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The latest announcement is out from NGL Energy Partners ( (NGL) ).
On February 9, 2026, NGL Energy Partners held a special meeting of unitholders of record as of December 18, 2025, to vote on a new long-term incentive plan, the appointment of its independent auditor for fiscal 2026, and a potential adjournment option. Unitholders approved the 2025 Long-Term Incentive Plan and ratified Grant Thornton LLP as the independent registered public accounting firm for fiscal 2026, reinforcing the partnership’s executive and employee compensation framework and confirming continuity in its external financial oversight, while the adjournment proposal was deemed unnecessary and was not acted upon.
The most recent analyst rating on (NGL) stock is a Buy with a $13.50 price target. To see the full list of analyst forecasts on NGL Energy Partners stock, see the NGL Stock Forecast page.
Spark’s Take on NGL Stock
According to Spark, TipRanks’ AI Analyst, NGL is a Neutral.
The score is driven primarily by improving operations and cash generation but constrained by a still-leveraged balance sheet. Technicals are strong with price above key moving averages and positive momentum, while valuation is hindered by a negative P/E and lack of dividend yield data. The latest earnings call adds support via reaffirmed guidance, record Water Solutions volumes, and ongoing deleveraging/capital allocation progress.
To see Spark’s full report on NGL stock, click here.
More about NGL Energy Partners
NGL Energy Partners is a midstream energy partnership that operates in the oil and gas sector, with activities typically focused on the transportation, storage, blending, and marketing of crude oil, natural gas liquids, and other related energy products. The partnership primarily serves producers, refiners, and other industry participants across North American energy markets.
Average Trading Volume: 406,622
Technical Sentiment Signal: Buy
Current Market Cap: $1.48B
Learn more about NGL stock on TipRanks’ Stock Analysis page.