NYSE:NGLNGL Energy Partners Stock Price, Forecast & News

NGL Energy Partners' stock was trading at $3.52 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NGL stock has increased by 29.5% and is now trading at $4.56.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NGL Energy Partners in the last year. There are currently 2 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
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NGL Energy Partners is scheduled to release its next quarterly earnings announcement on Friday, November 13th 2020.
View our earnings forecast for NGL Energy Partners.

NGL Energy Partners LP (NYSE:NGL) posted its quarterly earnings results on Monday, August, 10th. The oil and gas company reported ($0.44) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.40. The oil and gas company had revenue of $844.42 million for the quarter, compared to analysts' expectations of $1.28 billion. NGL Energy Partners had a positive return on equity of 3.03% and a negative net margin of 3.80%. The business's revenue for the quarter was down 54.9% compared to the same quarter last year. During the same period last year, the company earned ($0.96) earnings per share.
View NGL Energy Partners' earnings history.

NGL Energy Partners declared a quarterly dividend on Thursday, July 23rd. Stockholders of record on Thursday, August 6th will be paid a dividend of $0.20 per share on Friday, August 14th. This represents a $0.80 dividend on an annualized basis and a yield of 17.54%. The ex-dividend date of this dividend is Wednesday, August 5th.
View NGL Energy Partners' dividend history.

8 Wall Street analysts have issued 1-year price targets for NGL Energy Partners' stock. Their forecasts range from $2.00 to $15.00. On average, they anticipate NGL Energy Partners' share price to reach $6.69 in the next twelve months. This suggests a possible upside of 46.7% from the stock's current price.
View analysts' price targets for NGL Energy Partners.

News headlines about NGL stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NGL Energy Partners earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about NGL Energy Partners.

NGL Energy Partners saw a decline in short interest in June. As of June 15th, there was short interest totaling 5,030,000 shares, a decline of 32.5% from the May 31st total of 7,450,000 shares. Based on an average trading volume of 2,000,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 4.3% of the shares of the stock are short sold.
View NGL Energy Partners' Short Interest.

Some companies that are related to NGL Energy Partners include Mitsui & Co Ltd (MITSY), Macquarie Infrastructure (MIC), Sunoco (SUN), World Fuel Services (INT) and Crossamerica Partners (CAPL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other NGL Energy Partners investors own include Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), CBL & Associates Properties (CBL), Washington Prime Group (WPG), Golar LNG Partners (GMLP), DHT (DHT), EnLink Midstream (ENLC) and Pennsylvania R.E.I.T. (PEI).

NGL Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGL."

NGL Energy Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Alps Advisors Inc. (11.21%), UBS Group AG (1.30%), Bank of Montreal Can (0.36%), Virtu Financial LLC (0.09%), Sumitomo Mitsui Trust Holdings Inc. (0.08%) and Duff & Phelps Investment Management Co. (0.06%). Company insiders that own NGL Energy Partners stock include Derek S Reiners, H Michael Krimbill, James M Collingsworth, John Ciolek, John T Raymond, Kurston Patrick Mcmurray and Robert W Karlovich III.
View institutional ownership trends for NGL Energy Partners.

NGL stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., UBS Group AG, Tranquility Partners LLC, and Teacher Retirement System of Texas.
View insider buying and selling activity for NGL Energy Partners.

NGL stock was purchased by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Sumitomo Mitsui Trust Holdings Inc., Leap Investments LP, Goldman Sachs Group Inc., Bank of Montreal Can, Good Life Advisors LLC, CWM Advisors LLC, and Duff & Phelps Investment Management Co.. Company insiders that have bought NGL Energy Partners stock in the last two years include Derek S Reiners, H Michael Krimbill, James M Collingsworth, John Ciolek, John T Raymond, Kurston Patrick Mcmurray, and Robert W Karlovich III.
View insider buying and selling activity for NGL Energy Partners.

Shares of NGL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NGL stock can currently be purchased for approximately $4.56.

NGL Energy Partners has a market capitalization of $587.20 million and generates $7.58 billion in revenue each year. The oil and gas company earns $-397,010,000.00 in net income (profit) each year or $0.61 on an earnings per share basis. NGL Energy Partners employs 1,400 workers across the globe.

The official website for NGL Energy Partners is www.nglenergypartners.com.

NGL Energy Partners' mailing address is 6120 SOUTH YALE AVENUE SUITE 805, TULSA OK, 74136. The oil and gas company can be reached via phone at 918-481-1119 or via email at [email protected]