NGL Energy Partners LP, through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the United States. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. The Water Solutions segment is involved in the treatment and disposal of wastewater generated from crude oil and natural gas production operations; disposal of solids, such as tank bottoms, drilling fluids, and performs truck and frac tank washouts; and sale of recovered hydrocarbons. The Liquids segment supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants in the United States and Canada, as well as offers terminaling and storage services through its 21 terminals in the United States. The Retail Propane segment sells propane, distillates, and equipment and supplies to end users consisting of residential, agricultural, commercial, and industrial customers, as well as re-sellers. The Refined Products and Renewables segment markets gasoline, diesel, ethanol, and biodiesel products; and purchase and delivers refined petroleum and renewable products. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
Industry, Sector and Symbol
Industry Petroleum products, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:NGL
CUSIPN/A
Phone918-481-1119
Debt
Debt-to-Equity Ratio1.42
Current Ratio1.61
Quick Ratio1.11
Price-To-Earnings
Trailing P/E Ratio-19.41
Forward P/E Ratio-48.89
P/E GrowthN/A
Sales & Book Value
Annual Sales$17.28 billion
Price / Sales0.09
Cash Flow$2.0886 per share
Price / Cash6.32
Book Value$15.55 per share
Price / Book0.85
Profitability
EPS (Most Recent Fiscal Year)($0.68)
Net Income$-70,870,000.00
Net Margins-0.41%
Return on Equity-1.20%
Return on Assets-0.36%
Miscellaneous
Employees2,400
Outstanding Shares121,570,000
NGL Energy Partners (NYSE:NGL) Frequently Asked Questions
What is NGL Energy Partners' stock symbol?
NGL Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGL."
How often does NGL Energy Partners pay dividends? What is the dividend yield for NGL Energy Partners?
NGL Energy Partners declared a quarterly dividend on Tuesday, April 24th. Investors of record on Monday, May 7th will be given a dividend of $0.39 per share on Tuesday, May 15th. This represents a $1.56 annualized dividend and a yield of 11.82%. The ex-dividend date of this dividend is Friday, May 4th. View NGL Energy Partners' Dividend History.
How will NGL Energy Partners' stock buyback program work?
NGL Energy Partners announced that its Board of Directors has authorized a share buyback plan on Thursday, August 31st 2017, which allows the company to repurchase $15,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.
How were NGL Energy Partners' earnings last quarter?
NGL Energy Partners LP (NYSE:NGL) announced its quarterly earnings results on Wednesday, May, 30th. The oil and gas company reported $0.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.45 by $0.26. The oil and gas company earned $5.11 billion during the quarter, compared to analyst estimates of $4.56 billion. NGL Energy Partners had a negative return on equity of 1.20% and a negative net margin of 0.41%. View NGL Energy Partners' Earnings History.
When is NGL Energy Partners' next earnings date?
What price target have analysts set for NGL?
5 brokerages have issued 12 month target prices for NGL Energy Partners' shares. Their predictions range from $11.00 to $17.00. On average, they expect NGL Energy Partners' share price to reach $15.00 in the next twelve months. View Analyst Ratings for NGL Energy Partners.
Who are some of NGL Energy Partners' key competitors?
Who are NGL Energy Partners' key executives?
NGL Energy Partners' management team includes the folowing people:
- Mr. H. Michael Krimbill, Chief Exec. Officer of NGL Energy Holdings LLC and Director of NGL Energy Holdings LLC (Age 64)
- Mr. Robert W. Karlovich III, Exec. VP & CFO (Age 41)
- Mr. Lawrence W. Thuillier, Chief Accounting Officer of NGL Energy Holdings LLC - Gen. Partner (Age 47)
- Mr. Vincent J. Osterman, Pres of Eastern Retail Propane Ops & Director of NGL Energy Holdings LLC (Age 61)
- Ms. Jennifer Kingham, Sr. VP & Chief Information Officer
Has NGL Energy Partners been receiving favorable news coverage?
Media headlines about NGL stock have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NGL Energy Partners earned a coverage optimism score of 0.16 on Accern's scale. They also assigned media stories about the oil and gas company an impact score of 46.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are NGL Energy Partners' major shareholders?
NGL Energy Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include OppenheimerFunds Inc. (13.34%), Alps Advisors Inc. (7.26%), UBS Group AG (2.12%), JPMorgan Chase & Co. (1.70%), Atlantic Trust Group LLC (1.52%) and Eagle Global Advisors LLC (1.50%). Company insiders that own NGL Energy Partners stock include H Michael Krimbill, Highstar Capital Iv, LP, James J Burke, James M Collingsworth, Lawrence J Thuillier, Robert W Karlovich III and Shawn W Coady. View Institutional Ownership Trends for NGL Energy Partners.
Which institutional investors are selling NGL Energy Partners stock?
NGL stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., JPMorgan Chase & Co., Eagle Global Advisors LLC, Evergreen Capital Management LLC, NBW Capital LLC, Fort Washington Investment Advisors Inc. OH, Duff & Phelps Investment Management Co. and Royal Bank of Canada. View Insider Buying and Selling for NGL Energy Partners.
Which institutional investors are buying NGL Energy Partners stock?
NGL stock was purchased by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Municipal Employees Retirement System of Michigan, Northwestern Mutual Investment Management Company LLC, Guggenheim Capital LLC, Neuberger Berman Group LLC, Infrastructure Capital Advisors LLC, Van ECK Associates Corp and UBS Group AG. Company insiders that have bought NGL Energy Partners stock in the last two years include H Michael Krimbill, James M Collingsworth and Robert W Karlovich III. View Insider Buying and Selling for NGL Energy Partners.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is NGL Energy Partners' stock price today?
One share of NGL stock can currently be purchased for approximately $13.20.
How big of a company is NGL Energy Partners?
NGL Energy Partners has a market capitalization of $1.57 billion and generates $17.28 billion in revenue each year. The oil and gas company earns $-70,870,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis. NGL Energy Partners employs 2,400 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 oil and gas company can be reached via phone at 918-481-1119 or via email at [email protected]
MarketBeat Community Rating for NGL Energy Partners (NGL)
MarketBeat's community ratings are surveys of what our community members think about NGL Energy Partners and other stocks. Vote "Outperform" if you believe NGL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NGL will underperform the S&P 500 over the long term. You may vote once every thirty days.
