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.
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Industry, Sector and Symbol
Industry Petroleum products, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
Phone918-481-1119
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$24.02 billion
Profitability
Miscellaneous
Employees1,300
Next Earnings Date11/14/2019 (Estimated)
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 declared a quarterly dividend on Tuesday, July 23rd. Investors of record on Wednesday, August 7th will be paid a dividend of $0.39 per share on Wednesday, August 14th. This represents a $1.56 annualized dividend and a dividend yield of 12.17%. The ex-dividend date of this dividend is Tuesday, August 6th. View NGL Energy Partners' Dividend History.
How will NGL Energy Partners' stock buyback program work?
NGL Energy Partners declared that its board has authorized a share repurchase plan on Thursday, August 31st 2017, which permits the company to buyback $15,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its stock is undervalued.
How were NGL Energy Partners' earnings last quarter?
NGL Energy Partners LP (NYSE:NGL) announced its earnings results on Thursday, August, 8th. The oil and gas company reported ($0.96) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.89. The oil and gas company had revenue of $6.64 billion for the quarter, compared to the consensus estimate of $5.40 billion. NGL Energy Partners had a net margin of 1.54% and a negative return on equity of 1.15%. The company's revenue was up 13.6% on a year-over-year basis. View NGL Energy Partners' Earnings History.
When is NGL Energy Partners' next earnings date?
What price target have analysts set for NGL?
7 analysts have issued 12 month price objectives for NGL Energy Partners' stock. Their predictions range from $11.00 to $18.00. On average, they expect NGL Energy Partners' stock price to reach $15.5714 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price. View Analyst Price Targets for NGL Energy Partners.
What is the consensus analysts' recommendation for NGL Energy Partners?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NGL Energy Partners in the last year. There are currently 3 hold ratings and 4 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?
News articles about NGL stock have trended negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. 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 news impact score of -2.3 on InfoTrie's scale. They also assigned media stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for NGL Energy Partners.
Are investors shorting NGL Energy Partners?
NGL Energy Partners saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 5,774,600 shares, an increase of 19.1% from the June 30th total of 4,847,400 shares. Based on an average trading volume of 667,600 shares, the short-interest ratio is presently 8.6 days. Approximately 5.1% 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?
What other stocks do shareholders of NGL Energy Partners own?
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 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)
Who are NGL Energy Partners' major shareholders?
NGL Energy Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Invesco Ltd. (16.68%), Alps Advisors Inc. (8.07%), JPMorgan Chase & Co. (2.60%), RR Advisors LLC (2.16%), Bank of Montreal Can (1.62%) and Bank of America Corp DE (1.26%). 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 Alps Advisors Inc., Morgan Stanley, Marshall Wace North America L.P., Greenwich Investment Management Inc., RR Advisors LLC, Acadian Asset Management LLC, Natixis and ELCO Management Co. LLC. 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 Invesco Ltd., Wells Fargo & Company MN, JPMorgan Chase & Co., Duff & Phelps Investment Management Co., BNP Paribas Arbitrage SA, Centaurus Financial Inc., Infrastructure Capital Advisors LLC and Bank of Montreal Can. 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 $12.82.
How big of a company is NGL Energy Partners?
NGL Energy Partners has a market capitalization of $1.62 billion 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?
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.
