NGL Historical Income Statement

NGL Stock  USD 4.65  0.02  0.43%   
Historical analysis of NGL Energy income statement accounts such as Total Revenue of 8.3 B can show how well NGL Energy Partners performed in making a profits. Evaluating NGL Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NGL Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining NGL Energy Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NGL Energy Partners is a good buy for the upcoming year.
  
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.

About NGL Income Statement Analysis

NGL Energy Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NGL Energy shareholders. The income statement also shows NGL investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NGL Energy Income Statement Chart

At this time, NGL Energy's Preferred Stock And Other Adjustments is quite stable compared to the past year. Non Operating Income Net Other is expected to rise to about 8.1 M this year, although the value of Selling General Administrative will most likely fall to about 85.4 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts NGL Energy Partners generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of NGL Energy Partners minus its cost of goods sold. It is profit before NGL Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from NGL Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NGL Energy Partners current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At this time, NGL Energy's Preferred Stock And Other Adjustments is quite stable compared to the past year. Non Operating Income Net Other is expected to rise to about 8.1 M this year, although the value of Selling General Administrative will most likely fall to about 85.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense254.7M258.7M269.9M139.2M
Depreciation And Amortization289.0M273.9M266.5M279.8M

NGL Energy income statement Correlations

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0.510.460.370.710.360.50.220.570.340.68-0.42-0.53-0.29-0.14-0.61-0.430.00.020.710.38-0.18-0.740.36
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-0.030.370.790.471.00.030.310.321.00.680.060.190.14-0.32-0.590.120.69-0.040.36-0.26-0.030.02-0.17
0.380.710.760.470.460.530.470.750.440.91-0.08-0.54-0.1-0.32-0.69-0.180.37-0.180.460.25-0.17-0.420.11
-0.030.360.781.00.460.010.30.31.00.670.060.20.14-0.31-0.580.120.68-0.030.36-0.26-0.020.03-0.17
0.320.50.10.030.530.010.360.60.00.370.3-0.160.220.11-0.310.21-0.080.450.380.21-0.17-0.460.12
-0.380.220.410.310.470.30.360.830.30.340.41-0.240.520.25-0.20.420.54-0.030.48-0.27-0.03-0.07-0.53
0.180.570.450.320.750.30.60.830.290.570.22-0.490.260.01-0.410.180.390.060.480.17-0.13-0.46-0.15
-0.050.340.771.00.441.00.00.30.290.650.070.220.15-0.31-0.570.130.68-0.030.35-0.28-0.020.04-0.18
0.350.680.910.680.910.670.370.340.570.65-0.13-0.36-0.14-0.34-0.76-0.210.46-0.120.520.16-0.17-0.330.12
-0.35-0.42-0.060.06-0.080.060.30.410.220.07-0.130.560.840.440.210.970.510.19-0.05-0.190.210.28-0.59
-0.45-0.53-0.160.19-0.540.2-0.16-0.24-0.490.22-0.360.560.560.120.280.630.220.31-0.31-0.510.390.63-0.48
-0.48-0.290.020.14-0.10.140.220.520.260.15-0.140.840.560.440.120.860.420.360.11-0.390.590.31-0.83
-0.31-0.14-0.34-0.32-0.32-0.310.110.250.01-0.31-0.340.440.120.440.130.480.00.050.410.050.08-0.16-0.27
-0.35-0.61-0.68-0.59-0.69-0.58-0.31-0.2-0.41-0.57-0.760.210.280.120.130.27-0.20.03-0.46-0.130.060.34-0.17
-0.45-0.43-0.10.12-0.180.120.210.420.180.13-0.210.970.630.860.480.270.510.2-0.04-0.290.190.32-0.64
-0.290.00.640.690.370.68-0.080.540.390.680.460.510.220.420.0-0.20.51-0.340.27-0.210.050.2-0.44
0.140.02-0.18-0.04-0.18-0.030.45-0.030.06-0.03-0.120.190.310.360.050.030.2-0.34-0.01-0.110.22-0.07-0.12
0.080.710.450.360.460.360.380.480.480.350.52-0.05-0.310.110.41-0.46-0.040.27-0.010.18-0.02-0.610.03
0.870.38-0.16-0.260.25-0.260.21-0.270.17-0.280.16-0.19-0.51-0.390.05-0.13-0.29-0.21-0.110.18-0.17-0.810.69
-0.18-0.180.01-0.03-0.17-0.02-0.17-0.03-0.13-0.02-0.170.210.390.590.080.060.190.050.22-0.02-0.170.26-0.56
-0.75-0.74-0.010.02-0.420.03-0.46-0.07-0.460.04-0.330.280.630.31-0.160.340.320.2-0.07-0.61-0.810.26-0.61
0.760.36-0.18-0.170.11-0.170.12-0.53-0.15-0.180.12-0.59-0.48-0.83-0.27-0.17-0.64-0.44-0.120.030.69-0.56-0.61
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NGL Energy Account Relationship Matchups

NGL Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization206.3K317.5M289.0M273.9M266.5M279.8M
Interest Expense181.2M198.8M254.7M258.7M269.9M139.2M
Selling General Administrative113.7M70.5M63.5M71.8M121.9M85.4M
Total Revenue7.6B5.2B7.9B8.7B7.0B8.3B
Gross Profit714.3M416.0M519.9M771.3M723.3M459.8M
Other Operating Expenses7.3B5.1B7.8B8.3B6.8B8.3B
Operating Income261.4M50.1M164.0M392.2M177.6M111.9M
Ebit538.1M(442.0M)88.5M328.2M129.5M124.0M
Ebitda538.3M(124.5M)377.5M602.1M396.0M233.7M
Cost Of Revenue6.9B4.8B7.4B7.9B6.2B7.9B
Total Operating Expenses455.9M331.3M342.6M395.2M545.7M381.7M
Income Before Tax(180.2M)(640.8M)(183.1M)52.8M(140.7M)(133.7M)
Total Other Income Expense Net(441.6M)(250.1M)(266.2M)(236.4M)(318.3M)(302.4M)
Net Income Applicable To Common Shares(397.0M)(639.8M)(184.8M)(73.2M)(65.9M)(69.2M)
Net Income(180.5M)(637.4M)(184.1M)51.4M(143.8M)(136.6M)
Income Tax Expense345K(3.4M)971K271K2.4M2.5M
Net Income From Continuing Ops(180.5M)(637.4M)(184.1M)52.5M(143.1M)(150.3M)
Non Operating Income Net Other2.5M1.3M(51.3M)5.5M4.9M8.1M
Minority Interest1.8M632K655K(1.1M)(631K)(662.6K)
Tax Provision345K(3.4M)971K271K2.4M2.5M
Interest Income1.5M191.3M265.5M266.5M306.4M321.7M
Discontinued Operations(47.1M)418.9M(218.2M)(1.8M)(1.6M)(1.5M)
Net Interest Income(179.7M)(198.8M)(271.6M)(275.4M)(270.4M)(284.0M)
Reconciled Depreciation276.8M331.2M306.2M290.9M282.7M311.9M

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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 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.