Is NGL Energy Stock a Good Investment?
NGL Energy Investment Advice | NGL |
- Examine NGL Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research NGL Energy's leadership team and their track record. Good management can help NGL Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Storage & Transportation space and any emerging trends that could impact NGL Energy's business and its evolving consumer preferences.
- Compare NGL Energy's performance and market position to its competitors. Analyze how NGL Energy is positioned in terms of product offerings, innovation, and market share.
- Check if NGL Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about NGL Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in NGL Energy Partners stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if NGL Energy Partners is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine NGL Energy Stock
Researching NGL Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 44.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NGL Energy Partners recorded a loss per share of 2.53. The entity last dividend was issued on the 5th of November 2020.
To determine if NGL Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NGL Energy's research are outlined below:
| NGL Energy Partners had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 6.96 B. Reported Net Loss for the year was (143.12 M) with profit before taxes, overhead, and interest of 911.36 M. | |
| NGL Energy Partners has a strong financial position based on the latest SEC filings | |
| Latest headline from finance.yahoo.com: Why is NGL Energy Partners LP Losing This Week |
NGL Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NGL Energy Partners. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NGL Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 29th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact NGL Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises NGL Energy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-11-09 | 2020-09-30 | -0.12 | -0.14 | -0.02 | 16 | ||
2024-02-08 | 2023-12-31 | 0.14 | 0.08 | -0.06 | 42 | ||
2021-11-09 | 2021-09-30 | -0.15 | -0.21 | -0.06 | 40 | ||
2023-11-09 | 2023-09-30 | 0.02 | -0.05 | -0.07 | 350 | ||
2023-02-09 | 2022-12-31 | 0.12 | 0.19 | 0.07 | 58 | ||
2017-05-25 | 2017-03-31 | 0.11 | 0.18 | 0.07 | 63 | ||
2012-06-16 | 2012-03-31 | 0.66 | 0.73 | 0.07 | 10 | ||
2012-11-15 | 2012-09-30 | 0.09 | 0.18 | 0.09 | 100 |
Know NGL Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NGL Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NGL Energy Partners backward and forwards among themselves. NGL Energy's institutional investor refers to the entity that pools money to purchase NGL Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Lexaurum Advisors, Llc | 2024-12-31 | 29.3 K |
NGL Energy's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 616.5 M.Market Cap |
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NGL Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.13) | (0.12) |
Determining NGL Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if NGL Energy is a good buy. For example, gross profit margin measures NGL Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NGL Energy's profitability and make more informed investment decisions.
NGL Energy's Earnings Breakdown by Geography
Evaluate NGL Energy's management efficiency
NGL Energy Partners has Return on Asset of 0.0304 % which means that on every $100 spent on assets, it made $0.0304 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.196) %, 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 (0.05). 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 233.7 M this year, although the value of Non Current Assets Total will most likely fall to about 3.5 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.70 | 16.90 | |
| Tangible Book Value Per Share | (5.00) | (4.75) | |
| Enterprise Value Over EBITDA | 10.69 | 12.99 | |
| Price Book Value Ratio | 0.85 | 0.90 | |
| Enterprise Value Multiple | 10.69 | 12.99 | |
| Price Fair Value | 0.85 | 0.90 | |
| Enterprise Value | 3.3 B | 2.3 B |
At NGL Energy Partners, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Beta 1.684 |
Basic technical analysis of NGL Stock
As of the 24th of March, NGL Energy secures the mean deviation of 2.13, and Risk Adjusted Performance of 0.0254. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NGL Energy Partners, as well as the relationship between them. Please verify NGL Energy Partners coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if NGL Energy Partners is priced more or less accurately, providing market reflects its recent price of 4.67 per share. Given that NGL Energy Partners has jensen alpha of 0.0713, we recommend you to check NGL Energy's last-minute market performance to make sure the company can sustain itself at some point in the future.NGL Energy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NGL Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on NGL Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NGL Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
NGL Energy's Outstanding Corporate Bonds
NGL Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NGL Energy Partners uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NGL bonds can be classified according to their maturity, which is the date when NGL Energy Partners has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US62912XAC83 Corp BondUS62912XAC83 | View | |
| US62912XAF15 Corp BondUS62912XAF15 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand NGL Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing NGL Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0254 | |||
| Market Risk Adjusted Performance | 0.2374 | |||
| Mean Deviation | 2.13 | |||
| Semi Deviation | 4.11 | |||
| Downside Deviation | 4.67 | |||
| Coefficient Of Variation | 5028.21 | |||
| Standard Deviation | 3.59 | |||
| Variance | 12.91 | |||
| Information Ratio | 0.0273 | |||
| Jensen Alpha | 0.0713 | |||
| Total Risk Alpha | 0.2067 | |||
| Sortino Ratio | 0.021 | |||
| Treynor Ratio | 0.2274 | |||
| Maximum Drawdown | 25.13 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 4.59 | |||
| Downside Variance | 21.76 | |||
| Semi Variance | 16.93 | |||
| Expected Short fall | (2.20) | |||
| Skewness | (2.62) | |||
| Kurtosis | 16.29 |
| Risk Adjusted Performance | 0.0254 | |||
| Market Risk Adjusted Performance | 0.2374 | |||
| Mean Deviation | 2.13 | |||
| Semi Deviation | 4.11 | |||
| Downside Deviation | 4.67 | |||
| Coefficient Of Variation | 5028.21 | |||
| Standard Deviation | 3.59 | |||
| Variance | 12.91 | |||
| Information Ratio | 0.0273 | |||
| Jensen Alpha | 0.0713 | |||
| Total Risk Alpha | 0.2067 | |||
| Sortino Ratio | 0.021 | |||
| Treynor Ratio | 0.2274 | |||
| Maximum Drawdown | 25.13 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 4.59 | |||
| Downside Variance | 21.76 | |||
| Semi Variance | 16.93 | |||
| Expected Short fall | (2.20) | |||
| Skewness | (2.62) | |||
| Kurtosis | 16.29 |
Consider NGL Energy's intraday indicators
NGL Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NGL Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 3757.3 | |||
| Daily Balance Of Power | 0.1111 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 4.64 | |||
| Day Typical Price | 4.65 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.01 |
NGL Energy Corporate Filings
F4 | 18th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 14th of February 2025 Other Reports | ViewVerify | |
10Q | 10th of February 2025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 22nd of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
NGL Stock media impact
Far too much social signal, news, headlines, and media speculation about NGL Energy that are available to investors today. That information is available publicly through NGL media outlets and privately through word of mouth or via NGL internal channels. However, regardless of the origin, that massive amount of NGL data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of NGL Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of NGL Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to NGL Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive NGL Energy alpha.
NGL Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards NGL Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
NGL Energy Partners Historical Investor Sentiment
Investor biases related to NGL Energy's public news can be used to forecast risks associated with an investment in NGL. The trend in average sentiment can be used to explain how an investor holding NGL can time the market purely based on public headlines and social activities around NGL Energy Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
NGL Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NGL Energy and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average NGL Energy news discussions. The higher the estimate score, the more favorable the investor's outlook on NGL Energy.
NGL Energy Corporate Directors
| Bryan Guderian | Independent Director of the General Partner | Profile | |
| Stephen Cropper | Independent Director of the General Partner | Profile | |
| John Raymond | Director of the General Partner | Profile | |
| Derek Reiners | Independent Director of the General Partner | Profile |
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 (2.53) | Revenue Per Share | Quarterly Revenue Growth (0.17) | Return On Assets |
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.
In summary, please note that there is a difference between NGL Energy's value and its price, as these two are different measures arrived at by various 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.