NYSE:NGL

NGL Energy Partners Stock Forecast, Price & News

$2.79

-0.02 (-0.71 %)

(As of 01/26/2021 10:46 AM ET)

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Today's Range

$2.78

Now: $2.79▼

$2.93

50-Day Range

$2.40

MA: $2.73▼

$3.14

52-Week Range

$1.15

Now: $2.79▼

$11.06

Volume37,905 shs

Average Volume3.02 million shs

Market Capitalization$359.27 million

P/E RatioN/A

Dividend Yield13.42%

Beta2.82

NGL Energy Partners LP engages in the crude oil logistics, water solutions, and liquids and refined products businesses. The company's Crude Oil Logistics segment purchases crude oil from producers and marketers, 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, and pipeline transportation services. Its Water Solutions segment is involved in the treatment and disposal of flowback water generated from crude oil and natural gas production; disposal of solids, such as tank bottoms, drilling fluids, and drilling muds, as well as performs truck and frac tank washouts; and sale of brackish non-potable water. The company's Liquids and Refined Products segment markets natural gas liquids, gasoline, diesel, propane, butane, refined petroleum, and biodiesel to retailers, wholesalers, refiners, and petrochemical plants in the United States and Canada through its 28 terminals; and purchase and delivers refined petroleum and renewable products, as well as offers terminaling and storage services. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.

MarketRank^™

Overall MarketRank^™

1.95 out of 5 stars

Oils/Energy Sector

56th out of 669 stocks

Petroleum Products, Not Elsewhere Classified Industry

3rd out of 7 stocks

2.8 Analyst's Opinion

Consensus Rating
NGL Energy Partners has received a consensus rating of Hold. The company's average rating score is 1.57, and is based on no buy ratings, 4 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.92, NGL Energy Partners has a forecasted upside of 35.5% from its current price of $2.89.
Amount of Analyst Coverage
NGL Energy Partners has received no research coverage in the past 90 days.

2.4 Community Rank

Outperform Votes
NGL Energy Partners has received 434 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NGL Energy Partners has received 471 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NGL Energy Partners has received 52.04% “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.

2.5 Dividend Strength

Dividend Leadership
NGL Energy Partners is a leading dividend payer. It pays a dividend yield of 13.42%, 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 65.57%. This payout ratio is at a healthy, sustainable level, below 75%.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NGL Energy Partners insiders have not sold or bought any company stock.
Percentage Held by Institutions
43.62% 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 ($0.70) to ($0.10) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NGL Energy Partners is -1.16, 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 -1.16, 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 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees1,400

Year FoundedN/A

Debt

Debt-to-Equity Ratio2.60

Current Ratio1.16

Quick Ratio0.87

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 / Sales0.05

Cash Flow$4.04 per share

Price / Cash Flow0.69

Book Value$10.81 per share

Price / Book0.26

Profitability

EPS (Most Recent Fiscal Year)$0.61

Net Income$-397,010,000.00

Net Margins-5.06%

Return on Equity-3.51%

Return on Assets-0.75%

Miscellaneous

Outstanding Shares128,772,000

Market Cap$359.27 million

Next Earnings Date2/4/2021 (Estimated)

OptionableOptionable

$2.79

-0.02 (-0.71 %)

(As of 01/26/2021 10:46 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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NGL Energy Partners (NYSE:NGL) Frequently Asked Questions

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

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. Since then, NGL shares have decreased by 20.7% and is now trading at $2.79.
View which stocks have been most impacted by COVID-19.

Is NGL Energy Partners a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NGL Energy Partners in the last twelve months. There are currently 3 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NGL Energy Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NGL, but not buy additional shares or sell existing shares.
View analyst ratings for NGL Energy Partners or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than NGL Energy Partners?

Wall Street analysts have given NGL Energy Partners a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but NGL Energy Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is H. Michael Krimbill's approval rating as NGL Energy Partners' CEO?

26 employees have rated NGL Energy Partners CEO H. Michael Krimbill on Glassdoor.com. H. Michael Krimbill has an approval rating of 27% among NGL Energy Partners' employees. This puts H. Michael Krimbill in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is NGL Energy Partners' next earnings date?

