NGL Other Operating Expenses from 2010 to 2024

NGL Stock  USD 4.65  0.02  0.43%   
NGL Energy Other Operating Expenses yearly trend continues to be quite stable with very little volatility. Other Operating Expenses may rise above about 8.3 B this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2009-03-31
Previous Quarter
1.3 B
Current Value
1.3 B
Quarterly Volatility
1.8 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NGL Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NGL Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 279.8 M, Interest Expense of 139.2 M or Selling General Administrative of 85.4 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.15 or PTB Ratio of 0.78. NGL financial statements analysis is a perfect complement when working with NGL Energy Valuation or Volatility modules.
  
Check out the analysis of NGL Energy Correlation against competitors.

Latest NGL Energy's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of NGL Energy Partners over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NGL Energy Partners. It is also known as NGL Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. NGL Energy's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NGL Energy's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Pretty Stable
   Other Operating Expenses   
       Timeline  

NGL Other Operating Expenses Regression Statistics

Arithmetic Mean8,412,416,154
Geometric Mean6,589,615,040
Coefficient Of Variation56.32
Mean Deviation3,435,193,343
Median8,259,976,313
Standard Deviation4,738,250,317
Sample Variance22451016.1T
Range16.2B
R-Value0.17
Mean Square Error23467581.5T
R-Squared0.03
Significance0.54
Slope181,616,408
Total Sum of Squares314314224.9T

NGL Other Operating Expenses History

20248.3 B
20236.8 B
20228.3 B
20217.8 B
20205.1 B
20197.3 B
20188.5 B

About NGL Energy Financial Statements

NGL Energy investors utilize fundamental indicators, such as Other Operating Expenses, to predict how NGL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Operating Expenses6.8 B8.3 B

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When determining whether NGL Energy Partners is a strong investment it is important to analyze NGL Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NGL Energy's future performance. For an informed investment choice regarding NGL Stock, refer to the following important reports:
Check out the analysis of NGL Energy Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NGL Energy. If investors know NGL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NGL Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Earnings Share
(2.34)
Revenue Per Share
50.855
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0357
The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NGL Energy's market value can be influenced by many factors that don't directly affect NGL Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.