About NGL ENERGY PARTNERS LP (NYSE:NGL)
NGL Energy Partners LP owns and operates a vertically integrated energy business. The Company's segments are crude oil logistics, water solutions, liquids, retail propane, refined products and renewables, and corporate and other. Its crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations. Its water solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. Its liquids segment supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants throughout the United States and in Canada. Its retail propane segment consists of the retail marketing, and sale and distribution of propane and distillates, among others. The Company's refined products and renewables segment is engaged in gasoline, diesel, ethanol and biodiesel marketing operations.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Refining and Marketing
- Sub-Industry: N/A
- Symbol: NYSE:NGL
- CUSIP: N/A
- Web: www.nglenergypartners.com
- Market Cap: $1.37093 billion
- Outstanding Shares: 121,431,000
- 50 Day Moving Avg: $10.80
- 200 Day Moving Avg: $13.27
- 52 Week Range: $8.57 - $25.80
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 30.69
- P/E Growth: -123.33
- Annual Revenue: $14.08 billion
- Price / Sales: 0.10
- Book Value: $17.06 per share
- Price / Book: 0.65
- Annual Dividend: $1.56
- Dividend Yield: 13.7%
- EBITDA: $282.16 million
- Net Margins: -0.73%
- Return on Equity: -5.00%
- Return on Assets: -1.62%
- Debt-to-Equity Ratio: 1.40%
- Current Ratio: 1.63%
- Quick Ratio: 0.94%
- Average Volume: 1.36 million shs.
- Beta: 0.63
- Short Ratio: 1.65
Frequently Asked Questions for NGL ENERGY PARTNERS LP (NYSE:NGL)
What is NGL ENERGY PARTNERS LP's stock symbol?
NGL ENERGY PARTNERS LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGL."
How often does NGL ENERGY PARTNERS LP pay dividends? What is the dividend yield for NGL ENERGY PARTNERS LP?
NGL ENERGY PARTNERS LP declared a quarterly dividend on Friday, October 20th. Investors of record on Monday, November 6th will be paid a dividend of $0.39 per share on Tuesday, November 14th. This represents a $1.56 dividend on an annualized basis and a yield of 14.12%. The ex-dividend date of this dividend is Friday, November 3rd. View NGL ENERGY PARTNERS LP's Dividend History.
How will NGL ENERGY PARTNERS LP's stock buyback program work?
NGL ENERGY PARTNERS LP announced that its Board of Directors has approved a stock repurchase plan on Thursday, August 31st 2017, which permits the company to repurchase $15,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 1.3% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.
How were NGL ENERGY PARTNERS LP's earnings last quarter?
NGL ENERGY PARTNERS LP (NYSE:NGL) posted its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.38) by $0.21. The company had revenue of $3.78 billion for the quarter, compared to the consensus estimate of $2.59 billion. NGL ENERGY PARTNERS LP had a negative net margin of 0.73% and a negative return on equity of 5.00%. View NGL ENERGY PARTNERS LP's Earnings History.
When will NGL ENERGY PARTNERS LP make its next earnings announcement?
Where is NGL ENERGY PARTNERS LP's stock going? Where will NGL ENERGY PARTNERS LP's stock price be in 2017?
5 equities research analysts have issued 12 month price targets for NGL ENERGY PARTNERS LP's stock. Their forecasts range from $10.00 to $24.00. On average, they anticipate NGL ENERGY PARTNERS LP's stock price to reach $17.80 in the next twelve months. View Analyst Ratings for NGL ENERGY PARTNERS LP.
Are investors shorting NGL ENERGY PARTNERS LP?
NGL ENERGY PARTNERS LP saw a drop in short interest in September. As of September 29th, there was short interest totalling 2,152,451 shares, a drop of 63.3% from the September 15th total of 5,861,025 shares. Based on an average trading volume of 1,148,486 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.9% of the company's stock are short sold.
Who are some of NGL ENERGY PARTNERS LP's key competitors?
