At the end of the latest market close, NGL Energy Partners LP (NGL) was valued at $2.26. In that particular session, Stock kicked-off at the price of $2.28 while reaching the peak value of $2.37 and lowest value recorded on the day was $2.26. The stock current value is $2.28.
Recently in News on June 4, 2021, CORRECTING and REPLACING NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2021 Financial Results. Seventh paragraph (under Crude Oil Logistics), second sentence should read: During the three months ended March 31, 2021, financial volumes on the Grand Mesa Pipeline averaged approximately 66,000 barrels per day compared to 131,000 barrels per day during the prior year period, a decrease primarily due to the bankruptcy court’s approved rejection of the Extraction transportation agreement. Winter storm Uri in February 2021 reduced not only volumes at the lease in all areas of our operations, including the DJ Basin, but also refinery demand due to outages on the United States Gulf Coast. (instead of During the three months ended March 31, 2021, financial volumes on the Grand Mesa Pipeline averaged approximately 131,000 barrels per day during the prior year period, a decrease primarily due to the bankruptcy court’s approved rejection of the Extraction transportation agreement. Winter storm Uri in February 2021 reduced not only volumes at the lease in all areas of our operations, including the DJ Basin, but also refinery demand due to outages on the United States Gulf Coast.). You can read further details here
NGL Energy Partners LP had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.09 on 01/21/21, with the lowest value was $1.87 for the same time period, recorded on 04/21/21.
NGL Energy Partners LP (NGL) full year performance was -64.60%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, NGL Energy Partners LP shares are logging -67.24% during the 52-week period from high price, and 21.93% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.87 and $6.96.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1857184 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the NGL Energy Partners LP (NGL) recorded performance in the market was -5.00%, having the revenues showcasing -11.63% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 367.26M, as it employees total of 1400 workers.
Analysts verdict on NGL Energy Partners LP (NGL)
During the last month, 0 analysts gave the NGL Energy Partners LP a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.38, with a change in the price was noted -0.63. In a similar fashion, NGL Energy Partners LP posted a movement of -21.65% for the period of last 100 days, recording 2,714,516 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NGL is recording 5.70 at the time of this writing. In addition, long term Debt to Equity ratio is set at 5.70.
NGL Energy Partners LP (NGL): Technical Analysis
Raw Stochastic average of NGL Energy Partners LP in the period of last 50 days is set at 30.71%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 14.75%. In the last 20 days, the company’s Stochastic %K was 15.05% and its Stochastic %D was recorded 29.08%.
Let’s take a glance in the erstwhile performances of NGL Energy Partners LP, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -5.00%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -9.16%, alongside a downfall of -64.60% for the period of the last 12 months. The shares increased approximately by -17.99% in the 7-day charts and went down by 1.33% in the period of the last 30 days. Common stock shares were lifted by -11.63% during last recorded quarter.