ING Groep NV Purchases 253,900 Shares of NGL Energy Partners LP (NYSE:NGL)

ING Groep NV increased its holdings in NGL Energy Partners LP (NYSE:NGL - Free Report) by 45.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 811,000 shares of the oil and gas company's stock after acquiring an additional 253,900 shares during the quarter. ING Groep NV owned approximately 0.61% of NGL Energy Partners worth $4,517,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NGL. Visionary Horizons LLC purchased a new stake in shares of NGL Energy Partners in the 4th quarter worth about $56,000. International Assets Investment Management LLC lifted its holdings in NGL Energy Partners by 457.0% in the 4th quarter. International Assets Investment Management LLC now owns 15,596 shares of the oil and gas company's stock valued at $87,000 after purchasing an additional 12,796 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new position in NGL Energy Partners in the 4th quarter valued at about $104,000. Jump Financial LLC acquired a new position in shares of NGL Energy Partners during the 3rd quarter valued at about $77,000. Finally, Everpar Advisors LLC acquired a new position in shares of NGL Energy Partners during the 4th quarter valued at about $128,000. 40.62% of the stock is owned by institutional investors and hedge funds.

NGL Energy Partners Trading Down 0.7 %

Shares of NYSE NGL traded down $0.04 on Monday, reaching $5.66. 492,837 shares of the company traded hands, compared to its average volume of 383,113. NGL Energy Partners LP has a fifty-two week low of $2.88 and a fifty-two week high of $6.20. The company has a 50 day moving average of $5.83 and a 200 day moving average of $5.39. The company has a current ratio of 1.23, a quick ratio of 1.05 and a debt-to-equity ratio of 5.24. The stock has a market capitalization of $750.01 million, a PE ratio of -9.59 and a beta of 1.61.

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.