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Ngl Energy Partners Lp  (NGL)
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    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 
Price: $5.3100 $-0.28 -5.009%
Day's High: $5.56 Week Perf: -0.93 %
Day's Low: $ 5.30 30 Day Perf: -6.84 %
Volume (M): 179 52 Wk High: $ 6.20
Volume (M$): $ 950 52 Wk Avg: $4.85
Open: $5.56 52 Wk Low: $3.68



 Market Capitalization (Millions $) 703
 Shares Outstanding (Millions) 132
 Employees 2,700
 Revenues (TTM) (Millions $) 6,957
 Net Income (TTM) (Millions $) -143
 Cash Flow (TTM) (Millions $) 33
 Capital Exp. (TTM) (Millions $) 152

Ngl Energy Partners Lp
We are a Delaware limited partnership formed in September 2010. Subsequent to our initial public offering (“IPO”) in May 2011, we significantly expanded our operations through numerous acquisitions. Our operations include:


Our Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs.

Our Water Solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production and for the disposal of solids such as tank bottoms and drilling fluids and performs truck and frac tank washouts. In addition, our Water Solutions segment sells the recovered hydrocarbons that result from performing these services.

Our Liquids segment supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants throughout the United States and in Canada using its leased underground storage and fleet of leased railcars, markets regionally through its 21 owned terminals throughout the United States, and provides terminaling and storage services at its salt dome storage facility in Utah.

Our Retail Propane segment sells propane, distillates, equipment and supplies to end users consisting of residential, agricultural, commercial, and industrial customers and to certain resellers in 30 states and the District of Columbia.

Our Refined Products and Renewables segment conducts gasoline, diesel, ethanol, and biodiesel marketing operations, purchases refined petroleum and renewable products primarily in the Gulf Coast, Southeast and Midwest regions of the United States and schedules them for delivery at various locations throughout the country.

Overview. Our Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. We also lease space and capacity in our owned assets, such as storage tanks, pipelines, trucks, barges, and railcars, to third parties for a fee. Our operations are centered near areas of high crude oil production, such as the Bakken shale play in North Dakota, the DJ Basin in Colorado, the Permian Basin in Texas and New Mexico, the Eagle Ford shale play in Texas, the Anadarko Basin, including the STACK, SCOOP, Granite Wash and Mississippi Lime plays in Oklahoma and Texas, and southern Louisiana at the Gulf of Mexico.

We own a 550-mile pipeline that transports crude oil from its origin in Colorado to Cushing, Oklahoma (the “Grand Mesa Pipeline”). Grand Mesa Pipeline commenced operations on November 1, 2016, and the main line portion of this pipe is comprised of a 37.5% undivided interest in a crude oil pipeline jointly owned with Saddlehorn Pipeline Company, LLC (“Saddlehorn”) where we have the right to utilize 150,000 barrels per day of capacity. During the period from November 1, 2016 through March 31, 2017, there were approximately 42,000 barrels per day transported on the Grand Mesa Pipeline. Operating costs are allocated to us based on our proportionate ownership interest and throughput. We also own 970,000 barrels of operational tankage related to the Grand Mesa Pipeline.

Through our undivided interest in the Grand Mesa Pipeline, we have capacity sufficient to service our customer contracts at the same origin and termination points with the ability to accept additional volume commitments. We retained ownership of our previously-acquired easements for the potential future development of transportation projects involving petroleum commodities other than crude oil and condensate. With the consent and participation of Saddlehorn, we and Saddlehorn may consider future opportunities using these easements for projects involving the transportation of crude oil and condensate.

Operations. We purchase crude oil from producers and transport it to refineries or for resale. Our strategically deployed railcar fleet, towboats, barges, and trucks, and our owned and contracted pipeline capacity, provide access to a wide range of customers and markets. We use this expansive network of transportation assets to deliver crude oil to the optimal markets.

Our Water Solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production and for the disposal of solids such as tank bottoms and drilling fluids and performs truck and frac tank washouts. In addition, our Water Solutions segment sells the recovered hydrocarbons that result from performing these services. Our water processing facilities are strategically located near areas of high crude oil and natural gas production, including the Permian Basin in Texas and New Mexico, the DJ Basin in Colorado, the Eagle Ford shale play in Texas, the Bakken shale play in North Dakota, and the Pinedale Anticline in Wyoming.

Our Liquids segment provides natural gas liquids procurement, storage, transportation, and supply services to customers through assets owned by us and third parties. Our Liquids business supplies the majority of the propane for our Retail Propane business as well as other retail propane businesses. We also sell butanes and natural gasolines to refiners and producers for use as blending stocks and diluent and assist refineries by managing their seasonal butane supply needs.

