NGL Energy Partners (NGL) to Release Quarterly Earnings on Tuesday

NGL Energy Partners (NYSE:NGL) is scheduled to announce its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

NGL Energy Partners (NYSE:NGL) last issued its earnings results on Thursday, August 8th. The oil and gas company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.27). NGL Energy Partners had a negative net margin of 2.28% and a positive return on equity of 36.54%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the business posted ($0.11) EPS. On average, analysts expect NGL Energy Partners to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NGL Energy Partners Price Performance

NGL opened at $4.20 on Friday. The company has a fifty day moving average price of $4.36 and a two-hundred day moving average price of $4.81. The firm has a market capitalization of $556.54 million, a PE ratio of -1.94 and a beta of 1.70. NGL Energy Partners has a 52 week low of $3.80 and a 52 week high of $6.20. The company has a debt-to-equity ratio of 28.52, a quick ratio of 0.96 and a current ratio of 1.15.

About NGL Energy Partners

NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water.