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NGL Energy Partners (NGL)

(Delayed Data from NYSE)

$5.73 USD

5.73
355,289

-0.06 (-1.04%)

Updated May 10, 2024 04:00 PM ET

After-Market: $5.73 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 14% (215 out of 250)

Industry: Oil and Gas - Refining and Marketing - Master Limited Partnerships

Better trading starts here.

Zacks News

Patterson-UTI (PTEN) Q2 Earnings In Line, Revenues Rise Y/Y

Patterson-UTI (PTEN) reduces capex to $485 million for second-half 2023, targeting $280 million for contract drilling, $140 million for pressure pumping and $20 million for directional drilling in Q3.

Helmerich & Payne (HP) Beats on Q3 Earnings and Revenues

Helmerich & Payne (HP) expects a $400 million CapEx for 2023, with $30 million in R&D, $385 million in depreciation and amortization and $180-205 million in taxes.

NOV Beats on Q2 Earnings, Expects Breakeven Free Cash Flow

NOV expects free cash flow to break even in 2023 and exceed 50% of EBITDA in 2024.

Oceaneering (OII) Q2 Earnings and Revenues Miss Estimates

Oceaneering (OII) expects consolidated EBITDA and free cash flow in the band of $2275-$310 million and $90-$130 million, respectively, for 2023. It also anticipates capital expenditures in the range of $90-$110 million.

Core Laboratories (CLB) Q2 Earnings Top, Revenues Miss

Core Laboratories (CLB) anticipates revenues and operating income in the range of $128-$132 million and $15.2-$17.5 million, respectively, with earnings in the band of 21-25 cents per share for Q3 2023.

Nabors (NBR) Q2 Earnings Lag Estimates, Sales Beat

Nabors (NBR) expects $125 million capital spending for Q3 2023, with $48 million allocated for Saudi Arabian construction.

TC Energy (TRP) Declares Force Majeure Owing to Pipeline Issue

TC Energy (TRP) announces force majeure after isolating Columbia Gas Line in Virginia, raising energy supply concerns.

Shell (SHEL) Sells 35% Stake in Indonesia's Masela Gas Project

Shell (SHEL) agrees to sell its 35% stake in Indonesia's Masela production-sharing contract for $650 million.

TC Energy (TRP) Sells Pipeline Stake to GIP in a $3.9B Deal

TC Energy (TRP) plans to sell a 40% interest in its Columbia Gas Transmission and Columbia Gulf Transmission systems to Global Infrastructure Partners for raising capital and reducing debt.

Chevron (CVX) Considers Lithium Production for EV Batteries

Chevron (CVX) plans lithium production for electric vehicle batteries, leveraging core capabilities in the clean energy pivot.

Shell (SHEL) Wins a High Court Battle Against ClientEarth

Shell (SHEL) receives support from the London High Court as it dismissed ClientEarth's second attempt to accuse the company of mismanaging climate risks.

Liberty (LBRT) Q2 Earnings and Revenues Miss Estimates

Liberty (LBRT) holds a positive outlook, given OPEC+ supply cuts, production growth slowdown, U.S. inventories slowdown and strategic petroleum reserves refilling.

Equinor (EQNR) to Acquire Renewable Energy Leader Rio Energy

Equinor (EQNR) inks an agreement with Denham Capital to acquire Rio Energy in a bid to strengthen its position in the Brazilian market.

ExxonMobil (XOM) to Build Arkansas Facility in Lithium Quest

ExxonMobil (XOM) plans to construct a sizeable lithium processing plant in Arkansas that is expected to have abundant lithium deposits.

Cheniere (LNG) Plans New Gas Pipeline for Further Growth

Cheniere (LNG) eyes a new pipeline project to link its Louisiana facility to major shale-gas regions for diversification and growth.

Are Oils-Energy Stocks Lagging NGL Energy Partners (NGL) This Year?

Here is how NGL Energy Partners LP (NGL) and Oceaneering International (OII) have performed compared to their sector so far this year.

Nilanjan Choudhury headshot

4 Refining & Marketing MLP Stocks on Solid Ground

TRGP, SUN, CLMT and NGL present an opportunity for stability and reliable returns in the Zacks Oil and Gas - Refining & Marketing MLP industry.

Enterprise (EPD) Begins Operations at Its Sixth Midland Basin Plant

Enterprise (EPD) begins operations at its Poseidon cryogenic natural gas processing plant, the sixth of its kind in the Midland Basin.

Petrobras (PBR) Boosts Refining Plan Amid Rising Diesel Imports

Petrobras (PBR) aims to boost local motor fuel production, import Russian diesel and prioritize domestic output for maintaining a competitive edge in the market.

Transocean (RIG) Announces $518 Million Drillship Contract

Transocean (RIG) secures a $518 million ultra-deepwater drillship contract, reinforcing its market position.

Petrobras (PBR) Initiates Call for SHF Radio Links at Offshore Units

Petrobras (PBR) opens tender for high-frequency radio links in Campos and Espirito Santo.

Chevron (CVX) Uses Mini ROVs for Offshore Angola Inspections

Chevron's (CVX) journey with mini remotely operated vehicles started in Angola in 2020. It plans to conduct more than 150 surveys in the next three years.

Linde (LIN) Signs Major Renewable Energy Contracts in Brazil

Linde's (LIN) subsidiary, White Martins, enters into two massive renewable energy supply agreements in Brazil.

Shell (SHEL) Halts Crude Oil Loading at Forcados Terminal

Shell's (SHEL) subsidiary reportedly stops Nigeria's Forcados crude oil loading due to a leak at the terminal.

Shell (SHEL) Secures Long-Term LNG Supply Deal With Morocco

Shell (SHEL) signs a 12-year deal with Morocco for the annual delivery of liquefied natural gas, aiding energy transition goals.