NGL Energy Partners (NGL) AI Stock Analysis

• Market Cap: $1.24B
• Dividend Yield: N/A
• Average Volume (3M): 437.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: -38.82%
• EPS Growth: 92.56%
• Country: US
• Employees: 607
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Midstream
• EPS (TTM): 0.02
• Shares Outstanding: 125,722,500
• 10 Day Avg. Volume: 416,848
• 30 Day Avg. Volume: 437,165
• PEG Ratio: -0.21
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 0.17
• P/FCF Ratio: 11.60
• Enterprise Value/Market Cap: 3.71
• Enterprise Value/Revenue: 2.26
• Enterprise Value/Gross Profit: 6.13
• Enterprise Value/Ebitda: 7.17
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.26
• Revenue Forecast (FY): $2.77B

• Rating: 67 Neutral
• Price Target: $11.00 ▲(11.68% Upside)

NGL Energy Partners' overall stock score reflects strong technical indicators and positive earnings call highlights, which are offset by valuation concerns and mixed financial performance. The company's strategic focus on growth in the Water Solutions segment and effective cash flow management are positives, but high leverage and declining revenue present risks.

Positive Factors

Water Solutions Growth

The strong performance in the Water Solutions segment, with significant EBITDA growth, indicates a robust and expanding market presence, which is likely to drive future revenue and profitability.

Financial Management

Effective financial management through interest savings enhances cash flow and reduces financial burden, supporting long-term financial health.

Strategic Capital Allocation

Strategic repurchase of preferred units reduces distribution costs, improving financial efficiency and allowing for better capital allocation.

Negative Factors

Revenue Decline

A notable decline in revenue poses a risk to long-term growth and profitability, potentially impacting the company's ability to invest in future opportunities.

High Leverage

High leverage can strain financial flexibility and increase risk, particularly in volatile market conditions, affecting long-term sustainability.

Increased Capital Expenditure

Higher capital expenditures for growth can pressure cash flows and require careful management to ensure returns justify the investment.

NGL Energy Partners Business Overview & Revenue Model

Company Description

NGL Energy Partners is a diversified midstream services company that operates primarily in the transportation, storage, and disposal of crude oil, water solutions, and other liquids. The company provides services across several sectors, including crude oil logistics, water solutions for the oil and gas industry, and renewable energy. NGL's core offerings include transportation, storage, and disposal services, as well as terminaling and blending services for various liquid commodities.

How the Company Makes Money

NGL Energy Partners generates revenue through multiple key streams, including transportation fees for hauling crude oil, charges for terminal storage, and fees associated with water disposal services. The company operates a fleet of trucks and pipelines that facilitate the efficient movement of crude oil and produced water, generating significant revenue from transportation contracts. Additionally, NGL earns income from its water solutions business, which involves the management and disposal of produced water generated during oil extraction. Strategic partnerships with oil and gas producers enhance NGL's revenue potential by securing long-term contracts and expanding its service capabilities, while its focus on operational efficiency helps to maintain competitive pricing and profitability.

NGL Energy Partners Financial Statement Overview

Summary

NGL Energy Partners shows mixed financial performance. While profitability margins are decent, with a gross profit margin of 39.9% and net profit margin of 3.3%, the revenue decline of 15.1% is concerning. The balance sheet indicates high leverage with a debt-to-equity ratio of 0.99, though there is improvement. Strong cash flow management is evident with a 61.7% growth in free cash flow, providing a buffer against revenue declines.

Income Statement

NGL Energy Partners shows a mixed performance in its income statement. The TTM data indicates a gross profit margin of approximately 39.9%, which is strong, but the net profit margin is relatively low at 3.3%. The company has experienced a significant revenue decline of 15.1% in the TTM period, which is a concern. However, the EBIT and EBITDA margins are reasonable at 7.2% and 13.5%, respectively, indicating operational efficiency. Overall, while profitability margins are decent, the declining revenue trend poses a risk.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 0.99 in the TTM period, indicating significant leverage, though it has improved from previous periods. The return on equity is strong at 17.3%, suggesting effective use of equity to generate profits. However, the equity ratio is low, reflecting a higher reliance on debt financing. The company's financial stability is moderate, with potential risks due to high leverage.

Cash Flow

Cash flow analysis shows a positive trajectory with a 61.7% growth in free cash flow in the TTM period. The operating cash flow to net income ratio is healthy at 0.64, and the free cash flow to net income ratio is 0.55, indicating good cash generation relative to net income. These metrics suggest strong cash flow management, providing a buffer against revenue declines.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.03B	3.47B	4.15B	8.69B	7.95B	5.23B
Gross Profit	748.42M	707.38M	701.76M	716.50M	519.88M	733.20M
EBITDA	639.70M	594.99M	380.41M	558.06M	377.76M	408.73M
Net Income	125.44M	39.37M	-143.75M	51.39M	-184.76M	-639.82M
Balance Sheet
Total Assets	4.30B	4.61B	5.02B	5.46B	6.07B	5.95B
Cash, Cash Equivalents and Short-Term Investments	8.66M	13.55M	38.91M	5.43M	3.82M	4.83M
Total Debt	3.03B	3.08B	2.97B	2.95B	3.47B	3.47B
Total Liabilities	3.69B	3.91B	4.02B	4.14B	4.80B	4.45B
Stockholders Equity	644.32M	676.70M	1.03B	1.35B	1.30B	1.48B
Cash Flow
Free Cash Flow	340.77M	51.65M	51.65M	297.42M	63.49M	117.19M
Operating Cash Flow	497.02M	297.46M	297.46M	445.19M	205.85M	303.99M
Investing Cash Flow	120.21M	-122.81M	-122.81M	64.19M	-212.41M	-221.49M
Financing Cash Flow	-616.32M	-207.91M	-207.91M	-507.76M	5.55M	-100.38M

NGL Energy Partners Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NGL, the sentiment is Positive. The current price of 9.85 is above the 20-day moving average (MA) of 9.23, above the 50-day MA of 7.44, and above the 200-day MA of 5.08, indicating a bullish trend. The MACD of 0.75 indicates Positive momentum. The RSI at 67.77 is Neutral, neither overbought nor oversold. The STOCH value of 55.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NGL.

NGL Energy Partners Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGL	67 Neutral	$1.24B	―	12.40%	―	-38.82%	92.56%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GLP	57 Neutral	$1.50B	21.03	11.24%	6.80%	4.10%	-36.72%
SMC	51 Neutral	$470.41M	-7.49	-1.23%	―	17.09%	72.64%
GEL	49 Neutral	$1.91B	―	-11.88%	4.23%	-36.47%	-75.37%
MMLP	42 Neutral	$101.93M	―	―	0.77%	-0.58%	-587.83%

NGL Energy Partners Corporate Events

NGL Energy Partners Reports Strong Earnings and Growth

NGL Energy Partners’ recent earnings call showcased a robust performance with record growth in key segments and an optimistic financial outlook. The call highlighted strategic financial and operational moves, particularly in the Water Solutions segment, which point to a positive trajectory for the company. However, the increased capital expenditures for growth signal a need for careful financial management moving forward.

NGL Energy Partners Reports Q3 2025 Earnings Highlights

NGL Energy Partners LP is a Delaware-based master limited partnership operating in the energy sector, primarily focusing on water solutions, crude oil logistics, and liquids logistics. The company provides services such as water transportation, treatment, and disposal, crude oil purchasing and transportation, and natural gas liquids supply operations across the United States and Canada.