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.
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
Phone918-481-1119
Debt
Debt-to-Equity Ratio0.83
Current Ratio1.08
Quick Ratio0.75
Price-To-Earnings
Trailing P/E Ratio-13.72
Forward P/E Ratio-11.52
P/E GrowthN/A
Sales & Book Value
Annual Sales$17.28 billion
Price / Sales0.07
Cash Flow$1.9725 per share
Price / Cash4.73
Book Value$15.55 per share
Price / Book0.60
Profitability
EPS (Most Recent Fiscal Year)($0.68)
Net Income$-70,870,000.00
Net Margins1.40%
Return on Equity-1.57%
Return on Assets-0.48%
Miscellaneous
Employees2,400
Outstanding Shares123,740,000
Market Cap$1.20 billion
OptionableOptionable
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 announced a quarterly dividend on Tuesday, October 23rd. Stockholders of record on Thursday, November 8th will be paid a dividend of $0.39 per share on Wednesday, November 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 16.72%. The ex-dividend date is Wednesday, November 7th. View NGL Energy Partners' Dividend History.
How will NGL Energy Partners' stock buyback program work?
NGL Energy Partners announced that its board has approved a share buyback program on Thursday, August 31st 2017, which permits the company to repurchase $15,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 1.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its shares are undervalued.
How were NGL Energy Partners' earnings last quarter?
NGL Energy Partners LP (NYSE:NGL) announced its earnings results on Thursday, November, 8th. The oil and gas company reported ($0.63) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.64. The oil and gas company earned $6.65 billion during the quarter, compared to the consensus estimate of $4.83 billion. NGL Energy Partners had a negative return on equity of 1.57% and a net margin of 1.40%. View NGL Energy Partners' Earnings History.
When is NGL Energy Partners' next earnings date?
What price target have analysts set for NGL?
5 equities research analysts have issued 1-year target prices for NGL Energy Partners' shares. Their forecasts range from $11.00 to $17.00. On average, they anticipate NGL Energy Partners' share price to reach $14.20 in the next year. This suggests a possible upside of 52.2% from the stock's current price. View Analyst Price Targets for NGL Energy Partners.
What is the consensus analysts' recommendation for NGL Energy Partners?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NGL Energy Partners in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NGL Energy Partners.
Has NGL Energy Partners been receiving favorable news coverage?
Headlines about NGL stock have trended very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NGL Energy Partners earned a news impact score of 3.1 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next several days.
Are investors shorting NGL Energy Partners?
NGL Energy Partners saw a increase in short interest in October. As of October 15th, there was short interest totalling 3,067,010 shares, an increase of 101.2% from the September 28th total of 1,524,724 shares. Based on an average daily volume of 779,024 shares, the days-to-cover ratio is presently 3.9 days. Currently, 2.8% of the shares of the company are sold short. View NGL Energy Partners' Current Options Chain.
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, CEO & Director of NGL Energy Holdings LLC (Age 64)
- Mr. Robert W. Karlovich III, CFO, Exec. VP & Treasurer of NGL Energy Holdings LLC (Age 41)
- Mr. Lawrence J. Thuillier, Chief Accounting Officer of NGL Energy Holdings LLC (Age 47)
- Mr. Kurston P. McMurray, Exec. VP, Gen. Counsel & Corp. Sec. of NGL Energy Holdings LLC (Age 46)
- Mr. Vincent J. Osterman, Director of NGL Energy Holdings LLC (Age 61)
Who are NGL Energy Partners' major shareholders?
NGL Energy Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include OppenheimerFunds Inc. (14.36%), Alps Advisors Inc. (8.16%), Advisory Research Inc. (3.07%), JPMorgan Chase & Co. (2.83%), JPMorgan Chase & Co. (2.83%) and RR Advisors LLC (2.16%). Company insiders that own NGL Energy Partners stock include H Michael Krimbill, Highstar Capital Iv, LP, James M Collingsworth, John T Raymond and Robert W Karlovich III. View Institutional Ownership Trends for NGL Energy Partners.
Which major investors are selling NGL Energy Partners stock?
NGL stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Duff & Phelps Investment Management Co., Bank of Montreal Can, Fort Washington Investment Advisors Inc. OH, Renaissance Technologies LLC, GSA Capital Partners LLP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS and First Republic Investment Management Inc.. View Insider Buying and Selling for NGL Energy Partners.
Which major investors are buying NGL Energy Partners stock?
NGL stock was acquired by a variety of institutional investors in the last quarter, including RR Advisors LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Virtus ETF Advisers LLC, Alps Advisors Inc., Virtus Alternative Investment Advisers Inc., OppenheimerFunds Inc. and MetLife Investment Advisors LLC. Company insiders that have bought NGL Energy Partners stock in the last two years include H Michael Krimbill, James M Collingsworth, John T Raymond 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 $9.33.
How big of a company is NGL Energy Partners?
NGL Energy Partners has a market capitalization of $1.20 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.
What is NGL Energy Partners' official website?
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 (NYSE 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.
