NYSE:NGLNGL Energy Partners Stock Price, Forecast & News

$5.84

+0.11 (+1.92 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$5.25

Now: $5.84▼

$5.93

50-Day Range

$2.99

MA: $4.66▼

$6.05

52-Week Range

$1.15

Now: $5.84▼

$15.71

Volume1.87 million shs

Average Volume1.96 million shs

Market Capitalization$749.56 million

P/E RatioN/A

Dividend Yield13.70%

Beta3.01

NGL Energy Partners LP, together with its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses. 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; and provides storage, terminaling, trucking, marine, and pipeline transportation services. 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 drilling muds, as well as 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 through its 21 terminals, as well as offers terminaling and storage services. 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 resellers. The Refined Products and Renewables segment markets gasoline, diesel, ethanol, and biodiesel products; and purchase and delivers refined petroleum and renewable products. This segment also purchases and markets unfinished gasoline blending components for subsequent blending into finished gasoline for third parties. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.

Beat the Market (BTM) Rank^™

1.9 Analyst's Opinion

Consensus Rating
NGL Energy Partners has received a consensus rating of Hold. The company's average rating score is 1.88, and is based on no buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $6.13, NGL Energy Partners has a potential upside of 4.9% from its current price of $5.84.
Amount of Analyst Coverage
NGL Energy Partners has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
NGL Energy Partners has received 429 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NGL Energy Partners has received 454 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NGL Energy Partners has received 51.42% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
NGL Energy Partners is a leading dividend payer. It pays a dividend yield of 13.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
NGL Energy Partners does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of NGL Energy Partners is 131.15 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, NGL Energy Partners will have a dividend payout ratio of 190.48 % in the coming year. This indicates that NGL Energy Partners may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NGL Energy Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $315,110.00 in company stock and sold $0.00 in company stock.
Percentage Held by Institutions
54.01% of the stock of NGL Energy Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for NGL Energy Partners are expected to grow in the coming year, from ($0.16) to $0.42 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NGL Energy Partners is -1.27, 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 -1.27, 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 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.25 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Petroleum products, not elsewhere classified

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:NGL

Previous Symbol

CUSIPN/A

CIK1504461

Webwww.nglenergypartners.com

Phone918-481-1119

Debt

Debt-to-Equity Ratio1.87

Current Ratio0.99

Quick Ratio0.85

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$7.58 billion

Price / Sales0.10

Cash Flow$1.52 per share

Price / Cash Flow3.85

Book Value$16.73 per share

Price / Book0.35

Profitability

EPS (Most Recent Fiscal Year)$0.61

Net Income$360.05 million

Net Margins-3.80%

Return on Equity2.87%

Return on Assets0.75%

Miscellaneous

Employees1,300

Outstanding Shares128,349,000

Market Cap$749.56 million

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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NGL Energy Partners (NYSE:NGL) Frequently Asked Questions

How has NGL Energy Partners' stock been impacted by COVID-19 (Coronavirus)?

NGL Energy Partners' stock was trading at $3.52 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NGL stock has increased by 65.9% and is now trading at $5.84. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of NGL Energy Partners?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NGL Energy Partners in the last year. There are currently 1 sell rating and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for NGL Energy Partners.

When is NGL Energy Partners' next earnings date?

NGL Energy Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for NGL Energy Partners.

How were NGL Energy Partners' earnings last quarter?

NGL Energy Partners LP (NYSE:NGL) posted its quarterly earnings data on Monday, June, 1st. The oil and gas company reported ($2.09) EPS for the quarter, missing the Zacks' consensus estimate of $0.11 by $2.20. The oil and gas company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.93 billion. NGL Energy Partners had a positive return on equity of 2.87% and a negative net margin of 3.80%. NGL Energy Partners's revenue was down 20.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. View NGL Energy Partners' earnings history.

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 Monday, April 27th. Investors of record on Thursday, May 7th will be paid a dividend of $0.20 per share on Friday, May 15th. This represents a $0.80 annualized dividend and a dividend yield of 13.70%. The ex-dividend date of this dividend is Wednesday, May 6th. View NGL Energy Partners' dividend history.

What price target have analysts set for NGL?

8 equities research analysts have issued twelve-month price objectives 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 $6.13 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for NGL Energy Partners.

Has NGL Energy Partners been receiving favorable news coverage?

Media headlines about NGL stock have been trending very negative this week, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. NGL Energy Partners earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutNGL Energy Partners.

Are investors shorting NGL Energy Partners?

NGL Energy Partners saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 7,310,000 shares, a drop of 22.8% from the April 30th total of 9,470,000 shares. Based on an average daily volume of 2,430,000 shares, the days-to-cover ratio is presently 3.0 days. Approximately 6.4% of the shares of the stock are short sold. View NGL Energy Partners' Current Options Chain.

Who are some of NGL Energy Partners' key competitors?

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). View all competitors.

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 LP Unit (ET), New Residential Investment (NRZ), CBL & Associates Properties (CBL), Golar LNG Partners (GMLP), Washington Prime Group (WPG), NY MTG TR INC/SH (NYMT), ANNALY CAP MGMT/SH (NLY), BGC Partners (BGCP), Frontier Communications (FTR) and Summit Midstream Partners (SMLP).

Who are NGL Energy Partners' key executives?

NGL Energy Partners' management team includes the following people:

Mr. H. Michael Krimbill, CEO & Director of NGL Energy Holdings LLC (Age 65)
Mr. Robert W. Karlovich III, CFO, Exec. VP & Treasurer of NGL Energy Holdings LLC (Age 42)
Mr. Lawrence J. Thuillier, Chief Accounting Officer (Age 48)
Mr. Kurston P. McMurray, Exec. VP, Gen. Counsel & Corp. Sec. of NGL Energy Holdings LLC (Age 47)
Mr. Vincent J. Osterman, Director of NGL Energy Holdings LLC (Age 62)

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 many different institutional and retail investors. Top institutional shareholders include Invesco Ltd. (17.01%), Alps Advisors Inc. (11.90%), Tortoise Capital Advisors L.L.C. (4.08%), Morgan Stanley (2.27%), Morgan Stanley (2.27%) and RR Advisors LLC (2.25%). Company insiders that own NGL Energy Partners stock include Derek S Reiners, H Michael Krimbill, Highstar Capital Iv, LP, James M Collingsworth, John Ciolek, John T Raymond, Kurston Patrick Mcmurray and Robert W Karlovich III. 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 Bleichroeder LP, UBS Group AG, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Wells Fargo & Company MN, Pinnacle Holdings LLC, RR Advisors LLC, Tortoise Capital Advisors L.L.C., and Raymond James & Associates. View insider buying and selling activity for NGL Energy Partners.

Which institutional investors are buying NGL Energy Partners stock?

NGL stock was bought by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Harvest Fund Advisors LLC, Invesco Ltd., JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Advisor Group Holdings Inc., and Rafferty Asset Management LLC. 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.

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, Robinhood, Fidelity, and Charles Schwab.

What is NGL Energy Partners' stock price today?

One share of NGL stock can currently be purchased for approximately $5.84.

How big of a company is NGL Energy Partners?

NGL Energy Partners has a market capitalization of $749.56 million and generates $7.58 billion in revenue each year. The oil and gas company earns $360.05 million in net income (profit) each year or $0.61 on an earnings per share basis. NGL Energy Partners employs 1,300 workers across the globe.

What is NGL Energy Partners' official website?

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

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]

This page was last updated on 6/4/2020 by MarketBeat.com Staff