Some companies that are related to NGL ENERGY PARTNERS LP include Targa Resources Partners LP (NGLS), Crestwood Equity Partners LP (CEQP), CVR Refining, LP (CVRR), Suburban Propane Partners, L.P. (SPH), Cosan Limited (CZZ), American Midstream Partners, LP (AMID), Alon USA Partners, LP (ALDW), Sprague Resources LP (SRLP), Clean Energy Fuels Corp. (CLNE), Arc Logistic Partners LP (ARCX), Aegean Marine Petroleum Network (ANW) and Midcoast Energy Partners LP (MEP).
Who are NGL ENERGY PARTNERS LP's key executives?
NGL ENERGY PARTNERS LP's management team includes the folowing people:
- Shawn W. Coady, President, Director, Chief Operating Officer, Retail Division of the General Partner
- H. Michael Krimbill, Chief Executive Officer, Director of the General Partner
- Robert W. Karlovich III, Chief Financial Officer of General Partner
- Vincent J. Osterman, President - Eastern Retail Propane Operations and Director of the General Partner
- Lawrence J. Thuillier, Chief Accounting Officer of the General Partner
- Kurston Patrick McMurray, General Counsel and Corporate Secretary of the General Partner
- Bryan K. Guderian, Director of the General Partner
- Jared Parker, Director of the General Partner
- John T. Raymond, Director of the General Partner
- Patrick Wade, Director of the General Partner
How do I buy NGL ENERGY PARTNERS LP stock?
Shares of NGL ENERGY PARTNERS LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is NGL ENERGY PARTNERS LP's stock price today?
MarketBeat Community Rating for NGL ENERGY PARTNERS LP (NYSE NGL)MarketBeat's community ratings are surveys of what our community members think about NGL ENERGY PARTNERS LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of NGL ENERGY PARTNERS LP stock can currently be purchased for approximately $11.05.
Consensus Ratings for NGL ENERGY PARTNERS LP (NYSE:NGL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$17.80 (61.09% upside)|Consensus Price Target History for NGL ENERGY PARTNERS LP (NYSE:NGL)
Analysts' Ratings History for NGL ENERGY PARTNERS LP (NYSE:NGL)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/16/2017||Stifel Nicolaus||Lower Price Target||Hold -> Hold||$13.00 -> $10.00||Low|
|8/4/2017||Royal Bank Of Canada||Lower Price Target||Outperform -> Outperform||$20.00 -> $14.00||High|
|7/17/2017||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||High|
|6/8/2017||FBR & Co||Lower Price Target||Mkt Perform||$22.00 -> $19.00||Medium|
|1/12/2017||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||$24.00||N/A|
|12/6/2016||Bank of America Corporation||Upgrade||Neutral -> Buy||$22.00||N/A|
|6/13/2016||Wunderlich||Upgrade||Hold -> Buy||$13.00 -> $20.00||N/A|
|4/13/2016||Barclays PLC||Initiated Coverage||Equal Weight||$8.00||N/A|
|3/11/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Neutral -> Sell||$12.00 -> $6.00||N/A|
Earnings History for NGL ENERGY PARTNERS LP (NYSE:NGL)Earnings History by Quarter for NGL ENERGY PARTNERS LP (NYSE NGL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q1 2018||($0.38)||($0.59)||$2.59 billion||$3.78 billion||View||Listen|
|5/25/2017||Q4 2017||$0.11||$0.14||$2.77 billion||$3.85 billion||View||N/A|
|2/7/2017||Q317||$0.41||($0.07)||$3.09 billion||$3.41 billion||View||Listen|
