Analysts See $0.45 EPS for NGL Energy Partners LP (NGL)

May 23, 2018 - By Nellie Frank

Investors sentiment decreased to 0.76 in 2017 Q4. Its down 0.24, from 1 in 2017Q3. It dived, as 12 investors sold NGL Energy Partners LP shares while 39 reduced holdings. 21 funds opened positions while 18 raised stakes. 74.82 million shares or 0.54% more from 74.43 million shares in 2017Q3 were reported.
Deutsche Commercial Bank Ag holds 60,665 shares. Raymond James Advisors invested in 117,175 shares or 0.01% of the stock. The Missouri-based Benjamin F Edwards & Communications has invested 0% in NGL Energy Partners LP (NYSE:NGL). Susquehanna Grp Inc Limited Liability Partnership invested 0% in NGL Energy Partners LP (NYSE:NGL). Baldwin Brothers Ma owns 7,250 shares or 0.02% of their US portfolio. Winslow Evans & Crocker Inc holds 0% of its portfolio in NGL Energy Partners LP (NYSE:NGL) for 170 shares. Oppenheimer Asset has 21,395 shares. Jpmorgan Chase & holds 0.01% or 2.41 million shares in its portfolio. Penbrook Mngmt Ltd Liability Com owns 15,000 shares or 0.19% of their US portfolio. Blackstone Grp L P holds 0.47% or 8.22M shares. The Kansas-based Koch has invested 0.04% in NGL Energy Partners LP (NYSE:NGL). Highland Capital Management Lp reported 0.07% of its portfolio in NGL Energy Partners LP (NYSE:NGL). 67,920 are owned by Driehaus Capital Mngmt Ltd Llc. Gsa Capital Prns Llp has 0.05% invested in NGL Energy Partners LP (NYSE:NGL) for 61,365 shares. State Street Corporation holds 0% of its portfolio in NGL Energy Partners LP (NYSE:NGL) for 12,764 shares.

Since March 16, 2018, it had 1 buying transaction, and 0 insider sales for $336,747 activity.

Analysts expect NGL Energy Partners LP (NYSE:NGL) to report $0.45 EPS on May, 24.They anticipate $0.31 EPS change or 221.43 % from last quarter’s $0.14 EPS. NGL’s profit would be $54.49 million giving it 6.17 P/E if the $0.45 EPS is correct. After having $0.32 EPS previously, NGL Energy Partners LP’s analysts see 40.63 % EPS growth. The stock increased 2.78% or $0.3 during the last trading session, reaching $11.1. About 831,957 shares traded or 60.46% up from the average. NGL Energy Partners LP (NYSE:NGL) has declined 50.71% since May 23, 2017 and is downtrending. It has underperformed by 62.26% the S&P500.

NGL Energy Partners LP (NYSE:NGL) Ratings Coverage

Among 4 analysts covering NGL Energy Partners (NYSE:NGL), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. NGL Energy Partners has $20.0 highest and $11 lowest target. $15.25’s average target is 37.39% above currents $11.1 stock price. NGL Energy Partners had 5 analyst reports since January 5, 2018 according to SRatingsIntel. As per Monday, February 12, the company rating was maintained by RBC Capital Markets. The firm earned “Buy” rating on Tuesday, January 16 by RBC Capital Markets. UBS maintained it with “Buy” rating and $17 target in Friday, March 2 report. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, March 15.

NGL Energy Partners LP, through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the United States. The company has market cap of $1.34 billion. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. It currently has negative earnings. The Water Solutions segment is involved in the treatment and disposal of wastewater generated from natural gas and crude oil production operations; disposal of solids, such as tank bottoms, drilling fluids, and performs truck and frac tank washouts; and sale of recovered hydrocarbons.

More news for NGL Energy Partners LP (NYSE:NGL) were recently published by: Businesswire.com, which released: “NGL Energy Partners Announces Quarterly Cash Distribution” on April 24, 2018. Globenewswire.com‘s article titled: “Investor Expectations to Drive Momentum within Masco, Murphy Oil, NGL Energy Partners LP, PBF Energy, PDL …” and published on May 08, 2018 is yet another important article.

NGL Energy Partners LP (NYSE:NGL) Institutional Positions Chart

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