NYSE:NGL

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

$3.79

-0.03 (-0.79%)

(As of 09/22/2023 08:52 PM ET)

Compare

Today's Range: $3.79
▼
$3.92
50-Day Range: $3.78
▼
$4.40
52-Week Range: $1.00
▼
$4.62

Volume: 1.21 million shs
Average Volume: 690,404 shs
Market Capitalization: $500.01 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

NGL Energy Partners MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.98% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.35
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.55) to ($2.74) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.00 out of 5 stars

Oils/Energy Sector

242nd out of 242 stocks

Natural Gas Transmission Industry

20th out of 20 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for NGL Energy Partners.

3.0

Short Interest

Percentage of Shares Shorted
1.98% 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 4.6.
Change versus previous month
Short interest in NGL Energy Partners has recently decreased by 0.89%, indicating that investor sentiment is improving.

0.0

Dividend Strength

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NGL.

3.0

News and Social Media Coverage

News Sentiment
NGL Energy Partners has a news sentiment score of 1.35. 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 0.70 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for NGL Energy Partners this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for NGL on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added NGL Energy Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

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
Only 34.17% of the stock of NGL Energy Partners is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for NGL Energy Partners are expected to decrease in the coming year, from ($0.55) to ($2.74) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NGL Energy Partners is -5.92, 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 -5.92, 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 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NGL Energy Partners (NYSE:NGL) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

NGL Stock News Headlines

September 19, 2023 | markets.businessinsider.com

Correlate Energy Welcomes Johan Themaat as Vice President of Finance

September 19, 2023 | americanbankingnews.com

NGL Energy Partners (NYSE:NGL) Share Price Passes Above 200-Day Moving Average of $3.50

September 25, 2023 | Legacy Research (Ad)

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September 4, 2023 | investing.com

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August 10, 2023 | finance.yahoo.com

Q1 2024 NGL Energy Partners LP Earnings Call

August 9, 2023 | finance.yahoo.com

NGL Energy Partners LP Announces First Quarter Fiscal 2024 Financial Results

August 8, 2023 | markets.businessinsider.com

Here's what Wall Street expects from NGL Energy Partners LP Partnership Units's earnings report

August 1, 2023 | finance.yahoo.com

NGL Energy Partners LP Announces Availability of its 2022 Schedule K-3s

September 25, 2023 | Legacy Research (Ad)

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July 31, 2023 | finance.yahoo.com

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July 27, 2023 | finance.yahoo.com

Shell (SHEL) Sells 35% Stake in Indonesia's Masela Gas Project

July 21, 2023 | finance.yahoo.com

Are Oils-Energy Stocks Lagging NGL Energy Partners (NGL) This Year?

July 20, 2023 | seekingalpha.com

NGL Energy: Not Worth The Risks And Uncertainties

July 17, 2023 | finance.yahoo.com

SLB Halts Shipments to Russia From all of Its Operations

July 16, 2023 | investing.com

NGL_pb Technical Analysis

July 10, 2023 | finance.yahoo.com

BP Negotiates With Insurers for GBP 30 Billion Pension Scheme

July 6, 2023 | finance.yahoo.com

NGL Energy Partners LP (NGL) Stock Moves -0.73%: What You Should Know

July 6, 2023 | finance.yahoo.com

Is Most-Watched Stock NGL Energy Partners LP (NGL) Worth Betting on Now?

July 5, 2023 | finance.yahoo.com

Chevron (CVX) & Partners Add Third Pipeline to Leviathan Project

June 30, 2023 | finance.yahoo.com

Chevron (CVX) Puts New Mexico & Texas Properties Up for Sale

June 28, 2023 | finance.yahoo.com

NGL Energy Partners LP (NGL) Flat As Market Sinks: What You Should Know

June 27, 2023 | msn.com

Shell (SHEL) Resumes Maintenance at Norway's Nyhamna Gas Plant

June 27, 2023 | finance.yahoo.com

Petrobras (PBR) Partners With Nauticus Robotics for Aquanaut

June 23, 2023 | finance.yahoo.com

NGL Energy Partners LP (NGL) Shows Fast-paced Momentum But Is Still a Bargain Stock

June 16, 2023 | finance.yahoo.com

NGL Energy Partners LP (NGL) Upgraded to Buy: What Does It Mean for the Stock?

