NGL - NGL Energy Partners LP
| Previous close | 12.25 |
| Open | 12.25 |
| Bid | 11.00 x 3100 |
| Ask | 16.15 x 900 |
| Day's range | 11.80 - 12.65 |
| 52-week range | 8.57 - 17.65 |
| Volume | 1,664,558 |
| Avg. volume | 701,920 |
| Market cap | 1.501B |
| Beta | 1.31 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.08 |
| Earnings date | 1 Aug 2018 - 6 Aug 2018 |
| Forward dividend & yield | 1.56 (12.58%) |
| Ex-dividend date | 2018-05-04 |
| 1y target est | 15.20 |
- Business Wire•17 days ago
NGL Energy Partners Announces Filing of Its Annual Report
NGL Energy Partners LP announced today that the Partnership filed its Annual Report on Form 10-K for the year ended March 31, 2018 with the Securities and Exchange Commission after market on May 30, 2018.
- Motley Fool•18 days ago
Here's Why NGL Energy Partners LP Rose as Much as 15% Today
The company announced fiscal fourth-quarter and full-year 2018 results -- and just made huge progress cleaning up a toxic balance sheet.
- Business Wire•19 days ago
NGL Energy Partners LP Announces Fourth Quarter and Fiscal 2018 Financial Results and Initiates Fiscal 2019 Guidance
NGL Energy Partners LP today reported net income for the quarter ended March 31, 2018 of $110.9 million, including an $89.3 million gain on the sale of a portion of our Retail Propane segment, compared to net income for the quarter ended March 31, 2017 of $26.5 million.
- Business Wire•19 days ago
NGL Energy Partners LP Announces Sale of Remaining Retail Propane Business for $900 Million
NGL Energy Partners LP (NGL) (“NGL,” “our,” or the “Partnership”) today announced that it has signed a definitive agreement to sell its remaining Retail Propane business to Superior Plus Corp. (“Superior”) (SPB.TO) for $900 million in cash proceeds. The Partnership has made the strategic decision to completely exit the Retail Propane business and re-deploy capital at a comparatively higher rate of return in its Water Solutions and Crude Logistics businesses. NGL believes these businesses have greater organic growth opportunities and with the activity in the Partnerships core basins, including the Delaware Basin and DJ Basin in particular, the returns on these opportunities for NGL are expected to exceed those achievable in Retail Propane.
- GlobeNewswire•19 days ago
Superior Plus to Acquire NGL’s Retail Propane Business - Significantly Expanding Its U.S. Energy Distribution Platform
Superior Plus Corp. (“Superior”) (SPB.TO) is pleased to announce that it has entered into an agreement with NGL Energy Partners LP (“NGL Energy”) (NGL) to acquire all of the outstanding equity interest in NGL Propane, LLC (“NGL Propane”), NGL Energy’s retail propane distribution business, for total cash consideration of US$900 million (Cdn$1.17 billion) subject to customary closing adjustments (the “Transaction”). “The acquisition of NGL Propane is a highly strategic and transformative transaction for Superior and represents an exciting opportunity to leverage our current core competencies and integrated supply capacities with NGL Propane’s strong Eastern U.S. retail platform,” said Luc Desjardins, CEO of Superior.
- Market Realist•last month
SMLP, MMLP, and NGL Trade at Yields above 13%
Currently, Summit Midstream Partners (SMLP) is trading at a yield close to 15%. On May 8, RBC cut its target price for Summit Midstream from $20 to $18. The mean target price for Summit Midstream provided by the surveyed analysts is $17.6.
- Business Wire•last month
NGL Energy Partners LP Announces Timing of Fiscal 2018 Fourth Quarter Earnings Release and Conference Call
NGL Energy Partners LP plans to issue its fiscal fourth quarter and full year ended March 31, 2018 earnings press release after the market closes on Wednesday, May 30, 2018.
- GlobeNewswire•last month
Investor Expectations to Drive Momentum within Masco, Murphy Oil, NGL Energy Partners LP, PBF Energy, PDL BioPharma, and Phillips 66 — Discovering Underlying Factors of Influence
NEW YORK, May 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Masco ...
- Market Realist•last month
Top Energy Losses in the Week Ending May 4
On April 27–May 4, midstream stock TC PipeLines (TCP) fell the most on our list of energy stocks. Last week, the other four stocks on our list that fell the most were also midstream stocks. The Alerian MLP ETF (AMLP) fell 0.4%—the largest loss among the energy subsector ETFs discussed in Part 2.
