NGL Energy Partners LP (NYSE:NGL – Get Free Report) Director John Raymond bought 25,500 shares of the stock in a transaction on Monday, August 24th. The shares were acquired at an average cost of $16.22 per share, for a total transaction of $413,610.00. Following the purchase, the director owned 76,626 shares in the company, valued at $1,242,873.72. The trade was a 49.88% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
NGL Energy Partners Stock Down 2.2%
NGL Energy Partners stock opened at $17.13 on Thursday. The company has a fifty day simple moving average of $16.15 and a 200-day simple moving average of $14.76. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of -6.03 and a beta of 0.63. NGL Energy Partners LP has a 52-week low of $5.01 and a 52-week high of $18.80.
NGL Energy Partners (NYSE:NGL – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.37. The firm had revenue of $989.99 million for the quarter, compared to the consensus estimate of $346.13 million. NGL Energy Partners had a negative net margin of 3.76% and a negative return on equity of 39.51%. On average, research analysts anticipate that NGL Energy Partners LP will post 1.38 EPS for the current fiscal year.
Institutional Inflows and Outflows
NGL Energy Partners News Summary
Here are the key news stories impacting NGL Energy Partners this week:
- Positive Sentiment: Director John T. Raymond purchased a combined 326,626 shares for approximately $5.53 million across transactions from August 21–25. The purchases substantially increased his ownership and may signal confidence in NGL’s valuation and outlook. SEC insider purchase filing
- Positive Sentiment: Director James M. Collingsworth bought 11,008 additional shares for roughly $185,183 over August 25–26. The purchases add to an already substantial position and provide another favorable insider-ownership signal. SEC insider purchase filing
- Positive Sentiment: NGL’s latest quarterly results significantly exceeded expectations, with EPS of $0.48 versus a $0.11 consensus estimate and revenue of approximately $990 million versus estimates near $346 million. Analysts expect full-year EPS of about $1.38, supporting the case for continued earnings improvement.
- Positive Sentiment: Broader midstream companies have reported strong second-quarter results, aided by higher throughput, resilient fee-based cash flows, and demand for natural gas and NGL exports. This sector backdrop is generally supportive for NGL. Strong Midstream 2Q26 Earnings Boost Full-Year Outlook
- Neutral Sentiment: Institutional investors own approximately 40.6% of NGL’s shares, with several funds recently increasing or initiating positions. Analyst sentiment is broadly favorable, though coverage remains limited and includes both Strong Buy and Hold ratings.
- Negative Sentiment: CEO H. Michael Krimbill sold 300,000 shares for $5.1 million, reducing his direct holdings by 8.16%. Although directors made larger aggregate purchases, the sizable executive sale could raise questions about near-term insider conviction.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the company. Zacks Research upgraded NGL Energy Partners from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Wall Street Zen raised NGL Energy Partners from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Weiss Ratings downgraded NGL Energy Partners from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy”.
Read Our Latest Stock Report on NGL
About NGL Energy Partners
NGL Energy Partners LP is a publicly traded master limited partnership that provides midstream infrastructure and marketing services for the energy industry. The company focuses on the transportation, storage, fractionation and marketing of natural gas liquids (NGLs) and refined petroleum products. Through its integrated operations, NGL Energy Partners serves producers, processors, refiners and industrial customers across key U.S. energy-producing regions.
The partnership’s asset base includes pipelines, storage terminals, fractionation plants, and distribution facilities.
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