Kurston McMurray - NGL Energy President

NGL Stock  USD 4.70  0.07  1.47%   

President

Mr. Kurston Patrick McMurray is the General Counsel and Corporationrationrate Secretary of NGL Energy Holdings LLC., the general partner of NGL Energy Partners LP. Mr. McMurray has served as our General Counsel and Corporationrationrate Secretary since October 2016. Mr. McMurray joined NGL in February 2015 as Vice President, Legal and Corporationrationrate Secretary. Prior to joining NGL, Mr. McMurray practiced law in the Tulsa, Oklahoma area since 1998 and was a founding shareholder of WilkinMcMurray PLLC since 2016.
Age 52
Tenure 8 years
Address 6120 South Yale Avenue, Tulsa, OK, United States, 74136
Phone918 481 1119
Webhttps://www.nglenergypartners.com
McMurray’s private practice specialized in business transactions, real estate, healthcare, banking, corporate governance, corporate management and commercial litigation.

NGL Energy Management Efficiency

The company has Return on Asset of 0.0357 % which means that on every $100 spent on assets, it made $0.0357 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1447) %, meaning that it generated no profit with money invested by stockholders. NGL Energy's management efficiency ratios could be used to measure how well NGL Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.05 this year, although the value of Return On Tangible Assets are projected to rise to (0.04). At this time, NGL Energy's Non Currrent Assets Other are quite stable compared to the past year. Other Current Assets is expected to rise to about 203.2 M this year, although the value of Total Assets will most likely fall to about 4.6 B.
NGL Energy Partners has 2.95 B in debt with debt to equity (D/E) ratio of 2.71, meaning that the company heavily relies on borrowing funds for operations. NGL Energy Partners has a current ratio of 1.23, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for NGL to invest in growth at high rates of return.

Similar Executives

Found 1 records

PRESIDENT Age

Loukas BarmparisSafe Bulkers
61
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 was founded in 1940 and is headquartered in Tulsa, Oklahoma. Ngl Energy operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 842 people. NGL Energy Partners (NGL) is traded on New York Stock Exchange in USA. It is located in 6120 South Yale Avenue, Tulsa, OK, United States, 74136 and employs 607 people. NGL Energy is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

NGL Energy Partners Leadership Team

Elected by the shareholders, the NGL Energy's board of directors comprises two types of representatives: NGL Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NGL. The board's role is to monitor NGL Energy's management team and ensure that shareholders' interests are well served. NGL Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NGL Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bryan Guderian, Independent Director of the General Partner
H Krimbill, Chief Executive Officer, Director of the General Partner
Jennifer Kingham, Senior Officer
Don Robinson, Executive Logistics
John Ciolek, Executive Vice President - Strategic Initiatives of the General Partner
James Winter, Senior LLC
Randall Wade, Director of the General Partner
Brian Cannon, Senior LLC
Lawrence Thuillier, Chief Accounting Officer of the General Partner
Kurston McMurray, Executive Vice President, General Counsel, Secretary of the General Partner
Linda Bridges, Chief Financial Officer, Executive Vice President
Benjamin Borgen, Senior LLC
Michael Krimbill, CEO of NGL Energy Holdings LLC and Director of NGL Energy Holdings LLC
Stephen Cropper, Independent Director of the General Partner
Jeff Pinter, Executive Logistics
Ryan Collins, General Secretary
John Raymond, Director of the General Partner
Derek Reiners, Independent Director of the General Partner
Shawn Coady, President of Retail Division - NGL Energy Holdings LLC, COO of Retail Division - NGL Energy Holdings LLC and Director of NGL Energy Holdings LLC
Bradley Cooper, Executive LLC
Douglas White, Executive LLC
James Collingsworth, Independent Director of the General Partner
Aaron Reece, Senior LLC
Robert Karlovich, Chief Financial Officer, Executive Vice President of the General Partner
Brian Boland, Director of the General Partner
Vincent Osterman, President of Eastern Retail Operations - NGL Energy Holdings LLC and Director of NGL Energy Holdings LLC
Jack Eberhardt, LLC Energy

NGL Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NGL Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.