NGL Energy PartnersNGL
Market Cap: $555M
About: NGL Energy Partners LP is a USA-based firm that owns and operates a vertically integrated energy business. The company's operating segments include Crude Oil Logistics, Water Solutions, and Liquids Logistics. It operates crude oil Logistics, owns pipeline injection stations, and offers services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. The firm also supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants and sells propane and distillates.
Employees: 607
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1% more funds holding
Funds holding: 86 [Q1] → 87 (+1) [Q2]
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
1% more call options, than puts
Call options by funds: $1.24M | Put options by funds: $1.23M
6.91% less ownership
Funds ownership: 50.22% [Q1] → 43.31% (-6.91%) [Q2]
24% less capital invested
Capital invested by funds: $383M [Q1] → $290M (-$92.7M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for NGL.