NGL Energy Partners LP (NGL) EPS Estimated At $0.45

May 18, 2018 - By Eva Godbolt

Investors sentiment decreased to 0.76 in 2017 Q4. Its down 0.24, from 1 in 2017Q3. It worsened, as 12 investors sold NGL Energy Partners LP shares while 39 reduced holdings. 21 funds opened positions while 18 raised stakes. 74.82 million shares or 0.54% more from 74.43 million shares in 2017Q3 were reported.
21,556 were reported by National Asset Management. 2.82 million were accumulated by Hite Hedge Asset Mgmt Ltd Co. 51,647 were accumulated by Bancshares Of Montreal Can. State Street Corp reported 0% of its portfolio in NGL Energy Partners LP (NYSE:NGL). Jpmorgan Chase holds 0.01% of its portfolio in NGL Energy Partners LP (NYSE:NGL) for 2.41M shares. Moreover, Neuberger Berman Gru Ltd Limited Liability Company has 0% invested in NGL Energy Partners LP (NYSE:NGL) for 87,437 shares. Oppenheimer Asset Mgmt stated it has 0.01% in NGL Energy Partners LP (NYSE:NGL). Regions Corporation holds 0% in NGL Energy Partners LP (NYSE:NGL) or 2,000 shares. Bnp Paribas Arbitrage holds 0% or 14,120 shares in its portfolio. Fmr Ltd Liability Corporation has 0% invested in NGL Energy Partners LP (NYSE:NGL). Prescott Group Cap Management Lc holds 96,235 shares. Kayne Anderson Lp has invested 0.25% in NGL Energy Partners LP (NYSE:NGL). Northern Corporation holds 42,931 shares or 0% of its portfolio. Hightower Limited Liability Corporation stated it has 27,180 shares or 0% of all its holdings. Metropolitan Life Ny holds 0.05% or 280,000 shares in its portfolio.

Since March 16, 2018, it had 1 buying transaction, and 0 selling transactions for $336,747 activity.

Analysts expect NGL Energy Partners LP (NYSE:NGL) to report $0.45 EPS on May, 24.They anticipate $0.31 EPS change or 221.43 % from last quarter’s $0.14 EPS. NGL’s profit would be $54.50M giving it 6.06 P/E if the $0.45 EPS is correct. After having $0.32 EPS previously, NGL Energy Partners LP’s analysts see 40.63 % EPS growth. The stock increased 0.93% or $0.1 during the last trading session, reaching $10.9. About 685,260 shares traded or 24.47% up from the average. NGL Energy Partners LP (NYSE:NGL) has declined 50.71% since May 18, 2017 and is downtrending. It has underperformed by 62.26% the S&P500.

NGL Energy Partners LP (NYSE:NGL) Ratings Coverage

Among 4 analysts covering NGL Energy Partners (NYSE:NGL), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. NGL Energy Partners had 6 analyst reports since November 21, 2017 according to SRatingsIntel. The stock of NGL Energy Partners LP (NYSE:NGL) earned “Buy” rating by UBS on Friday, March 2. The company was maintained on Thursday, March 15 by Stifel Nicolaus. RBC Capital Markets maintained the shares of NGL in report on Monday, February 12 with “Buy” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, November 21 report. The company was maintained on Tuesday, January 16 by RBC Capital Markets.

NGL Energy Partners LP, through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the United States. The company has market cap of $1.32 billion. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. It currently has negative earnings. The Water Solutions segment is involved in the treatment and disposal of wastewater generated from natural gas and crude oil production operations; disposal of solids, such as tank bottoms, drilling fluids, and performs truck and frac tank washouts; and sale of recovered hydrocarbons.

Another recent and important NGL Energy Partners LP (NYSE:NGL) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Masco, Murphy Oil, NGL Energy Partners LP, PBF Energy, PDL …” on May 08, 2018.

NGL Energy Partners LP (NYSE:NGL) Institutional Positions Chart

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