- PR Newswire•last month
Alerian Reports March 31, 2018 Index Linked Product Positions
DALLAS , May 7, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $13.5 billion as of March 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...
- Business Wire•2 months ago
NGL Energy Partners Announces Quarterly Cash Distribution
NGL Energy Partners LP (NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended March 31, 2018. This cash distribution is payable on May 15, 2018 to common unitholders of record at the close of business on May 7, 2018. Additionally, the Board of Directors declared a distribution for the quarter ended March 31, 2018 to be paid to the holders of the Class A Preferred Units according to the terms outlined in the Partnership Agreement.
- Business Wire•2 months ago
NGL Energy Partners LP to Attend Mizuho Energy Summit
NGL Energy Partners LP announced today that it will attend the Mizuho Energy Summit in Napa, California on April 9 - 10, 2018. Members of NGL’s management team will be participating in a series of one-on-one meetings with members of the investment community at the conference.
- Motley Fool•2 months ago
Stay Away! 3 Dividend Stocks That Are Yield Traps
A big yield is a huge attraction for income investors, but sometimes the dividend can be nothing more than a mirage.
- Business Wire•3 months ago
NGL Energy Partners LP Announces Closings of Retail Propane Sale and Sawtooth Joint Venture and Provides Update on Debt Reduction
NGL Energy Partners LP today announced that it has closed the previously announced transaction to sell a portion of its Retail Propane business to DCC LPG for $200 million in cash, adjusted for working capital.
- Business Wire•3 months ago
NGL Energy Partners LP Announces Quarterly Cash Distribution for Class B Preferred Units
NGL Energy Partners LP announced today that the Board of Directors of its general partner declared a distribution for the quarter ending March 31, 2018 to be paid to the holders of the Partnership’s 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units in accordance with the terms outlined in NGL’s partnership agreement.
- Business Wire•3 months ago
NGL Energy Partners Does Not Expect Material Impact from FERC Ruling
NGL Energy Partners LP announced today that it does not expect a material impact from yesterday’s revised policy statement by the Federal Energy Regulatory Commission to disallow income tax allowance cost recovery in rates charged by pipeline companies organized as master limited partnerships .
- Zacks•3 months ago
Zacks Industry Outlook Highlights: NuStar Energy, Plains All American Pipeline, NGL Energy Partners, Archrock Partners and Boardwalk Pipeline Partners
Zacks Industry Outlook Highlights: NuStar Energy, Plains All American Pipeline, NGL Energy Partners, Archrock Partners and Boardwalk Pipeline Partners
- Market Realist•3 months ago
Is CVR Refining’s 14% Yield Really Attractive?
MLPs: Are Investors Missing Out on Their Attractive Yields?
- Market Realist•3 months ago
NGL Energy Partners Has Fallen 16% in 2018: What’s Next?
NGL Energy Partners (NGL) is trading at a yield of ~12.2%. The fall in NGL stock has pushed its yield higher. In the quarter that ended December 31, 2017, NGL Energy Partners completed the sale of its 50% interest in Glass Mountain Pipeline for $300 million.
- Business Wire•4 months ago
NGL Energy Partners LP and Magnum Liquids, LLC Announce Signing Joint Venture Agreements for Sawtooth Natural Gas Liquids and Refined Products Storage Assets
NGL Energy Partners LP and Magnum Liquids, LLC, a portfolio company of Haddington Ventures LLC , along with Magnum Development, LLC and other Haddington-sponsored investment entities have announced the formation of a joint venture to focus on the storage of natural gas liquids and refined products by combining NGL’s Sawtooth Storage Facility (“Sawtooth”, a natural gas liquids storage facility with ...
- PR Newswire•4 months ago
Alerian Reports December 31, 2017 Index Linked Product Positions
DALLAS , Feb. 21, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $16.3 billion as of December 31, 2017 . Linked products include exchange-traded funds, exchange-traded notes, return ...
- Market Realist•4 months ago
Which MLPs Lost More than 10.0% in the Week Ending February 9?
MLP Weekly Roundup: Week Ending February 9
- Business Wire•4 months ago
NGL Energy Partners Announces the Appointment of L. John Schaufele IV to Board of Directors
NGL Energy Partners LP announced today that L. John Schaufele IV, has been appointed to the board of directors of its general partner, NGL Energy Holdings LLC, effective February 5, 2018.
