(NGL) NGL Energy Partners - Overview
Stock: Crude Oil, Natural Gas Liquids, Refined Products, Water
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 54.9% |
| Relative Tail Risk | -18.1% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.45 |
| Alpha | 97.20 |
| Character TTM | |
|---|---|
| Beta | 1.044 |
| Beta Downside | 1.860 |
| Drawdowns 3y | |
|---|---|
| Max DD | 53.72% |
| CAGR/Max DD | 1.49 |
Description: NGL NGL Energy Partners December 26, 2025
NGL Energy Partners LP (NYSE:NGL) is a midstream firm that transports, stores, blends, and markets crude oil, natural-gas liquids (NGLs), refined products, renewables, and water solutions across the United States. It operates through three segments: Water Solutions (produced-water handling, recycling, and disposal), Crude Oil Logistics (pipeline, rail, barge, and terminal services for crude), and Liquids Logistics (NGL gathering, storage, rail, and marine export of butane and propane). The company is a publicly traded limited partnership with NGL Energy Holdings LLC as its general partner.
Key operating metrics (2023) include ~ 3.2 billion cubic feet per day of water-treatment capacity, ~ 5.5 million barrels of crude storage, and ~ 1.2 million barrels per day of NGL throughput across its five terminals and nine pipelines. The business is highly sensitive to U.S. shale production growth (especially in the Permian and Bakken), NGL-crude price spreads, and regulatory trends affecting water-disposal fees. A recent sector-wide driver is the tightening of EPA water-discharge rules, which could raise demand for NGL’s water-recycling services.
For a deeper quantitative view, you might explore ValueRay’s detailed model on NGL.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 125.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 6.87 > 1.0 |
| NWC/Revenue: 7.29% < 20% (prev 3.48%; Δ 3.81% < -1%) |
| CFO/TA 0.12 > 3% & CFO 497.0m > Net Income 125.4m |
| Net Debt (3.02b) to EBITDA (639.7m): 4.72 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (127.3m) vs 12m ago -3.75% < -2% |
| Gross Margin: 36.94% > 18% (prev 0.13%; Δ 3681 % > 0.5%) |
| Asset Turnover: 44.08% > 50% (prev 102.5%; Δ -58.44% > 0%) |
| Interest Coverage Ratio: 1.39 > 6 (EBITDA TTM 639.7m / Interest Expense TTM 263.8m) |
Beneish M -3.38
| DSRI: 1.90 (Receivables 558.6m/729.1m, Revenue 2.03b/5.01b) |
| GMI: 0.36 (GM 36.94% / 13.36%) |
| AQI: 1.01 (AQ_t 0.33 / AQ_t-1 0.33) |
| SGI: 0.40 (Revenue 2.03b / 5.01b) |
| TATA: -0.09 (NI 125.4m - CFO 497.0m) / TA 4.30b) |
| Beneish M-Score: -3.38 (Cap -4..+1) = AA |
What is the price of NGL shares?
Over the past week, the price has changed by +2.04%, over one month by +22.72%, over three months by +30.33% and over the past year by +116.43%.
Is NGL a buy, sell or hold?
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the NGL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 5 | -58.3% |
| Analysts Target Price | 5 | -58.3% |
| ValueRay Target Price | 19.1 | 59% |
NGL Fundamental Data Overview February 03, 2026
P/S = 0.4545
P/B = 2.4542
P/EG = -126.11
Revenue TTM = 2.03b USD
EBIT TTM = 366.2m USD
EBITDA TTM = 639.7m USD
Long Term Debt = 2.90b USD (from longTermDebt, last quarter)
Short Term Debt = 38.1m USD (from shortTermDebt, last quarter)
Debt = 3.03b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.02b USD (from netDebt column, last quarter)
Enterprise Value = 4.50b USD (1.48b + Debt 3.03b - CCE 8.66m)
Interest Coverage Ratio = 1.39 (Ebit TTM 366.2m / Interest Expense TTM 263.8m)
EV/FCF = 13.19x (Enterprise Value 4.50b / FCF TTM 340.8m)
FCF Yield = 7.58% (FCF TTM 340.8m / Enterprise Value 4.50b)
FCF Margin = 16.82% (FCF TTM 340.8m / Revenue TTM 2.03b)
Net Margin = 6.19% (Net Income TTM 125.4m / Revenue TTM 2.03b)
Gross Margin = 36.94% ((Revenue TTM 2.03b - Cost of Revenue TTM 1.28b) / Revenue TTM)
Gross Margin QoQ = 28.11% (prev 27.77%)
Tobins Q-Ratio = 1.05 (Enterprise Value 4.50b / Total Assets 4.30b)
Interest Expense / Debt = 2.12% (Interest Expense 64.2m / Debt 3.03b)
Taxrate = 21.0% (US default 21%)
NOPAT = 289.3m (EBIT 366.2m * (1 - 21.00%))
Current Ratio = 1.26 (Total Current Assets 717.9m / Total Current Liabilities 570.3m)
Debt / Equity = 4.70 (Debt 3.03b / totalStockholderEquity, last quarter 644.3m)
Debt / EBITDA = 4.72 (Net Debt 3.02b / EBITDA 639.7m)
Debt / FCF = 8.86 (Net Debt 3.02b / FCF TTM 340.8m)
Total Stockholder Equity = 682.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.73% (Net Income 125.4m / Total Assets 4.30b)
RoE = 18.39% (Net Income TTM 125.4m / Total Stockholder Equity 682.1m)
RoCE = 10.21% (EBIT 366.2m / Capital Employed (Equity 682.1m + L.T.Debt 2.90b))
RoIC = 8.03% (NOPAT 289.3m / Invested Capital 3.60b)
WACC = 4.33% (E(1.48b)/V(4.50b) * Re(9.76%) + D(3.03b)/V(4.50b) * Rd(2.12%) * (1-Tc(0.21)))
Discount Rate = 9.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.98%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈225.1m ; Y1≈277.7m ; Y5≈472.9m
Fair Price DCF = 86.54 (EV 13.77b - Net Debt 3.02b = Equity 10.75b / Shares 124.3m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 13.38 | EPS CAGR: 6.44% | SUE: -0.12 | # QB: 0
Revenue Correlation: -39.99 | Revenue CAGR: -26.78% | SUE: 0.16 | # QB: 0
EPS next Year (2027-03-31): EPS=0.94 | Chg30d=+0.340 | Revisions Net=+1 | Growth EPS=+118.6% | Growth Revenue=-34.8%