|11/4/2016||Q217||($0.13)||($0.71)||$2.97 billion||$3.05 billion||View||N/A|
|8/4/2016||Q117||($0.12)||$1.38||$2.48 billion||$2.72 billion||View||N/A|
|8/10/2015||Q116||($0.17)||($0.56)||$3.95 billion||$3.54 billion||View||Listen|
|6/1/2015||Q415||$0.77||$0.88||$4.69 billion||$3.22 billion||View||N/A|
|2/9/2015||Q315||$0.45||$0.41||$5.88 billion||$4.55 billion||View||N/A|
|11/10/2014||Q215||$0.03||($0.34)||$1.59 billion||$5.38 billion||View||N/A|
|5/30/2014||Q4 2014||$0.55||$0.54||$2.72 billion||$3.98 billion||View||N/A|
Earnings Estimates for NGL ENERGY PARTNERS LP (NYSE:NGL)
Current Year EPS Consensus Estimate: $-0.45 EPS
Next Year EPS Consensus Estimate: $0.36 EPS
Current Dividend Information for NGL ENERGY PARTNERS LP (NYSE:NGL)
|Dividend Growth:||-2.40% (3 Year Average)|
|Payout Ratio:||-124.80% (Trailing 12 Months of Earnings) |
-346.67% (Based on This Year's Estimates)
433.33% (Based on Next Year's Estimates)
Dividend History by Quarter for NGL ENERGY PARTNERS LP (NYSE NGL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for NGL ENERGY PARTNERS LP (NYSE:NGL)
Institutional Ownership Percentage: 68.85%Insider Trades by Quarter for NGL ENERGY PARTNERS LP (NYSE:NGL)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/11/2017||H Michael Krimbill||CEO||Buy||75,000||$8.86||$664,500.00|| |
|6/8/2017||Highstar Capital Iv, L.P.||Director||Sell||25,000||$12.60||$315,000.00|| |
|6/7/2017||Highstar Capital Iv, L.P.||Director||Sell||95,094||$13.77||$1,309,444.38|| |
|6/5/2017||Highstar Capital Iv, L.P.||Director||Sell||157,559||$13.82||$2,177,465.38|| |
|6/1/2017||Highstar Capital Iv, L.P.||Director||Sell||200,000||$13.70||$2,740,000.00|| |
|11/15/2016||H Michael Krimbill||CEO||Buy||30,000||$18.13||$543,900.00|| |
|11/14/2016||James M Collingsworth||Director||Buy||20,000||$17.52||$350,400.00|| |
|9/15/2016||H Michael Krimbill||CEO||Buy||20,000||$17.31||$346,200.00|| |
|8/19/2016||Lawrence J Thuillier||Insider||Sell||912||$18.22||$16,616.64|| |
|7/7/2016||James J Burke||President||Sell||13,070||$18.31||$239,311.70|| |
|7/6/2016||Lawrence J Thuillier||CAO||Sell||4,256||$18.47||$78,608.32|| |
|7/6/2016||Robert W Karlovich III||CFO||Sell||10,680||$18.47||$197,259.60|| |
|7/6/2016||Shawn W Coady||Insider||Sell||13,070||$18.47||$241,402.90|| |
|3/15/2016||H Michael Krimbill||CEO||Buy||100,000||$6.66||$666,000.00|| |
|3/14/2016||James M Collingsworth||Director||Buy||12,500||$6.98||$87,250.00|| |
|2/12/2016||James M Collingsworth||Director||Buy||2,250||$6.46||$14,535.00|| |
|12/4/2015||H Michael Krimbill||CEO||Buy||20,000||$13.68||$273,600.00|| |
|12/4/2015||Shawn W Coady||Insider||Buy||15,000||$14.31||$214,650.00|| |
|12/3/2015||James M Collingsworth||Director||Buy||10,000||$12.97||$129,700.00|| |
|11/23/2015||H Michael Krimbill||CEO||Buy||10,000||$18.04||$180,400.00|| |
|8/25/2015||H Michael Krimbill||CEO||Buy||10,000||$23.71||$237,100.00|| |
|8/17/2015||Bryan K Guderian||Director||Buy||2,500||$27.22||$68,050.00|| |
|8/14/2015||Vincent J Osterman||Insider||Buy||10,000||$27.15||$271,500.00|| |
|8/13/2015||James C Kneale||Director||Buy||2,500||$26.63||$66,575.00|| |
|3/11/2015||H Michael Krimbill||CEO||Buy||20,000||$26.98||$539,600.00|| |
|12/15/2014||Shawn W Coady||Insider||Buy||5,000||$24.20||$121,000.00|| |
