NYSE:NGLNGL Energy Partners Stock Price, Forecast & News

$2.03

-0.10 (-4.69 %)

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

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Today's Range

$1.90

Now: $2.03▼

$2.39

50-Day Range

$1.50

MA: $5.65▼

$9.54

52-Week Range

$1.15

Now: $2.03▼

$15.71

Volume1.90 million shs

Average Volume1.98 million shs

Market Capitalization$260.55 million

P/E RatioN/A

Dividend Yield73.24%

Beta1.85

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^™

2.9 Analyst's Opinion

Consensus Rating
NGL Energy Partners has received a consensus rating of Hold. The company's average rating score is 1.83, and is based on no buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $8.00, NGL Energy Partners has a potential upside of 294.1% from its current price of $2.03.
Amount of Analyst Coverage
NGL Energy Partners has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
NGL Energy Partners has received 429 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NGL Energy Partners has received 446 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NGL Energy Partners has received 50.97% “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 73.24%, 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 Sustainability
Based on EPS estimates, NGL Energy Partners will have a dividend payout ratio of 537.93 % 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 $1,639,580.00 in company stock and sold $0.00 in company stock.
Percentage Held by Institutions
59.61% 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.

0.6 Earnings and Valuation

Earnings Growth
Earnings for NGL Energy Partners are expected to decrease by -142.03% in the coming year, from ($0.69) to $0.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NGL Energy Partners is -0.88, 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 -0.88, 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 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.34 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

Webhttp://www.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$24.02 billion

Price / Sales0.01

Cash Flow$1.47 per share

Price / Cash Flow1.38

Book Value$16.73 per share

Price / Book0.12

Profitability

EPS (Most Recent Fiscal Year)($1.26)

Net Income$360.05 million

Net Margins-1.39%

Return on Equity4.87%

Return on Assets1.37%

Miscellaneous

Employees1,300

Outstanding Shares128,349,000

Market Cap$260.55 million

Next Earnings Date6/4/2020 (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 reached pandemic status according to the World Health Organization (WHO). Since then, NGL stock has decreased by 42.3% and is now trading at $2.03. View which stocks have been mosted impacted by Coronavirus.

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

6 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 5 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, June 4th 2020. View our earnings forecast for NGL Energy Partners.

How were NGL Energy Partners' earnings last quarter?

NGL Energy Partners LP (NYSE:NGL) issued its earnings results on Thursday, February, 6th. The oil and gas company reported $0.18 EPS for the quarter, hitting analysts' consensus estimates of $0.18. The oil and gas company had revenue of $2.23 billion for the quarter, compared to analyst estimates of $4.34 billion. NGL Energy Partners had a positive return on equity of 4.87% and a negative net margin of 1.39%. The firm's revenue was down 3.0% compared to the same quarter last year. During the same period last year, the firm posted $0.53 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 announced a quarterly dividend on Friday, January 24th. Stockholders of record on Friday, February 7th will be given a dividend of $0.39 per share on Friday, February 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 76.85%. The ex-dividend date is Thursday, February 6th. View NGL Energy Partners' dividend history.

What price target have analysts set for NGL?

6 brokerages have issued 1 year target prices for NGL Energy Partners' shares. Their forecasts range from $2.00 to $15.00. On average, they expect NGL Energy Partners' share price to reach $8.00 in the next twelve months. This suggests a possible upside of 294.1% from the stock's current price. View analysts' price targets for NGL Energy Partners.

Has NGL Energy Partners been receiving favorable news coverage?

News headlines about NGL stock have been trending very negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog 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 media sentiment score of -3.3 on InfoTrie's scale. They also assigned media 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 aboutNGL Energy Partners.

Are investors shorting NGL Energy Partners?

NGL Energy Partners saw a increase in short interest in March. As of March 13th, there was short interest totaling 10,271,900 shares, an increase of 45.3% from the February 27th total of 7,070,000 shares. Based on an average daily trading volume, of 1,390,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 8.7% of the shares of the company 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), World Fuel Services (INT), Sunoco (SUN) and Crossamerica Partners (CAPL).

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), BGC Partners (BGCP), ANNALY CAP MGMT/SH (NLY), Martin Midstream Partners (MMLP), CBL & Associates Properties (CBL), Frontier Communications (FTR), NY MTG TR INC/SH (NYMT), SunCoke Energy Partners (SXCP) and Orchid Island Capital (ORC).

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."

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 $2.03.

How big of a company is NGL Energy Partners?

NGL Energy Partners has a market capitalization of $260.55 million and generates $24.02 billion in revenue each year. The oil and gas company earns $360.05 million in net income (profit) each year or ($1.26) on an earnings per share basis. NGL Energy Partners employs 1,300 workers across the globe. View additional information about NGL Energy Partners.

What is NGL Energy Partners' official website?

The official website for NGL Energy Partners is http://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 4/3/2020 by MarketBeat.com Staff

NYSE:NGLNGL Energy Partners Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

2.9 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage