Ngl Energy Partners Stock Analysis

NGL Stock Analysis Notes

About 41.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.94. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NGL Energy Partners recorded a loss per share of 0.6. The entity last dividend was issued on the 5th of November 2020. NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products renewables, and water solutions. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma. Ngl Energy operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 842 people. To find out more about NGL Energy Partners contact H Krimbill at 918 481 1119 or learn more at https://www.nglenergypartners.com.

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NGL Stock Institutional Investors

Note, although NGL Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NGL Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 756.65 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NGL Energy's market, we take the total number of its shares issued and multiply it by NGL Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

NGL Profitablity

The company has Net Profit Margin of 0.01 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income.

Management Efficiency

NGL Energy Partners has Return on Asset of 0.0427 % which means that on every $100 spent on assets, it made $0.0427 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0437 %, implying that it generated $0.0437 on every 100 dollars invested. NGL Energy's management efficiency ratios could be used to measure how well NGL Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, NGL Energy's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.01 this year, although the value of Return On Capital Employed will most likely fall to 0.05. At this time, NGL Energy's Non Currrent Assets Other are quite stable compared to the past year. Return On Tangible Assets is expected to rise to 0.02 this year, although the value of Non Current Assets Total will most likely fall to about 3.4 B.

Technical Drivers

As of the 19th of April, NGL Energy secures the mean deviation of 1.21, and Risk Adjusted Performance of 0.0572. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NGL Energy Partners, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for NGL Energy, which can be compared to its peers in the industry. Please verify NGL Energy Partners coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if NGL Energy Partners is priced more or less accurately, providing market reflects its recent price of 5.72 per share. Given that NGL Energy Partners has jensen alpha of 0.1059, we recommend you to check NGL Energy's last-minute market performance to make sure the company can sustain itself at some point in the future.

NGL Energy Partners Price Movement Analysis

NGL Energy Partners Insider Trading Activities

NGL Energy Predictive Daily Indicators

NGL Energy Corporate Filings

NGL Energy Forecast Models

NGL Energy's time-series forecasting models are one of many NGL Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NGL Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how NGL Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NGL shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as NGL Energy. By using and applying NGL Stock analysis, traders can create a robust methodology for identifying NGL entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NGL analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. NGL analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

NGL Energy Partners stock analysis indicators help investors evaluate how NGL Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NGL Energy shares will generate the highest return on investment. By understating and applying NGL Energy stock analysis, traders can identify NGL Energy position entry and exit signals to maximize returns.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the NGL Energy Partners information on this page should be used as a complementary analysis to other NGL Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

When running NGL Energy's price analysis, check to measure NGL Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NGL Energy is operating at the current time. Most of NGL Energy's value examination focuses on studying past and present price action to predict the probability of NGL Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NGL Energy's price. Additionally, you may evaluate how the addition of NGL Energy to your portfolios can decrease your overall portfolio volatility.

Is NGL Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NGL Energy. If investors know NGL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NGL Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NGL Energy's market value can be influenced by many factors that don't directly affect NGL Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.