Should I buy or sell NGL Energy Partners stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NGL Energy Partners in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NGL shares. 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 NGL analyst ratings or view top-rated stocks .

How have NGL shares performed in 2024?

NGL Energy Partners' stock was trading at $5.57 on January 1st, 2024. Since then, NGL stock has increased by 4.7% and is now trading at $5.83. View the best growth stocks for 2024 here .

Are investors shorting NGL Energy Partners?

NGL Energy Partners saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 2,550,000 shares, an increase of 25.0% from the December 15th total of 2,040,000 shares. Based on an average daily trading volume, of 467,500 shares, the days-to-cover ratio is currently 5.5 days. Currently, 2.3% of the company's shares are short sold. View NGL Energy Partners' Short Interest .

When is NGL Energy Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024. View our NGL earnings forecast .

How were NGL Energy Partners' earnings last quarter?

NGL Energy Partners LP (NYSE:NGL) posted its quarterly earnings data on Monday, June, 6th. The oil and gas company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.63. The oil and gas company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.09 billion. NGL Energy Partners had a net margin of 0.34% and a trailing twelve-month return on equity of 23.34%. During the same quarter in the prior year, the business earned ($0.50) earnings per share.

What ETFs hold NGL Energy Partners' stock?

ETFs with the largest weight of NGL Energy Partners (NYSE:NGL) stock in their portfolio include Unusual Whales Subversive Republican Trading ETF (KRUZ) . Global X MLP ETF (MLPA) .

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

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

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' major shareholders?

NGL Energy Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Fractal Investments LLC (0.63%), ING Groep NV (0.61%), BNP Paribas Financial Markets (0.43%), UBS Group AG (0.27%), NBW Capital LLC (0.24%) and Whittier Trust Co. (0.09%). Insiders that own company stock include Bradley P Cooper, Derek S Reiners, H Michael Krimbill , James M Collingsworth , John Ciolek and Kurston Patrick Mcmurray . View institutional ownership trends .

How do I buy shares of NGL Energy Partners?

Shares of NGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:NGL

NGL Energy Partners (NGL) Stock Price, News & Analysis

$5.83

+0.06 (+1.04%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $5.65
▼
$5.90
50-Day Range: $4.19
▼
$5.96
52-Week Range: $1.90
▼
$5.99

Volume: 788,900 shs
Average Volume: 449,236 shs
Market Capitalization: $772.53 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Get NGL Energy Partners alerts:

NGL Energy Partners MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
2.49% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.95
Based on 15 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2,900.00%
From $0.01 to $0.30 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.62 out of 5 stars

Oils/Energy Sector

221st out of 231 stocks

Natural Gas Transmission Industry

18th out of 18 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for NGL Energy Partners.

2.0

Short Interest

Percentage of Shares Shorted
2.49% of the float of NGL Energy Partners has been sold short.
Short Interest Ratio / Days to Cover
NGL Energy Partners has a short interest ratio ("days to cover") of 5.9.
Change versus previous month
Short interest in NGL Energy Partners has recently increased by 8.63%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
NGL Energy Partners does not currently pay a dividend.
Dividend Growth
NGL Energy Partners does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NGL.

3.3

News and Social Media Coverage

News Sentiment
NGL Energy Partners has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for NGL Energy Partners this week, compared to 2 articles on an average week.
Search Interest
16 people have searched for NGL on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added NGL Energy Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days.

0.0

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
Only 34.17% of the stock of NGL Energy Partners is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for NGL Energy Partners are expected to grow by 2,900.00% in the coming year, from $0.01 to $0.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NGL Energy Partners is -9.88, 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 -9.88, 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 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NGL Energy Partners Stock (NYSE:NGL)

NGL Energy Partners LP is a vertically integrated master limited partnership operating a network of midstream pipelines and storage facilities. The company is a diversified play on mid-stream operations offering multiple services for producers and consumers alike. Founded in 1944, the company is headquartered in Tulsa, Oklahoma.

The company, through a network of subsidiaries, is in business to transport, store, blend, and market crude oil, natural gas liquids, refined products, renewables, and water solutions in the United States. The company seeks to generate positive cash flow through its businesses and deliver returns to shareholders in the form of dividends, organic, and accretive growth. Organic growth is achieved by investing in new assets while accretive growth includes the acquisition of assets that complement the existing portfolio.

NGL Energy Partners operates in three segments that include Water Solutions, Crude Oil Logistics, and Natural Gas Liquids Logistics.

