NGL Energy Partners LP (NGL)

NYSE: NGL · IEX Real-Time Price · USD
5.72
-0.07 (-1.21%)
Apr 17, 2024, 4:00 PM EDT - Market closed
-1.21%
Market Cap 757.97M
Revenue (ttm) 7.38B
Net Income (ttm) -78.61M
Shares Out 132.51M
EPS (ttm) -0.60
PE Ratio n/a
Forward PE 8.15
Dividend n/a
Ex-Dividend Date n/a
Volume 284,384
Open 5.77
Previous Close 5.79
Day's Range 5.69 - 5.85
52-Week Range 2.63 - 6.20
Beta 1.63
Analysts Hold
Price Target 4.00 (-30.07%)
Earnings Date May 29, 2024

About NGL

NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs... [Read more]

Sector Energy
IPO Date May 12, 2011
Employees 638
Stock Exchange NYSE
Ticker Symbol NGL
Full Company Profile

Financial Performance

In 2022, NGL's revenue was $8.69 billion, an increase of 9.40% compared to the previous year's $7.95 billion. Losses were -$73.23 million, -74.63% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NGL stock is "Hold" and the 12-month stock price forecast is $4.0.

Price Target
$4.0
(-30.07% downside)
Analyst Consensus: Hold
Stock Forecasts

News

NGL Energy Partners LP Announces the Payment of All Outstanding Distribution Arrearages for Class B, Class C and Class D Preferred Units as of Payment Date April 25, 2024

TULSA, Okla.--(BUSINESS WIRE)--NGL Announces Payment of All Outstanding Distribution Arrearages for Class B, Class C and Class D Preferred Units as of April 25, 2024.

8 days ago - Business Wire

NGL Energy Partners LP Announces Sale of the New Mexico Ranches

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Sale of the New Mexico Ranches.

12 days ago - Business Wire

NGL Energy Partners LP Announces Cash Distribution of 55.4% of Outstanding Arrearages for Class B, Class C and Class D Preferred Units

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Cash Distribution of 55.4% of Outstanding Arrearages for Class B, Class C and Class D Preferred Units.

13 days ago - Business Wire

NGL Energy Partners LP Announces Status of Investor Tax Packages

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Status of Investor Tax Packages.

6 weeks ago - Business Wire

NGL Energy Partners LP Announces Third Quarter Fiscal 2024 Financial Results

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Third Quarter Fiscal 2024 Financial Results.

2 months ago - Business Wire

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

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Cash Distribution of 50% of Outstanding Arrearages for Class B, Class C and Class D Preferred Units.

2 months ago - Business Wire

NGL Energy Partners Announces Earnings Call

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners Announces Earnings Call.

2 months ago - Business Wire

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

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Pricing of $2.2 Billion Offering of Senior Secured Notes.

2 months ago - Business Wire

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

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces $2.1 Billion Offering of Senior Secured Notes.

3 months ago - Business Wire

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

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces LEX II Large Diameter Pipeline Supported by New MVC and Extension of Acreage Dedication.

3 months ago - Business Wire

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

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces $700 Million Senior Secured Term Loan Facility and Provides Financial Update.

3 months ago - Business Wire

NGL Energy Partners LP Announces 2023 Open Season for Grand Mesa Pipeline Starting December 6, 2023

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces 2023 Open Season for Grand Mesa Pipeline Starting December 6, 2023.

4 months ago - Business Wire

NGL Energy Partners LP Announces Second Quarter Fiscal 2024 Financial Results

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Second Quarter Fiscal 2024 Financial Results.

5 months ago - Business Wire

NGL Energy Partners LP Announces First Quarter Fiscal 2024 Financial Results

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces First Quarter Fiscal 2024 Financial Results.

9 months ago - Business Wire

NGL Energy Partners LP Announces Availability of its 2022 Schedule K-3s

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Availability of its 2022 Schedule K-3s.

9 months ago - Business Wire

The Best Performing Energy Stocks Of Q2 2023

The second quarter and first half of 2023 have ended. Here were the best performing energy stocks of the quarter.

Other symbols: COPEPMEQTSWNSHEL
10 months ago - Forbes

NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2023 Financial Results; Guidance for Fiscal 2024

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2023 Financial Results; Guidance for Fiscal 2024.

11 months ago - Business Wire

NGL Energy Partners LP Completes Divestiture of Marine Assets, 23 Unsecured Note Redemption and Debt and Leverage Update

NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) is announcing the completion of the Marine asset sale, redemption of the all 7.5% unsecured senior notes due in November 20...

1 year ago - Business Wire

NGL Energy Partners LP Signs Agreements to Sell Marine Assets for $111.65MM

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Signs Agreements to Sell Marine Assets for $111.

1 year ago - Business Wire

NGL Energy Partners LP Announces Redemption of 7.5% Senior Notes due 2023

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today announced that it intends to call for redemption, all $203,400,000 aggregate outstandi...

1 year ago - Business Wire

NGL Energy Partners LP Announces $600 Million Permanent ABL Commitment

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) announced a permanent commitment in our ABL Facility of $600 million. On April 13, 2022, the...

1 year ago - Business Wire

NGL Energy Partners LP Announces Third Quarter Fiscal 2023 Financial Results

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its third quarter Fiscal 2023 financial results.

1 year ago - Business Wire

NGL Energy Partners LP Announces Increase in Adjusted EBITDA Guidance, Indebtedness at December 31, 2022 and Appointment of New Chief Financial Officer

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE: NGL) (“the “Partnership” or “NGL”) announced an increase to its Fiscal 2023 Adjusted EBITDA guidance today. The Partnership has increased...

1 year ago - Business Wire

NGL Energy Partners LP to Attend the Wells Fargo 2022 Leveraged Finance Conference

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP to Attend the Wells Fargo 2022 Leveraged Finance Conference

1 year ago - Business Wire