NGL Energy Partners (NGL) Scheduled to Post Earnings on Tuesday

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

NGL Energy Partners (NYSE:NGL) last announced its earnings results on Thursday, August 8th. The oil and gas company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.27). The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.44 billion. NGL Energy Partners had a positive return on equity of 36.54% and a negative net margin of 2.28%. During the same period in the prior year, the business posted ($0.11) earnings per share. 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 Stock Up 0.7 %

Shares of NGL stock opened at $4.20 on Monday. NGL Energy Partners has a 1 year low of $3.80 and a 1 year high of $6.20. The company has a current ratio of 1.15, a quick ratio of 0.96 and a debt-to-equity ratio of 28.52. The stock has a 50 day simple moving average of $4.36 and a 200 day simple moving average of $4.81.

NGL Energy Partners Company Profile

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.