The Water Solutions segment transports, sells, reclaims, and recycles water for oil and natural gas production. This segment also aggregates recovered crude oil for sale, disposes of wastes, and performs cleaning services for trucks and fracking tanks along with other services.

The Crude Oil Logistics segment buys and transports crude oil and equivalents to refiners for processing and sale at pipeline heads and other trade hubs. This segment also provides storage and transportation services for third parties.

The Liquids Logistics segment supplies LNG, refined petroleum products, and biodiesel to commercial, retail, and industrial consumers in North America. This segment operates through a network of 24 terminals that are supported by third-party storage facilities, common carrier pipelines, and a fleet of leased railcars.

NGL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NGL Stock News Headlines

February 11, 2024 | seekingalpha.com

NGL Energy Preferred: Arrearage Getting Cleaned Up Shortly, Great Income After

February 10, 2024 | msn.com

New Mexico gov. unveils 50-year water plan that targets industry, agriculture

February 12, 2024 | The Oxford Club (Ad)

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February 9, 2024 | finance.yahoo.com

NGL Energy Partners LP (NYSE:NGL) Q3 2024 Earnings Call Transcript

February 9, 2024 | finance.yahoo.com

Q3 2024 NGL Energy Partners LP Earnings Call

February 9, 2024 | msn.com

NGL Energy Partners GAAP EPS of $0.08 beats by $0.05, revenue of $1.87B misses by $180M

February 8, 2024 | benzinga.com

NGL Energy Partners: Q3 Earnings Insights

February 8, 2024 | finance.yahoo.com

NGL Energy Partners Announces Cash Distribution

February 12, 2024 | The Oxford Club (Ad)

One company did the impossible with AI

February 8, 2024 | markets.businessinsider.com

Neutral Outlook on NGL Energy Partners Amidst Debt Refinancing and Distribution Adjustments

February 8, 2024 | markets.businessinsider.com

Here's what to expect from NGL Energy Partners LP Partnership Units's earnings

February 7, 2024 | benzinga.com

Preview: NGL Energy Partners's Earnings

February 6, 2024 | stockhouse.com

NGL Energy Partners LP Announces Cash Distribution of 50% of Outstanding Arrearages for Class B, Class C and Class D Preferred Units

February 6, 2024 | americanbankingnews.com

NGL Energy Partners (NGL) Scheduled to Post Quarterly Earnings on Thursday

February 5, 2024 | finance.yahoo.com

What Will NGL Energy Partners' (NGL) Q3 Earnings Unveil?

February 3, 2024 | msn.com

NGL Energy Partners Announces New Financial Obligations

February 3, 2024 | msn.com

NGL Energy Partners Announces Notes Offering Closure

February 2, 2024 | finance.yahoo.com

NGL Closes $2.9 Billion Debt Refinancing Transactions and Amends and Extends Asset-Based Revolving Credit Facility

January 30, 2024 | finance.yahoo.com

NGL Energy Partners subsidiary expands water disposal pipeline in Permian Basin

January 25, 2024 | msn.com

NGL Energy Partners announces pricing of $2.2B offering of senior secured notes

January 25, 2024 | finance.yahoo.com

NGL Energy Partners LP Announces Pricing of $2.2 Billion Offering of Senior Secured Notes

January 23, 2024 | finance.yahoo.com

NGL Energy Partners LP Announces $2.1 Billion Offering of Senior Secured Notes

January 23, 2024 | wsj.com

NGL Energy Partners LP

January 23, 2024 | stocknews.com

3 Buy-Rated Energy Gems Driving Profits

January 22, 2024 | finance.yahoo.com

NGL Energy Partners LP Announces LEX II Large Diameter Pipeline Supported by New MVC and Extension of Acreage Dedication

January 18, 2024 | benzinga.com

Congressional Trading Report: Rep. Mark Green Sold Over $100K In NGL Energy Partners Stock

January 17, 2024 | finance.yahoo.com

NGL Energy Partners LP Announces $700 Million Senior Secured Term Loan Facility and Provides Financial Update

See More Headlines

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Company Calendar

Last Earnings: 6/06/2022
Today: 2/12/2024
Fiscal Year End: 3/31/2024
Next Earnings (Estimated): 5/29/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Natural gas transmission
Sub-Industry: N/A
Current Symbol: NYSE:NGL
CUSIP: N/A
CIK: 1504461
Web: www.nglenergypartners.com
Phone: (918) 481-1119
Fax: 302-655-5049
Employees: 638
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.59)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 583.00
P/E Growth: N/A
Net Income: $51.39 million
Net Margins: 0.34%
Pretax Margin: 0.83%
Return on Equity: 22.44%
Return on Assets: 1.90%

