NGL Energy Partners (NGL) AI Stock Analysis

• Market Cap: $1.16B
• Dividend Yield: N/A
• Average Volume (3M): 334.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.30
• 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: 442,863
• 30 Day Avg. Volume: 334,863
• 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: 3.97
• Enterprise Value/Revenue: 3.15
• Enterprise Value/Gross Profit: 5.94
• Enterprise Value/Ebitda: 7.05
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $9.50 ▲(51.03% Upside)

NGL Energy Partners' strong earnings call performance and bullish technical indicators are offset by concerns over high leverage and declining revenue. The negative P/E ratio further impacts the valuation score, leading to a moderate overall stock score.

Positive Factors

Water Solutions Growth

The strong growth in the Water Solutions segment highlights NGL's ability to capitalize on increasing demand for water management services, a critical area in the energy sector, ensuring long-term revenue stability and expansion opportunities.

Strategic Financial Management

Effective financial management through interest rate reduction demonstrates NGL's commitment to optimizing its capital structure, enhancing cash flow, and reducing financial costs, which supports long-term financial health.

Increased EBITDA Guidance

Raising EBITDA guidance reflects confidence in operational performance and growth prospects, particularly in water solutions, suggesting sustained profitability and business expansion.

Negative Factors

Revenue Decline

The significant revenue decline indicates potential challenges in maintaining market share or pricing power, which could impact long-term growth and competitiveness in the energy sector.

High Leverage

High leverage remains a concern as it can limit financial flexibility and increase vulnerability to economic downturns, potentially affecting NGL's ability to invest in growth opportunities.

Increased Capital Expenditure

The need for increased capital expenditure could strain financial resources and impact cash flow, posing a risk if expected returns on these investments do not materialize as planned.

NGL Energy Partners Business Overview & Revenue Model

Company Description

NGL Energy Partners is a publicly traded master limited partnership that provides a diverse range of services primarily in the energy and water sectors. The company operates through several segments, including crude oil logistics, water solutions, and liquid hydrocarbons. NGL specializes in the transportation, storage, and disposal of crude oil, as well as the management of produced water and other fluids associated with oil and gas production. With a focus on operational excellence and strategic asset acquisitions, NGL aims to deliver value to its partners and customers in the energy industry.

How the Company Makes Money

NGL Energy Partners generates revenue through multiple key streams, primarily from its logistics and water solutions segments. The crude oil logistics segment earns income by offering transportation and storage services for crude oil, charging fees based on the volume of oil handled and the distance transported. In the water solutions segment, the company provides services related to the disposal and treatment of produced water, which includes charging customers for the handling and processing of wastewater from oil and gas operations. Additionally, NGL earns revenue from liquid hydrocarbons by selling refined products and by-products. The company also benefits from strategic partnerships with major oil and gas companies, enhancing its service offerings and expanding its customer base, which contributes significantly to its earnings.

NGL Energy Partners Financial Statement Overview

Summary

NGL Energy Partners shows decent profitability margins with a strong cash flow position. However, the declining revenue trend and high leverage pose risks to financial stability.

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	1.46B	3.47B	4.15B	5.68B	7.95B	5.23B
Gross Profit	771.99M	707.38M	701.76M	716.50M	519.88M	415.97M
EBITDA	651.20M	594.99M	380.41M	558.06M	377.76M	-124.48M
Net Income	54.46M	39.37M	-143.75M	51.39M	-184.76M	-637.42M
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	2.95B	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: 6.29
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 6.29 is below the 20-day moving average (MA) of 6.78, below the 50-day MA of 6.35, and above the 200-day MA of 4.76, indicating a bullish trend. The MACD of 0.64 indicates Negative momentum. The RSI at 89.93 is Negative, neither overbought nor oversold. The STOCH value of 98.24 is Negative, 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	69 Neutral	$1.16B	―	12.40%	―	-38.82%	92.56%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GLP	60 Neutral	$1.51B	17.09	13.89%	6.50%	4.10%	-36.72%
GEL	49 Neutral	$1.99B	―	-11.88%	4.09%	-36.47%	-75.37%
SMC	46 Neutral	$397.85M	-0.94	-25.85%	―	2.91%	-432.03%
MMLP	42 Neutral	$103.11M	―	―	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.

NGL Energy Partners’ Earnings Call Highlights Strategic Gains

NGL Energy Partners’ recent earnings call conveyed a generally positive sentiment, primarily driven by strong performance in the Water Solutions segment and strategic debt reduction efforts. Despite challenges in the Crude Oil and Liquids Logistics segments, the company’s focus on capital allocation and cost management supports a favorable outlook.

NGL Energy Partners Reports Strategic Shift and Earnings Growth

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 purchase and transportation, and natural gas liquids supply operations across the United States and Canada.