How to Buy Ngl Energy Partners Stock

Ngl Energy Partners LP

Ngl Energy Partners is a oil & gas midstream company located in Oklahoma, United States, which is part of the Energy sector, and is traded under the ticker NGL on the NYSE exchange.

Ngl Energy Partners stock last closed at $3.70, down 3.39% from the previous day, and has increased 196% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 1.78 percentage points. Ngl Energy Partners stock is currently +270% from its 52-week low of $1.00, and -19.91% from its 52-week high of $4.62.

At the moment, there are 131.93M shares of NGL outstanding. The market value of NGL is $488.13M. In the last 24 hours, 345,886 NGL shares were traded.

How to Buy Ngl Energy Partners Stock

Wondering how to invest in Ngl Energy Partners stock? Here's how.
  1. Figure out where to buy Ngl Energy Partners stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Ngl Energy Partners stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your payment method and add your details.
  4. Analyze Ngl Energy Partners stock: The Ngl Energy Partners ticker symbol is NGL. Is Ngl Energy Partners stock a good investment? Should you buy shares of NGL? How do NGL's underlying business fundamentals look? Do top analysts think Ngl Energy Partners is a good buy? Why has NGL's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if NGL is a good stock to buy).
  5. Place your NGL trade: Decide if you will purchase NGL shares at the current market price or use a limit order to purchase NGL shares at a specific price.
  6. Watch your NGL position: Create a watchlist to keep track of your investment in Ngl Energy Partners shares.

Step 1: Figure out where to buy Ngl Energy Partners stock

You will need a brokerage account in order to access the NYSE market and buy NGL stock.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to invest in NGL today.

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Step 3: Put funds into your investment account

Now that you have created your account on investing apps, you can securely and quickly fund your account:

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Step 4: Analyze Ngl Energy Partners stock

Once you have identified the best place to buy Ngl Energy Partners stock, it's crucial to research their stock prior to buying, so you can understand the risk as well as the opportunity.

Ngl Energy Partners Numbers

NGL Price
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Next Earnings
Nov 7, 2023
Next Dividend

Ngl Energy Partners Zen Score

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on NGL's stock page.

Is NGL stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge NGL's true value.

Using relative valuations measures:

  • NGL may be undervalued based on its P/B ratio of 0.63x, relative to Oil & Gas Midstream industry P/B ratio of 2.16x

You can access additional valuation analysis on NGL's stock here.

NGL Financial Health Overview

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the NGL balance sheet.
  • NGL profit margin has gone up from -2.1% to -1.8% in the past year.

Failed Health Checks:

  • There are more long-term liabilities than short-term assets on the NGL balance sheet.
  • NGL's operating cash flow of $497.81M allows it to safely service it's debt of $2.90B.
  • NGL has a relatively high debt to equity ratio of 5.86.
  • NGL earnings of $316.07M is not sufficient to cover its interest payments.
  • Total NGL debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy Ngl Energy Partners stock

Out of 1 Equities analysts who give forecasts on NGL, the consensus analyst rating on NGL is a Hold

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

Most Recent NGL Analyst Forecasts

Michael Blum, a top 7% analyst from Wells Fargo upgrades NGL to a hold rating and raises their NGL price target from $2.00 to $4.00, on Jun 5, 2023.

You can dig deeper into what analysts are projecting on the Ngl Energy Partners stock forecast page.

NGL Momentum

MACD Signal
MACD Histogram
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NGL Performance Numbers

Last year, NGL revenue was $7.81B. In the last 5 year, NGL's revenue has grown by -2.93% per year. This was slower than the Oil & Gas Midstream industry average of 12.34%.

Find out more about NGL's earnings and revenue performance here.

Latest Insiders Trades at NGL

Over the past 12 months, insiders at NGL have bought more shares than they have sold.

James M. Collingsworth, Director of NGL, was the latest NGL insider to buy. They bought $275,000.00 worth of NGL stock on Feb 14, 2023.

Research more about who owns NGL shares here.

Does NGL stock generate passive income?

No, Ngl Energy Partners doesn't provide an income stream by paying out dividends.

NGL Social Trading Data

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your NGL trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, place a limit order.

Click the Open Trade button and eToro will execute the order.

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Step 6: Watch your NGL position

Now that you own some shares in NGL, you'll want to stay up-to-date on your stock purchase.

Add NGL to a watchlist to keep tabs on your NGL stock.

NGL Feed

How to Buy Stock in Ngl Energy Partners

To summarize, here are the 6 steps for buying Ngl Energy Partners stock:

  1. Figure out where to buy Ngl Energy Partners stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Analyze Ngl Energy Partners stock
  5. Place your NGL trade
  6. Watch your NGL position

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If you would like to keep tabs on your investment in Ngl Energy Partners, click below.

$3.70-0.13 (-3.39%)
Updated Sep 26, 2023
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$3.70-0.13 (-3.39%)
Updated Sep 26, 2023
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How much does it cost to buy one Ngl Energy Partners share?

As of Sep 26, 2023, it costs $3.70 to buy one share of Ngl Energy Partners stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.27 shares of NGL.

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Is now a good time to buy Ngl Energy Partners stock?

According to 1 Wall Street analysts who monitor Ngl Energy Partners, their consensus recommendation is to hold Ngl Energy Partners stock.

What is the best way to buy Ngl Energy Partners stock?

One way to place an order for Ngl Energy Partners stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.