Debt

Debt-to-Equity Ratio: 5.24
Current Ratio: 1.23
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: $8.69 billion
Price / Sales: 0.09
Cash Flow: $2.30 per share
Price / Cash Flow: 2.53
Book Value: $3.19 per share
Price / Book: 1.83

Miscellaneous

Outstanding Shares: 132,510,000
Free Float: N/A
Market Cap: $772.53 million
Optionable: Optionable
Beta: 1.67

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Key Executives

Mr. H. Michael Krimbill (Age 70)
President, CEO, & Director of NGL Energy Holdings LLC
Comp: $666.96k
Mr. Bradley P. Cooper (Age 48)
Executive VP & CFO of NGL Energy Holdings LLC
Comp: $806.51k
Mr. Lawrence J. Thuillier (Age 53)
Chief Accounting Officer of NGL Energy Holdings LLC
Comp: $565.33k
Mr. Kurston P. McMurray (Age 52)
Executive VP, General Counsel & Corporate Secretary of NGL Energy Holdings LLC
Comp: $1.03M
Ms. Jennifer Kingham
Senior VP & Chief Information Officer
Mr. Brian Cannon (Age 47)
Senior Vice President of Marketing (Refined Products) - NGL Energy Holdings LLC
Mr. Vincent J. Osterman (Age 67)
President of Eastern Retail Operations
Comp: $388.11k
Mr. James F. Winter
Senior Vice President of NGL Water Solutions - NGL Energy Holdings LLC
Mr. Don Robinson
Executive Vice President of Crude Oil Logistics
Mr. Douglas W. White
Executive Vice President of NGL Water Solutions - NGL Energy Holdings LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NGL Stock Analysis - Frequently Asked Questions

Should I buy or sell NGL Energy Partners stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NGL Energy Partners in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NGL shares. 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 NGL analyst ratings or view top-rated stocks.
How have NGL shares performed in 2024?: NGL Energy Partners' stock was trading at $5.57 on January 1st, 2024. Since then, NGL stock has increased by 4.7% and is now trading at $5.83.
View the best growth stocks for 2024 here.
Are investors shorting NGL Energy Partners?: NGL Energy Partners saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 2,550,000 shares, an increase of 25.0% from the December 15th total of 2,040,000 shares. Based on an average daily trading volume, of 467,500 shares, the days-to-cover ratio is currently 5.5 days. Currently, 2.3% of the company's shares are short sold.
View NGL Energy Partners' Short Interest.
When is NGL Energy Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024.
View our NGL earnings forecast.
How were NGL Energy Partners' earnings last quarter?: NGL Energy Partners LP (NYSE:NGL) posted its quarterly earnings data on Monday, June, 6th. The oil and gas company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.63. The oil and gas company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.09 billion. NGL Energy Partners had a net margin of 0.34% and a trailing twelve-month return on equity of 23.34%. During the same quarter in the prior year, the business earned ($0.50) earnings per share.
What ETFs hold NGL Energy Partners' stock?: ETFs with the largest weight of NGL Energy Partners (NYSE:NGL) stock in their portfolio include Unusual Whales Subversive Republican Trading ETF (KRUZ).Global X MLP ETF (MLPA).

What is H. Michael Krimbill's approval rating as NGL Energy Partners' CEO?: 26 employees have rated NGL Energy Partners Chief Executive Officer H. Michael Krimbill on Glassdoor.com. H. Michael Krimbill has an approval rating of 27% among the company's employees. This puts H. Michael Krimbill in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
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' major shareholders?: NGL Energy Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Fractal Investments LLC (0.63%), ING Groep NV (0.61%), BNP Paribas Financial Markets (0.43%), UBS Group AG (0.27%), NBW Capital LLC (0.24%) and Whittier Trust Co. (0.09%). Insiders that own company stock include Bradley P Cooper, Derek S Reiners, H Michael Krimbill, James M Collingsworth, John Ciolek and Kurston Patrick Mcmurray.
View institutional ownership trends.
How do I buy shares of NGL Energy Partners?: Shares of NGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NGL) was last updated on 2/12/2024 by MarketBeat.com Staff

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