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Last $29.53 USD
Change Today +0.59 / 2.04%
Volume 444.9K
NGL On Other Exchanges
Symbol
Exchange
New York
As of 3:43 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

ngl energy partners lp (NGL) Snapshot

Open
$29.10
Previous Close
$28.94
Day High
$29.80
Day Low
$29.07
52 Week High
06/17/14 - $46.25
52 Week Low
12/16/14 - $22.57
Market Cap
3.1B
Average Volume 10 Days
900.5K
EPS TTM
$-0.65
Shares Outstanding
104.8M
EX-Date
05/1/15
P/E TM
--
Dividend
$2.50
Dividend Yield
8.26%
Current Stock Chart for NGL ENERGY PARTNERS LP (NGL)

ngl energy partners lp (NGL) Related Businessweek News

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ngl energy partners lp (NGL) Details

NGL Energy Partners LP, through its subsidiaries, is primarily engaged in the crude oil logistics, water solutions, liquids, and retail propane businesses in the United States. It operates through Crude Oil Logistics, Water Solutions, Liquids, and Retail Propane segments. The Crude Oil Logistics segment purchases crude oil from producers and transports it for resale at pipeline injection points, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. The Water Solutions segment is involved in the gathering, transportation, treatment, and disposal of wastewater generated from crude oil and natural gas production operations; and sale of recycled water and recovered hydrocarbons. The Liquids segment supplies propane, butane, and other natural gas liquids to retailers, wholesalers, and refiners in the United States and Canada. This segment also provides natural gas liquids terminaling services through its 22 terminals in the United States; and rail car transportation services through its fleet of owned and leased rail cars. The Retail Propane segment sells propane, distillates, and equipment to end users consisting of residential, agricultural, commercial, re-seller, and industrial customers. The company is also involved in purchasing, selling, and marketing of refined products, such as gasoline and diesel fuel to customers through third-party owned terminal and storage facilities; and purchasing, transporting, and selling of ethanol and biodiesel for refiners and blenders. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.

Founded in 1940

ngl energy partners lp (NGL) Top Compensated Officers

Chief Executive Officer of Ngl Energy Holding...
Total Annual Compensation: $592.7K
President of NGL Energy Holdings LLC, Directo...
Total Annual Compensation: $817.4K
Chief Financial Officer of NGL Energy Holding...
Total Annual Compensation: $427.5K
President of Retail Division - NGL Energy Hol...
Total Annual Compensation: $500.0K
Executive Vice President of NGL Crude Logisti...
Total Annual Compensation: $748.7K
Compensation as of Fiscal Year 2014.

ngl energy partners lp (NGL) Key Developments

NGL Energy Partners LP Announces Increased Quarterly Cash Distribution, Payable on May 15, 2015

NGL Energy Partners LP announced that the Board of Directors of its general partner declared a quarterly distribution of $0.6250 per unit ($2.50 on an annualized basis) for the quarter ended March 31, 2015. This distribution represents a 1.21% increase over the prior quarterly distribution of $0.6175 per unit and a 13.38% increase over the distribution paid for the same quarter a year ago. This distribution is payable on May 15, 2015, to unit holders of record entitled to receive the distribution at the close of business on May 5, 2015.

NGL Energy Partners LP Revised Earnings Guidance for the Fiscal Year Ending March 31, 2015 and 2016

NGL Energy Partners LP revised earnings guidance for the fiscal year ending March 31, 2015 and fiscal year 2016. The company reported an expected increase in the company’s adjusted EBITDA guidance for fiscal 2015 to $425 million or greater. Previously, the company reported adjusted EBITDA guidance in the range of $410 - $425 million for the fiscal year ending March 31, 2015. The company also increases its adjusted EBITDA guidance for fiscal 2016 to $500 million or greater versus previously reported guidance of $485 - $500 million.

NGL Energy Partners Mulls Acquisitions

NGL Energy Partners LP (NYSE:NGL) announced the commencement of an underwritten public offering of 6.25 million common units representing limited partner interests and NGL intends to use the net proceeds from this offering to repay borrowings under its revolving credit facility and for general partnership purposes, including capital expenditures and potential acquisitions.

 

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Industry Analysis

NGL

Industry Average

Valuation NGL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 1.5x
Price/Cash Flow 27.2x
TEV/Sales NM Not Meaningful
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