NGL Energy Financials
| NGL-PB Preferred Stock | USD 23.40 0.38 1.60% |
NGL |
Please note, the presentation of NGL Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NGL Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of NGL Energy's management manipulating its earnings.
NGL Energy Preferred Stock Summary
NGL Energy competes with GasLog Partners, Global Partners, Martin Midstream, NGL Energy, and GasLog Partners. NGL Energy Partners LP engages in the crude oil logistics, water solutions, and liquids and refined products businesses. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma. NGL ENERGY operates under Oil Gas Refining Marketing classification in the United States and is traded on NYQ Exchange. It employs 1400 people.Specialization | Energy, Oil & Gas Midstream |
| Instrument | USA Preferred Stock View All |
| Exchange | New York Stock Exchange |
| CUSIP | 62913M206 |
| Location | Oklahoma; U.S.A |
| Business Address | 6120 South Yale |
| Sector | Energy |
| Industry | Oil & Gas Refining & Marketing |
| Benchmark | Dow Jones Industrial |
| Website | www.nglenergypartners.com |
| Phone | 918 481 1119 |
| Currency | USD - US Dollar |
NGL Energy Key Financial Ratios
NGL Energy's financial ratios allow both analysts and investors to convert raw data from NGL Energy's financial statements into concise, actionable information that can be used to evaluate the performance of NGL Energy over time and compare it to other companies across industries.| Return On Equity | 0.0425 | ||||
| Return On Asset | 0.032 | ||||
| Number Of Employees | 842 | ||||
| Beta | 1.9 | ||||
| Z Score | 1.0 |
NGL Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NGL Energy's current stock value. Our valuation model uses many indicators to compare NGL Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NGL Energy competition to find correlations between indicators driving NGL Energy's intrinsic value. More Info.NGL Energy Partners is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.75 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NGL Energy Partners is roughly 1.33 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NGL Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NGL Energy's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NGL Energy Partners Systematic Risk
NGL Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NGL Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on NGL Energy Partners correlated with the market. If Beta is less than 0 NGL Energy generally moves in the opposite direction as compared to the market. If NGL Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NGL Energy Partners is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NGL Energy is generally in the same direction as the market. If Beta > 1 NGL Energy moves generally in the same direction as, but more than the movement of the benchmark.
NGL Energy December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NGL Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NGL Energy Partners. We use our internally-developed statistical techniques to arrive at the intrinsic value of NGL Energy Partners based on widely used predictive technical indicators. In general, we focus on analyzing NGL Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NGL Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.41 |
Complementary Tools for NGL Preferred Stock analysis
When running NGL Energy's price analysis, check to measure NGL Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NGL Energy is operating at the current time. Most of NGL Energy's value examination focuses on studying past and present price action to predict the probability of NGL Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NGL Energy's price. Additionally, you may evaluate how the addition of NGL Energy to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
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