Free Trial
NYSE:NGL

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

$4.81
+0.18 (+3.89%)
(As of 10/8/2024 ET)

About NGL Energy Partners Stock (NYSE:NGL)

Key Stats

Today's Range
$4.50
$4.86
50-Day Range
$3.99
$4.99
52-Week Range
$3.80
$6.20
Volume
244,591 shs
Average Volume
378,449 shs
Market Capitalization
$637.39 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
23rd Percentile Overall Score

NGL MarketRank™: 

NGL Energy Partners scored higher than 23% of companies evaluated by MarketBeat, and ranked 245th out of 260 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 -2.26, 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 -2.26, 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 6.41. 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

    2.27% 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 8.2.
  • Change versus previous month

    Short interest in NGL Energy Partners has recently decreased by 2.67%, indicating that investor sentiment is improving.
  • 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

    2.27% 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 8.2.
  • Change versus previous month

    Short interest in NGL Energy Partners has recently decreased by 2.67%, indicating that investor sentiment is improving.
  • Search Interest

    8 people have searched for NGL on MarketBeat in the last 30 days. This is an increase of 33% 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.
Receive NGL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for NGL Energy Partners and its competitors with MarketBeat's FREE daily newsletter.

NGL Stock News Headlines

[SHOCKING] Crypto Document Leak…
The crypto market waits for no one. And my team of experts and I believe that a BIG move is right around the corner. That's why we're offering you instant access to the game-changing book that's transforming average investors into massive crypto successes.
Ngl Energy Partners Lp Share Chat
NGL Sep 2024 6.000 call
See More Headlines

NGL Stock Analysis - Frequently Asked Questions

NGL Energy Partners' stock was trading at $5.57 on January 1st, 2024. Since then, NGL shares have decreased by 13.6% and is now trading at $4.81.
View the best growth stocks for 2024 here
.

NGL Energy Partners LP (NYSE:NGL) issued its quarterly earnings results on Thursday, August, 8th. The oil and gas company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.27. The oil and gas company had revenue of $1.39 billion for 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%.

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 Energy Transfer (ET), New Residential Investment (NRZ), Washington Prime Group (WPG), CBL & Associates Properties (CBL), Golar LNG Partners (GMLP), EnLink Midstream (ENLC) and DHT (DHT).

Company Calendar

Last Earnings
8/08/2024
Today
10/08/2024
Next Earnings (Estimated)
11/14/2024
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
$2.57 per share
Book Value
$0.75 per share

Miscellaneous

Free Float
N/A
Market Cap
$636.06 million
Optionable
Optionable
Beta
1.67
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

This page (NYSE:NGL) was last updated on 10/8/2024 by MarketBeat.com Staff
From Our Partners