NGL Energy Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
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 Monday, November, 9th. The oil and gas company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.07. The oil and gas company earned $1.17 billion during the quarter, compared to the consensus estimate of $1.23 billion. NGL Energy Partners had a negative net margin of 5.06% and a negative trailing twelve-month return on equity of 3.51%. The firm's revenue was down 35.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.26) earnings per share.
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 Tuesday, October 27th. Stockholders of record on Friday, November 6th will be given a dividend of $0.10 per share on Friday, November 13th. This represents a $0.40 dividend on an annualized basis and a yield of 14.34%. The ex-dividend date of this dividend is Thursday, November 5th.
View NGL Energy Partners' dividend history.

Is NGL Energy Partners a good dividend stock?

NGL Energy Partners pays an annual dividend of $0.40 per share and currently has a dividend yield of 13.42%. NGL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of NGL Energy Partners is 65.57%. This payout ratio is at a healthy, sustainable level, below 75%.
View NGL Energy Partners' dividend history.

What price target have analysts set for NGL?

7 Wall Street analysts have issued 12-month target prices for NGL Energy Partners' shares. Their forecasts range from $2.00 to $7.00. On average, they anticipate NGL Energy Partners' stock price to reach $3.92 in the next year. This suggests a possible upside of 40.4% from the stock's current price.
View analysts' price targets for NGL Energy Partners or view Wall Street analyst' top-rated stocks.

Are investors shorting NGL Energy Partners?

NGL Energy Partners saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,520,000 shares, a decrease of 34.0% from the December 15th total of 5,330,000 shares. Based on an average trading volume of 1,460,000 shares, the short-interest ratio is currently 2.4 days. Approximately 2.9% of the company's stock are sold short.
View NGL Energy Partners' Short Interest.

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), CrossAmerica Partners (CAPL), Adams Resources & Energy (AE) and Central Energy Partners (ENGY).
View all of NGL's 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 (ET), New Residential Investment (NRZ), Washington Prime Group (WPG), CBL & Associates Properties (CBL), Golar LNG Partners (GMLP), EnLink Midstream (ENLC), DHT (DHT), Orchid Island Capital (ORC), Pennsylvania Real Estate Investment Trust (PEI) and New York Mortgage Trust (NYMT).

Who are NGL Energy Partners' key executives?

NGL Energy Partners' management team includes the following people:

Mr. H. Michael Krimbill, CEO, Pres & Director of NGL Energy Holdings LLC (Age 67, Pay $2.14M)
Mr. Robert W. Karlovich III, Exec. VP, CFO & Treasurer of NGL Energy Holdings LLC (Age 44, Pay $1.01M)
Mr. Lawrence J. Thuillier, Chief Accounting Officer of NGL Energy Holdings LLC (Age 50, Pay $279.67k)
Mr. Kurston P. McMurray, Exec. VP, Gen. Counsel & Corp. Sec. of NGL Energy Holdings LLC (Age 49, Pay $882.9k)
Mr. John A. Ciolek, Exec. VP of Strategic Initiatives - NGL Energy Holdings LLC (Age 56, Pay $421.27k)
Ms. Jennifer Kingham, Sr. VP & Chief Information Officer
Ms. Audra Hamilton, Sr. VP of Admin. & Legal Counsel
Ms. Linda Bridges, Sr. VP of Fin. & Treasurer
Mr. Brian Cannon, Sr. VP of Marketing (Refined Products) - NGL Energy Holdings LLC (Age 44)
Mr. James F. Winter, Sr. VP of NGL Water Solutions - NGL Energy Holdings LLC

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 investors include Janney Montgomery Scott LLC (0.03%) and Foster Group Inc. (0.02%). Company insiders that own NGL Energy Partners stock include Derek S Reiners, H Michael Krimbill, 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 Janney Montgomery Scott LLC.
View insider buying and selling activity for NGL Energy Partners or view top insider-selling stocks.

Which institutional investors are buying NGL Energy Partners stock?

NGL stock was bought by a variety of institutional investors in the last quarter, including Foster Group Inc.. 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, Kurston Patrick Mcmurray, and Robert W Karlovich III.
View insider buying and selling activity for NGL Energy Partners or or view top insider-buying stocks.

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 WeBull, 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 $2.79.

How big of a company is NGL Energy Partners?

NGL Energy Partners has a market capitalization of $359.27 million and generates $7.58 billion in revenue each year. The oil and gas company earns $-397,010,000.00 in net income (profit) each year or $0.61 on an earnings per share basis. NGL Energy Partners employs 1,400 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 1/26/2021 by MarketBeat.com Staff

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