Our Retail Propane segment consists of the retail marketing, sale and distribution of propane and distillates, including the sale and lease of propane tanks, equipment and supplies, to more than 350,000 residential, agricultural, commercial and industrial customers. We also sell propane to certain resellers. We purchase the majority of the propane sold in our Retail Propane business from our Liquids business, which provides our Retail Propane business with a stable and secure supply of propane.



   Company Address: 6120 South Yale Avenue, Suite 1300 Tulsa, 74136 OK
   Company Phone Number: 481-1119   Stock Exchange / Ticker: NYSE NGL
   


Customers Net Income fell by NGL's Customers Net Profit Margin fell to

-34.75 %

9.11 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AE   -8.87%    
DK   -1.34%    
GLP   -8.84%    
• View Complete Report
   



Ngl Energy Partners Lp

NGL Energy Partners LP Faces Uphill Battle as Diminishing Returns Expand in Fourth Quarter Earnings Report

NGL Energy Partners LP (NGL) is a company that has experienced fluctuations in its stock performance in recent months. As of May 2024, NGL shares have dropped by -1.56% compared to the previous month. However, when compared to the same time period in the previous year, NGL shares have significantly improved, showing an increase of 84.42%.
One of the key reasons for the recent drop in NGL shares can be attributed to weak demand, leading to increased losses for the fiscal period ending March 31, 2024. During this period, NGL Energy Partners LP's net deficit per share rose to $-2.06 from $-0.51. This indicates a significant decline in profitability. Furthermore, the company's revenue also suffered, with a decrease of -20.462%, falling from $2.05 billion to $1.63 billion compared to the previous year.

Ngl Energy Partners Lp

NGL Energy Partners LP Faces Stock Plunge as EPS Takes a Hit in Q4 2023

Despite the recent soft financial performance reported by NGL Energy Partners LP, there are some interesting facts to note that may indicate potential growth or shifts in the stock market.
First, it's worth pointing out that while earnings per share and revenue have declined year on year, there was a positive turnaround in the most recent three-month period. Earnings per share turned positive and revenue increased, which could be a sign of a potential upward trend in the future.
Secondly, the operating margin for NGL Energy Partners LP increased to 5.44% in the last quarter, which is a positive development. This could indicate that the company is effectively managing its operations and increasing profitability.
Additionally, the decrease in inventories and the improvement in accounts receivable are also promising signs. Lower inventories could suggest higher demand for the company's products or services, while improved accounts receivable management could lead to better cash flow and financial stabilityOverall, while the recent financial performance of NGL Energy Partners LP may have been soft, there are several positive indicators that investors should take note of. As always, it's important to conduct thorough research and analysis before making any investment decisions in the stock market.

Ngl Energy Partners Lp

NGL Energy Partners LP Faces Dire Financial Consequences as Business Declines in Q3 2023

NGL Energy Partners LP, a leading energy company, has faced significant challenges in the recent financial period from July to September 2023, resulting in a decline in revenue and higher deficit. This decline can be attributed to lower demand for their products and services. As a result, the company experienced a loss per share of $-0.05, compared to a loss of $-0.11 per share in the previous quarter.
The financial results for this period indicate that NGL Energy Partners LP's revenue decreased by -8.378% to $1.84 billion, compared to $1.62 billion in the previous quarter. This decrease in revenue can be attributed to the lower demand and market conditions. However, the company reported a net income of $28.285 million during this financial span, representing an increase of 684.17% from the same period a year ago.

Ngl Energy Partners Lp

Unprecedented Losses Deepen: Ngl Energy Partners LP's Q1 2024 Earnings Season Paints a Bleak Picture

Ngl Energy Partners Lp (NYSE:NGL) recently released its first quarter earnings report for 2024, and while the results showed some challenges, there are clear signs of improvement in various aspects of the business. Despite widening losses of $-0.11 per share compared to $-0.04 in the previous year, earnings per share have made a significant leap forward from $-0.51 in the preceding financial reporting period.
Although revenue took a hit, declining by -35.288% to $1.62 billion compared to $2.50 billion in the same financial reporting period a year ago, it is important to note that this decrease is sequential and falls within expectations. Revenue also fell by -21.121% from $2.05 billion. It is crucial to highlight that this decrease is partly due to the seasonal nature of NGL's business, and it should not overshadow the company's overall progress.






 

Ngl Energy Partners Lp's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Ngl Energy Partners Lp does not provide revenue guidance.

Earnings Outlook
Ngl Energy Partners Lp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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