NGL Energy Partners (NGL) Expected to Announce Quarterly 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 post its Q1 2026 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect NGL Energy Partners to post earnings of ($0.06) per share and revenue of $983.50 million for the quarter.

NGL Energy Partners (NYSE:NGL - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The oil and gas company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates 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 Stock Performance

NGL Energy Partners stock traded down $0.14 during midday trading on Friday, hitting $4.11. 207,841 shares of the company's stock were exchanged, compared to its average volume of 428,039. The stock has a market cap of $542.57 million, a price-to-earnings ratio of -6.97 and a beta of 0.43. NGL Energy Partners has a 12-month low of $2.64 and a 12-month high of $5.73. The firm's 50 day simple moving average is $4.14 and its 200 day simple moving average is $4.20.

Institutional Investors Weigh In On NGL Energy Partners

An institutional investor recently raised its position in NGL Energy Partners stock. Goldman Sachs Group Inc. grew its position in NGL Energy Partners LP (NYSE:NGL - Free Report) by 3.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent quarter. 40.62% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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.