NGL Stock Analysis: NGL Energy | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 2.225m USD | 12M Return: 237.4% | US62913M1071 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.86M
Qual. Beats: 0
Rev. Trend: -92.0%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NGL Energy Partners LP is a U.S.-based midstream energy partnership that operates across three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The company transports, stores, blends, and markets crude oil, natural gas liquids (NGLs), refined products/renewables, and water solutions, primarily serving producers, refiners, and commercial customers across the United States and Canada.
Its Water Solutions segment handles produced and flowback water from oil and gas operations, including treatment, recycling, and solids disposal. The Crude Oil Logistics segment aggregates and transports crude oil via pipelines, terminals, barges, and rail, while the Liquids Logistics segment distributes NGLs (such as propane and butane) through terminals, pipelines, railcars, and marine export facilities. NGL is structured as a master limited partnership (MLP), a common corporate form in the midstream sector that typically passes through income to unitholders, and it is classified within the Oil & Gas Storage & Transportation sub-industry.
Founded in 1940 and headquartered in Tulsa, Oklahoma, NGL has been publicly traded on the NYSE since its 2011 IPO. The partnership is managed by NGL Energy Holdings LLC, which serves as its general partner.
- Permian produced water volumes drive Water Solutions segment revenue growth
- Propane margins expand on heating season demand and export volumes
- High leverage limits distribution coverage and capital allocation flexibility
| Net Income: -170.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.65 > 1.0 |
| NWC/Revenue: 2.64% < 20% (prev 2.60%; Δ 0.04% < -1%) |
| CFO/TA 0.13 > 3% & CFO 524.4m > Net Income -170.4m |
| Net Debt (3.51b) to EBITDA (698.0m): 5.02 < 3 |
| Current Ratio: 1.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (128.1m) vs 12m ago -2.97% < -2% |
| Gross Margin: 24.97% > 18% (prev 15.87%; Δ 9.11% > 0.5%) |
| Asset Turnover: 84.22% > 50% (prev 107.3%; Δ -23.10% > 0%) |
| Interest Coverage Ratio: 1.70 > 6 (EBIT TTM 436.4m / Interest Expense TTM 257.0m) |
| DSRI: 1.73 (Receivables 638.7m/470.1m, Revenue 3.52b/4.49b) |
| GMI: 0.64 (GM 15.87% / 24.97%) |
| AQI: 0.81 (AQ_t 0.28 / AQ_t-1 0.35) |
| SGI: 0.78 (Revenue 3.52b / 4.49b) |
| TATA: -0.17 (NI -170.4m - CFO 524.4m) / TA 4.18b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of August 26, 2026, the stock is trading at USD 17.51 with a total of 521,459 shares traded. Over the past week, the price has changed by +0.63%, over one month by +16.58%, over three months by -1.52% and over the past year by +237.38%.
Current recommended Stop Loss: 15.80 (which is 9.8% or 2.1 ATR below the current price).
NGL Energy has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold NGL.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 5 | -71.4% |
P/E Forward = 46.0829
P/S = 0.5737
P/B = 64.1492
P/EG = 8.0611
Revenue TTM = 3.52b USD
EBIT TTM = 436.4m USD
EBITDA TTM = 698.0m USD
Long Term Debt = 3.26b USD (from longTermDebt, last quarter)
Short Term Debt = 47.7m USD (from shortTermDebt, last quarter)
Debt = 3.51b USD (from shortLongTermDebtTotal, last quarter) + Leases 117.6m
Net Debt = 3.51b USD (calculated: Debt 3.51b - CCE 5.07m)
Enterprise Value = 5.73b USD (2.22b + Debt 3.51b - CCE 5.07m)
Interest Coverage Ratio = 1.70 (Ebit TTM 436.4m / Interest Expense TTM 257.0m)
EV/FCF = 27.35x (Enterprise Value 5.73b / FCF TTM 209.6m)
FCF Yield = 3.66% (FCF TTM 209.6m / Enterprise Value 5.73b)
FCF Margin = 5.95% (FCF TTM 209.6m / Revenue TTM 3.52b)
Net Margin = -4.83% (Net Income TTM -170.4m / Revenue TTM 3.52b)
Gross Margin = 24.97% ((Revenue TTM 3.52b - Cost of Revenue TTM 2.64b) / Revenue TTM)
Gross Margin QoQ = 30.87% (prev 20.01%)
Tobins Q-Ratio = 1.37 (Enterprise Value 5.73b / Total Assets 4.18b)
Interest Expense / Debt = 7.32% (Interest Expense 257.0m / Debt 3.51b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 344.8m (EBIT 436.4m * (1 - 21.00%))
Current Ratio = 1.14 (Total Current Assets 737.6m / Total Current Liabilities 644.7m)
Debt / Equity = 107.3 (Debt 3.51b / totalStockholderEquity, last quarter 32.7m)
Debt / EBITDA = 5.02 (Net Debt 3.51b / EBITDA 698.0m)
Debt / FCF = 16.73 (Net Debt 3.51b / FCF TTM 209.6m)
Total Stockholder Equity = 331.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -4.07% (Net Income -170.4m / Total Assets 4.18b)
RoE = -51.37% (Net Income TTM -170.4m / Total Stockholder Equity 331.6m)
RoCE = 12.14% (EBIT 436.4m / Capital Employed (Equity 331.6m + L.T.Debt 3.26b))
RoIC = 9.64% (NOPAT 344.8m / Invested Capital 3.58b)
WACC = 7.27% (E(2.22b)/V(5.74b) * Re(9.62%) + D(3.51b)/V(5.74b) * Rd(7.32%) * (1-Tc(0.21)))
Discount Rate = 9.62% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.40 | Cagr: -1.50%
[DCF] Terminal Value 77.97% ; FCFF base≈182.0m ; Y1≈208.7m ; Y5≈307.1m
[DCF] Fair Price = 9.01 (EV 4.62b - Net Debt 3.51b = Equity 1.12b / Shares 123.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.22 | # QB: 0
Revenue Correlation: -91.98 | Revenue CAGR: -21.17% | SUE: 0.94 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.22 | Chg30d=+22.22% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-12-31): EPS=0.33 | Chg30d=+13.79% | Revisions=+25% | Analysts=1
EPS current Year (2027-03-31): EPS=1.38 | Chg30d=+68.29% | Revisions=+25% | GrowthEPS=+143.3% | GrowthRev=+5.2%
EPS next Year (2028-03-31): EPS=1.79 | Chg30d=+44.35% | Revisions=+25% | GrowthEPS=+29.7% | GrowthRev=-8.3%