NGL Energy Partners LP (NYSE: NGL) on Monday, soared 5.92% from the previous trading day, before settling in for the closing price of $4.9. Within the past 52 weeks, NGL’s price has moved between $2.64 and $5.73.
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A company in the Energy sector has jumped its sales by 33.51% annually for the last half of the decade. The company achieved an average annual earnings per share of 143.33%. With a float of $103.89 million, this company’s outstanding shares have now reached $130.14 million.
In an organization with 569 employees, it is important to assess its efficiency.
NGL Energy Partners LP (NGL) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of NGL Energy Partners LP is 18.74%, while institutional ownership is 39.05%. The most recent insider transaction that took place on Feb 14 ’25, was worth 215,852. In this transaction Chief Executive Officer of this company bought 45,000 shares at a rate of $4.80, taking the stock ownership to the 648,000 shares. Before that another transaction happened on Feb 13 ’25, when Company’s Chief Executive Officer bought 25,983 for $4.32, making the entire transaction worth $112,325. This insider now owns 2,964,598 shares in total.
NGL Energy Partners LP (NGL) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.21 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.08) by -0.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 143.33% per share during the next fiscal year.
NGL Energy Partners LP (NYSE: NGL) Trading Performance Indicators
NGL Energy Partners LP (NGL) is currently performing well based on its current performance indicators. A quick ratio of 1.08 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 4.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.41, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.49 in one year’s time.
Technical Analysis of NGL Energy Partners LP (NGL)
Let’s dig in a bit further. During the last 5-days, its volume was 1.3 million. That was better than the volume of 0.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.10%.
During the past 100 days, NGL Energy Partners LP’s (NGL) raw stochastic average was set at 99.03%, which indicates a significant increase from 98.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.19 in the past 14 days, which was lower than the 0.22 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.44, while its 200-day Moving Average is $4.36. However, in the short run, NGL Energy Partners LP’s stock first resistance to watch stands at $5.31. Second resistance stands at $5.42. The third major resistance level sits at $5.63. If the price goes on to break the first support level at $4.98, it is likely to go to the next support level at $4.77. The third support level lies at $4.66 if the price breaches the second support level.
NGL Energy Partners LP (NYSE: NGL) Key Stats
Market capitalization of the company is 663.54 million based on 127,847K outstanding shares. Right now, sales total 3,469 M and income totals 39,370 K. The company made 622,160 K in profit during its latest quarter, and 68,920 K in sales during its previous quarter.
