NGL Energy Partners (NGL) Expected to Announce Earnings on Thursday

Key Points

• NGL Energy Partners is set to announce its Q1 2026 earnings on August 7th, expecting a loss of ($0.06) per share against revenues of $983.50 million.
• In its last quarterly report, the company posted a surprising profit of $0.07 per share, exceeding estimates, yet falling short of revenue expectations.
• Goldman Sachs recently increased its stake in NGL Energy Partners by 3.3%, holding approximately 5.24 million shares, while institutional ownership stands at over 40%.

NGL Energy Partners (NYSE:NGL - Get Free Report) is expected to be issuing its Q1 2026 quarterly earnings data after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $983.50 million for the quarter.

NGL Energy Partners (NYSE:NGL - Get Free Report) last released its earnings results on Thursday, May 29th. The oil and gas company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.01 by $0.06. The firm had revenue of $971.07 million during the quarter, compared to analysts' expectations of $1.05 billion. NGL Energy Partners had a net margin of 0.75% and a negative return on equity of 47.87%. On average, analysts expect NGL Energy Partners to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NGL Energy Partners Trading Down 0.5%

NYSE:NGL traded down $0.02 during trading hours on Monday, hitting $4.09. 113,850 shares of the company traded hands, compared to its average volume of 457,523. The stock has a market capitalization of $539.92 million, a price-to-earnings ratio of -6.93 and a beta of 0.39. NGL Energy Partners has a twelve month low of $2.64 and a twelve month high of $5.73. The firm has a 50-day moving average of $4.14 and a 200 day moving average of $4.18.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of NGL Energy Partners from a "buy" rating to a "hold" rating in a report on Monday, April 21st.

Institutional Investors Weigh In On NGL Energy Partners

An institutional investor recently raised its position in NGL Energy Partners stock. Goldman Sachs Group Inc. raised its holdings in NGL Energy Partners LP (NYSE:NGL - Free Report) by 3.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,248,614 shares of the oil and gas company's stock after buying an additional 165,249 shares during the quarter. Goldman Sachs Group Inc. owned 3.98% of NGL Energy Partners worth $23,829,000 as of its most recent SEC filing. Institutional investors and hedge funds own 40.62% of the company's stock.

NGL Energy Partners Company Profile

NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water.