June 14, 2023 | msn.com

Lightning Round: Healthcare is a screaming buy right now, says Jim Cramer

See More Headlines

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NGL Company Calendar

Last Earnings: 8/09/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 3/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Natural gas transmission
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:NGL
CUSIP: N/A
CIK: 1504461
Web: www.nglenergypartners.com
Phone: (918) 481-1119
Fax: 302-655-5049
Employees: 638
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.64)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $51.39 million
Net Margins: 0.18%
Pretax Margin: 0.63%
Return on Equity: 23.27%
Return on Assets: 1.74%

Debt

Debt-to-Equity Ratio: 6.39
Current Ratio: 1.20
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $8.69 billion
Price / Sales: 0.06
Cash Flow: $2.31 per share
Price / Cash Flow: 1.64
Book Value: $3.19 per share
Price / Book: 1.19

Miscellaneous

Outstanding Shares: 131,930,000
Free Float: N/A
Market Cap: $500.01 million
Optionable: Optionable
Beta: 1.70

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Key Executives

Mr. H. Michael Krimbill (Age 69)
Pres, CEO, & Director of NGL Energy Holdings LLC
Comp: $666.96k

Mr. Bradley P. Cooper (Age 47)
Exec. VP & CFO of NGL Energy Holdings LLC
Comp: $806.51k

Mr. Lawrence J. Thuillier (Age 52)
Chief Accounting Officer of NGL Energy Holdings LLC
Comp: $565.33k

Mr. Kurston P. McMurray (Age 51)
Exec. VP, Gen. Counsel & Corp. Sec. of NGL Energy Holdings LLC
Comp: $1.03M

Ms. Jennifer Kingham
Sr. VP & Chief Information Officer

Mr. Brian Cannon (Age 46)
Sr. VP of Marketing (Refined Products) - NGL Energy Holdings LLC

Mr. Vincent J. Osterman (Age 66)
Pres of Eastern Retail Operations

Mr. James F. Winter
Sr. VP of NGL Water Solutions - NGL Energy Holdings LLC

Mr. Don Robinson
Exec. VP of Crude Oil Logistics

Mr. Douglas W. White
Exec. VP of NGL Water Solutions - NGL Energy Holdings LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NGL Stock - Frequently Asked Questions

Should I buy or sell NGL Energy Partners stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NGL Energy Partners in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NGL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NGL, but not buy additional shares or sell existing shares.
View NGL analyst ratings or view top-rated stocks.
How have NGL shares performed in 2023?: NGL Energy Partners' stock was trading at $1.21 at the beginning of 2023. Since then, NGL shares have increased by 213.2% and is now trading at $3.79.
View the best growth stocks for 2023 here.
When is NGL Energy Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our NGL earnings forecast.
How were NGL Energy Partners' earnings last quarter?: NGL Energy Partners LP (NYSE:NGL) issued its quarterly earnings data on Wednesday, August, 9th. The oil and gas company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.21. The oil and gas company earned $1.62 billion during the quarter, compared to the consensus estimate of $2.11 billion. NGL Energy Partners had a net margin of 0.18% and a trailing twelve-month return on equity of 23.27%.
What ETFs hold NGL Energy Partners' stock?: ETFs with the largest weight of NGL Energy Partners (NYSE:NGL) stock in their portfolio include Unusual Whales Subversive Republican Trading ETF (KRUZ).Global X MLP ETF (MLPA).
What is H. Michael Krimbill's approval rating as NGL Energy Partners' CEO?: 26 employees have rated NGL Energy Partners Chief Executive Officer H. Michael Krimbill on Glassdoor.com. H. Michael Krimbill has an approval rating of 27% among the company's employees. This puts H. Michael Krimbill in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of NGL Energy Partners own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 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), DHT (DHT), Orchid Island Capital (ORC), Pennsylvania Real Estate Investment Trust (PEI) and New York Mortgage Trust (NYMT).
What is NGL Energy Partners' stock symbol?: NGL Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGL."
Who are NGL Energy Partners' major shareholders?: NGL Energy Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (5.00%), Goldman Sachs Group Inc. (1.55%), Natixis (1.05%), First Citizens Bank & Trust Co. (0.45%), Wells Fargo & Company MN (0.24%) and BNP Paribas Arbitrage SNC (0.17%). Insiders that own company stock include Bradley P Cooper, Derek S Reiners, H Michael Krimbill, James M Collingsworth, John Ciolek and Kurston Patrick Mcmurray.
View institutional ownership trends.
How do I buy shares of NGL Energy Partners?: Shares of NGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is NGL Energy Partners' stock price today?: One share of NGL stock can currently be purchased for approximately $3.79.
How much money does NGL Energy Partners make?: NGL Energy Partners (NYSE:NGL) has a market capitalization of $500.01 million and generates $8.69 billion in revenue each year. The oil and gas company earns $51.39 million in net income (profit) each year or ($0.64) on an earnings per share basis.
How many employees does NGL Energy Partners have?: The company employs 638 workers across the globe.
How can I contact NGL Energy Partners?: NGL Energy Partners' mailing address is 6120 SOUTH YALE AVENUE SUITE 805, TULSA OK, 74136. The official website for the company is www.nglenergypartners.com. The oil and gas company can be reached via phone at (918) 481-1119, via email at investorinfo@nglep.com, or via fax at 302-655-5049.

This page (NYSE:NGL) was last updated on 9/25/2023 by MarketBeat.com Staff

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