NGL Energy Partners (NYSE:NGL) Director James Collingsworth Buys 10,808 Shares

NGL Energy Partners LP (NYSE:NGLGet Free Report) Director James Collingsworth purchased 10,808 shares of NGL Energy Partners stock in a transaction that occurred on Tuesday, August 25th. The shares were bought at an average cost of $16.82 per share, for a total transaction of $181,790.56. Following the completion of the transaction, the director directly owned 764,308 shares in the company, valued at $12,855,660.56. This represents a 1.43% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

NGL Energy Partners Trading Down 2.2%

NYSE:NGL traded down $0.38 during trading hours on Wednesday, hitting $17.13. The stock had a trading volume of 203,777 shares, compared to its average volume of 299,005. NGL Energy Partners LP has a 1-year low of $5.01 and a 1-year high of $18.80. The business has a 50 day simple moving average of $16.12 and a two-hundred day simple moving average of $14.73. The company has a market cap of $2.14 billion, a PE ratio of -6.03 and a beta of 0.63.

NGL Energy Partners (NYSE:NGLGet Free Report) last posted its earnings results on Tuesday, August 4th. The oil and gas company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.37. The business had revenue of $989.99 million for the quarter, compared to analysts’ expectations of $346.13 million. NGL Energy Partners had a negative net margin of 3.76% and a negative return on equity of 39.51%. Research analysts expect that NGL Energy Partners LP will post 1.38 EPS for the current fiscal year.

Hedge Funds Weigh In On NGL Energy Partners

Large investors have recently modified their holdings of the stock. Bank of America Corp DE raised its stake in NGL Energy Partners by 18.7% during the third quarter. Bank of America Corp DE now owns 11,728,872 shares of the oil and gas company’s stock valued at $70,373,000 after buying an additional 1,843,849 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of NGL Energy Partners by 9.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 7,522,370 shares of the oil and gas company’s stock valued at $75,224,000 after acquiring an additional 651,779 shares during the last quarter. Angelo Gordon & CO. L.P. acquired a new stake in shares of NGL Energy Partners during the 2nd quarter valued at approximately $2,730,000. BNP Paribas Financial Markets raised its position in shares of NGL Energy Partners by 2,963.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 292,261 shares of the oil and gas company’s stock valued at $1,754,000 after acquiring an additional 282,721 shares in the last quarter. Finally, ING Groep NV lifted its stake in NGL Energy Partners by 4.9% during the fourth quarter. ING Groep NV now owns 5,174,803 shares of the oil and gas company’s stock worth $51,748,000 after purchasing an additional 243,000 shares during the last quarter. Institutional investors own 40.62% of the company’s stock.

Analyst Ratings Changes

NGL has been the topic of several recent analyst reports. Wall Street Zen upgraded NGL Energy Partners from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings downgraded NGL Energy Partners from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Finally, Zacks Research raised NGL Energy Partners from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, NGL Energy Partners has a consensus rating of “Buy”.

Check Out Our Latest Analysis on NGL

Key NGL Energy Partners News

Here are the key news stories impacting NGL Energy Partners this week:

  • Positive Sentiment: Strong earnings momentum: NGL reported quarterly earnings of $0.48 per share, well above the $0.11 analyst consensus, while revenue of approximately $990 million also substantially exceeded expectations. Analysts forecast full-year earnings of $1.38 per share.
  • Positive Sentiment: Significant director purchases: Director John T. Raymond bought 300,000 shares for about $5.1 million at an average price of $16.98 on August 25. The purchase increased his holdings by roughly 392%, a potentially bullish signal that an insider sees value in NGL at recent levels. SEC filing for director purchase
  • Positive Sentiment: Supportive industry backdrop: Midstream companies generally benefited from strong second-quarter volumes, healthy margins, demand for natural gas and NGL exports, and relatively defensive fee-based cash flows. Strong Midstream 2Q26 Earnings Boost Full-Year Outlook
  • Neutral Sentiment: Mixed analyst and ownership signals: The stock carries an overall “Buy” consensus, including Strong Buy and Hold ratings, while institutional investors own approximately 40.6% of outstanding shares. Recent institutional accumulation provides support, but ratings remain limited.
  • Negative Sentiment: CEO reduced his position: CEO H. Michael Krimbill sold 300,000 shares for approximately $5.1 million at $17.00, reducing his holdings by 8.16%. Although he still owns more than 3.3 million shares, the large insider sale could raise concerns about near-term valuation or profit-taking. SEC filing for CEO sale

About NGL Energy Partners

(Get Free Report)

NGL Energy Partners LP is a publicly traded master limited partnership that provides midstream infrastructure and marketing services for the energy industry. The company focuses on the transportation, storage, fractionation and marketing of natural gas liquids (NGLs) and refined petroleum products. Through its integrated operations, NGL Energy Partners serves producers, processors, refiners and industrial customers across key U.S. energy-producing regions.

The partnership’s asset base includes pipelines, storage terminals, fractionation plants, and distribution facilities.

Further Reading

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