|12/12/2014||H Michael Krimbill||CEO||Buy||20,000||$23.04||$460,800.00|| |
|11/26/2014||Vincent J Osterman||Insider||Sell||5,000||$36.44||$182,200.00|| |
|11/13/2014||H Michael Krimbill||CEO||Buy||20,000||$31.66||$633,200.00|| |
|11/13/2014||James C Kneale||Director||Buy||2,000||$31.88||$63,760.00|| |
|11/13/2014||Vincent J Osterman||Insider||Sell||5,000||$31.60||$158,000.00|| |
|10/31/2014||Vincent J Osterman||Insider||Sell||5,000||$34.59||$172,950.00|| |
|10/14/2014||Vincent J Osterman||Insider||Sell||5,000||$31.59||$157,950.00|| |
|10/3/2014||Vincent J Osterman||Insider||Sell||5,000||$38.85||$194,250.00|| |
|9/19/2014||Vincent J Osterman||Insider||Sell||5,000||$42.40||$212,000.00|| |
|9/8/2014||David C Kehoe||VP||Sell||15,322||$42.68||$653,942.96|| |
|9/4/2014||David C Kehoe||VP||Sell||23,408||$42.56||$996,244.48|| |
|9/3/2014||Vincent J Osterman||Insider||Sell||5,000||$42.56||$212,800.00|| |
|9/2/2014||David C Kehoe||VP||Sell||30,000||$42.47||$1,274,100.00|| |
|8/28/2014||David C Kehoe||VP||Sell||30,000||$42.42||$1,272,600.00|| |
|8/26/2014||David C Kehoe||VP||Sell||11,815||$42.80||$505,682.00|| |
|8/21/2014||Vincent J Osterman||Insider||Sell||5,000||$42.51||$212,550.00|| |
|8/20/2014||Vincent J Osterman||Insider||Sell||2,500||$42.18||$105,450.00|| |
|8/6/2014||Vincent J Osterman||Insider||Sell||5,000||$42.40||$212,000.00|| |
|8/5/2014||Corp Semgroup||Major Shareholder||Sell||1,480,841||$42.21||$62,506,298.61|| |
|7/24/2014||Vincent J Osterman||Insider||Sell||5,000||$43.46||$217,300.00|| |
|7/23/2014||Vincent J Osterman||Insider||Sell||2,500||$43.36||$108,400.00|| |
|7/11/2014||Vincent J Osterman||Insider||Sell||5,000||$43.38||$216,900.00|| |
|6/25/2014||Vincent J Osterman||Insider||Sell||5,000||$43.61||$218,050.00|| |
|6/10/2014||Vincent J Osterman||Insider||Sell||5,000||$42.98||$214,900.00|| |
|6/9/2014||John T Raymond||Director||Sell||2,000,000||$39.28||$78,560,000.00|| |
|5/30/2014||Vincent J Osterman||Insider||Sell||5,000||$39.65||$198,250.00|| |
|5/16/2014||Vincent Osterman||Insider||Sell||5,000||$39.03||$195,150.00|| |
|4/30/2014||Vincent Osterman||Insider||Sell||5,000||$38.66||$193,300.00|| |
|4/17/2014||Vincent Osterman||Insider||Sell||5,000||$38.57||$192,850.00|| |
|4/4/2014||Vincent Osterman||Insider||Sell||5,000||$39.05||$195,250.00|| |
|3/21/2014||Vincent Osterman||Insider||Sell||5,000||$35.90||$179,500.00|| |
|3/5/2014||Vincent Osterman||Insider||Sell||5,000||$36.83||$184,150.00|| |
|6/6/2013||Emg Ngl Hc Llc||Major Shareholder||Sell||2,000,000||$27.30||$54,600,000.00|| |
|2/26/2013||Brian K Pauling||Insider||Sell||7,682||$24.09||$185,059.38|| |
|12/14/2012||H Michael Krimbill||CEO||Buy||150,000||$21.80||$3,270,000.00|| |
|12/11/2012||Kevin Clement||Director||Buy||5,000||$22.50||$112,500.00|| |
|12/3/2012||James C Kneale||Director||Buy||2,500||$22.70||$56,750.00|| |
|11/27/2012||H Michael Krimbill||CEO||Buy||50,000||$23.27||$1,163,500.00|| |
|11/20/2012||Stephen L Cropper||Director||Buy||10,000||$23.50||$235,000.00|| |
Headline Trends for NGL ENERGY PARTNERS LP (NYSE:NGL)
Latest Headlines for NGL ENERGY PARTNERS LP (NYSE:NGL)
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NGL ENERGY PARTNERS LP (NGL) Chart for Tuesday, October, 24, 2017