NGL Energy Partners (NGL) Stock Price, News & Analysis

NGL Energy Partners logo
$3.98
-0.06 (-1.49%)
(As of 11/4/2024 ET)

About NGL Energy Partners Stock (NYSE:NGL)

Key Stats

Today's Range
$3.97
$4.10
50-Day Range
$3.99
$4.99
52-Week Range
$3.80
$6.20
Volume
188,472 shs
Average Volume
363,343 shs
Market Capitalization
$527.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

NGL Energy Partners LP is a vertically integrated master limited partnership operating a network of midstream pipelines and storage facilities. The company is a diversified play on mid-stream operations offering multiple services for producers and consumers alike. Founded in 1944, the company is headquartered in Tulsa, Oklahoma.

The company, through a network of subsidiaries, is in business to transport, store, blend, and market crude oil, natural gas liquids, refined products, renewables, and water solutions in the United States. The company seeks to generate positive cash flow through its businesses and deliver returns to shareholders in the form of dividends, organic, and accretive growth. Organic growth is achieved by investing in new assets while accretive growth includes the acquisition of assets that complement the existing portfolio.

NGL Energy Partners operates in three segments that include Water Solutions, Crude Oil Logistics, and Natural Gas Liquids Logistics.

The Water Solutions segment transports, sells, reclaims, and recycles water for oil and natural gas production. This segment also aggregates recovered crude oil for sale, disposes of wastes, and performs cleaning services for trucks and fracking tanks along with other services.

The Crude Oil Logistics segment buys and transports crude oil and equivalents to refiners for processing and sale at pipeline heads and other trade hubs. This segment also provides storage and transportation services for third parties.

The Liquids Logistics segment supplies LNG, refined petroleum products, and biodiesel to commercial, retail, and industrial consumers in North America. This segment operates through a network of 24 terminals that are supported by third-party storage facilities, common carrier pipelines, and a fleet of leased railcars.




NGL Energy Partners Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
29th Percentile Overall Score

NGL MarketRank™: 

NGL Energy Partners scored higher than 29% of companies evaluated by MarketBeat, and ranked 229th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for NGL Energy Partners are expected to grow by 118.18% in the coming year, from $0.33 to $0.72 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NGL Energy Partners is -1.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of NGL Energy Partners is -1.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    NGL Energy Partners has a P/B Ratio of 5.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about NGL Energy Partners' valuation and earnings.
  • Percentage of Shares Shorted

    2.28% of the float of NGL Energy Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    NGL Energy Partners has a short interest ratio ("days to cover") of 9.9.
  • Change versus previous month

    Short interest in NGL Energy Partners has recently increased by 1.59%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    NGL Energy Partners does not currently pay a dividend.

  • Dividend Growth

    NGL Energy Partners does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, NGL Energy Partners will have a dividend payout ratio of 55.56% next year. This indicates that NGL Energy Partners will be able to sustain or increase its dividend.

  • Read more about NGL Energy Partners' dividend.
  • Percentage of Shares Shorted

    2.28% of the float of NGL Energy Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    NGL Energy Partners has a short interest ratio ("days to cover") of 9.9.
  • Change versus previous month

    Short interest in NGL Energy Partners has recently increased by 1.59%, indicating that investor sentiment is decreasing.
  • News Sentiment

    NGL Energy Partners has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for NGL Energy Partners this week, compared to 2 articles on an average week.
  • Search Interest

    Only 2 people have searched for NGL on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, NGL Energy Partners insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    40.62% of the stock of NGL Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about NGL Energy Partners' insider trading history.
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NGL Stock News Headlines

Rep. Mark E. Green Sells Off Shares of NGL Energy Partners LP (NYSE:NGL)
NGL Energy Partners (NYSE:NGL) Shares Unloaded Rep. Mark E. Green
Ex WH Advisor Who Predicted Biden Leaving Race Makes Startling New Prediction
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
NGL Energy Partners Announces Earnings Call
NGL Energy Partners LP Pref Class B (NGL_pb)
See More Headlines

NGL Stock Analysis - Frequently Asked Questions

NGL Energy Partners' stock was trading at $5.57 at the beginning of the year. Since then, NGL shares have decreased by 28.5% and is now trading at $3.98.
View the best growth stocks for 2024 here
.

NGL Energy Partners LP (NYSE:NGL) issued its quarterly earnings data on Thursday, August, 8th. The oil and gas company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.27. The oil and gas company earned $1.39 billion during the quarter, compared to analyst estimates of $1.44 billion. NGL Energy Partners had a negative net margin of 2.28% and a positive trailing twelve-month return on equity of 36.54%.

NGL Energy Partners' top institutional investors include CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.15%), Stephens Inc. AR (0.11%), Inscription Capital LLC (0.08%) and FLC Capital Advisors (0.02%). Insiders that own company stock include H Michael Krimbill, James M Collingsworth, Bradley P Cooper, Derek S Reiners, Kurston Patrick Mcmurray and John Ciolek.
View institutional ownership trends
.

Shares of NGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that NGL Energy Partners investors own include NVIDIA (NVDA), Broadcom (AVGO), Invesco QQQ (QQQ), Arista Networks (ANET), Meta Platforms (META), Jabil (JBL) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
8/08/2024
Today
11/04/2024
Next Earnings (Confirmed)
11/12/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
Utilities
Employees
840
Year Founded
N/A

Profitability

Net Income
$-143,760,000.00
Pretax Margin
-2.30%

Debt

Sales & Book Value

Annual Sales
$6.73 billion
Cash Flow
$2.65 per share
Book Value
$0.75 per share

Miscellaneous

Free Float
N/A
Market Cap
$527.40 million
Optionable
Optionable
Beta
1.70

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This page (NYSE:NGL) was last updated on 11/4/2024 by MarketBeat.com Staff
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