NYSE:NGLNGL Energy Partners Stock Price, Forecast & News

$3.66

+0.06 (+1.67 %)

(As of 07/10/2020 04:00 PM ET)

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Today's Range

$3.46

Now: $3.66▼

$3.73

50-Day Range

$3.60

MA: $5.14▼

$6.94

52-Week Range

$1.15

Now: $3.66▼

$15.70

Volume1.29 million shs

Average Volume1.86 million shs

Market Capitalization$471.30 million

P/E RatioN/A

Dividend Yield22.22%

Beta3

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^™

3.9 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 $6.63, NGL Energy Partners has a potential upside of 81.0% from its current price of $3.66.
Amount of Analyst Coverage
NGL Energy Partners has been the subject of 5 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 431 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NGL Energy Partners has received 458 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NGL Energy Partners has received 51.52% “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 22.22%, 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 140.35% 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 $69,700.00 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.

2.5 Earnings and Valuation

Earnings Growth
Earnings for NGL Energy Partners are expected to grow by 96.55% in the coming year, from $0.29 to $0.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NGL Energy Partners is -0.80, 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 -0.80, 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 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.90 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 Ratio2.35

Current Ratio0.92

Quick Ratio0.83

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio12.62

P/E GrowthN/A

Sales & Book Value

Annual Sales$7.58 billion

Price / Sales0.06

Cash Flow$4.31 per share

Price / Cash Flow0.85

Book Value$10.81 per share

Price / Book0.34

Profitability

EPS (Most Recent Fiscal Year)$0.61

Net Income$-397,010,000.00

Net Margins-3.80%

Return on Equity3.03%

Return on Assets0.76%

Miscellaneous

Employees1,400

Outstanding Shares128,770,000

Market Cap$471.30 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NGL shares have increased by 4.0% and is now trading at $3.66. 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 earnings results on Monday, June, 1st. The oil and gas company reported ($2.09) earnings per share for the quarter, missing the consensus estimate of $0.11 by $2.20. The oil and gas company earned $1.68 billion during the quarter, compared to the consensus estimate of $1.93 billion. NGL Energy Partners had a positive return on equity of 3.03% and a negative net margin of 3.80%. The company's revenue for the quarter was down 20.8% on a year-over-year basis. During the same quarter last year, the company earned $0.20 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 announced a quarterly dividend on Monday, April 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 21.86%. The ex-dividend date is Wednesday, May 6th. View NGL Energy Partners' dividend history.

What price target have analysts set for NGL?

8 Wall Street analysts have issued 12 month price targets 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 $6.63 in the next year. This suggests a possible upside of 81.0% from the stock's current price. View analysts' price targets for NGL Energy Partners.

Has NGL Energy Partners been receiving favorable news coverage?

Media coverage about NGL stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. 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 news sentiment score of -1.2 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about NGL Energy Partners.

Are investors shorting NGL Energy Partners?

NGL Energy Partners saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 5,030,000 shares, a decrease of 32.5% from the June 15th total of 7,450,000 shares. Based on an average daily trading volume, of 2,000,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 4.3% of the company's shares 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."

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 $3.66.

How big of a company is NGL Energy Partners?

NGL Energy Partners has a market capitalization of $471.30 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 7/11/2020 by MarketBeat.com Staff

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