John Raymond Purchases 1,126 Shares of NGL Energy Partners (NYSE:NGL) Stock

NGL Energy Partners LP (NYSE:NGLGet Free Report) Director John Raymond acquired 1,126 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The shares were acquired at an average cost of $16.25 per share, for a total transaction of $18,297.50. Following the acquisition, the director directly owned 51,126 shares of the company’s stock, valued at $830,797.50. This trade represents a 2.25% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

NGL Energy Partners Stock Performance

NYSE:NGL opened at $17.13 on Thursday. NGL Energy Partners LP has a 1 year low of $5.01 and a 1 year high of $18.80. The stock has a fifty day moving average price of $16.15 and a two-hundred day moving average price of $14.76. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of -6.03 and a beta of 0.63.

NGL Energy Partners (NYSE:NGLGet Free Report) last issued its earnings results on Tuesday, August 4th. The oil and gas company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.11 by $0.37. The company had revenue of $989.99 million for the quarter, compared to analyst estimates of $346.13 million. NGL Energy Partners had a negative net margin of 3.76% and a negative return on equity of 39.51%. On average, analysts predict that NGL Energy Partners LP will post 1.38 EPS for the current year.

Analyst Ratings Changes

NGL has been the subject of a number of research analyst reports. Weiss Ratings cut shares of NGL Energy Partners from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Wall Street Zen raised NGL Energy Partners from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Zacks Research raised NGL Energy Partners from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy”.

View Our Latest Analysis on NGL Energy Partners

NGL Energy Partners News Summary

Here are the key news stories impacting NGL Energy Partners this week:

  • Positive Sentiment: Director John T. Raymond purchased a combined 326,626 shares for approximately $5.53 million across transactions from August 21–25. The purchases substantially increased his ownership and may signal confidence in NGL’s valuation and outlook. SEC insider purchase filing
  • Positive Sentiment: Director James M. Collingsworth bought 11,008 additional shares for roughly $185,183 over August 25–26. The purchases add to an already substantial position and provide another favorable insider-ownership signal. SEC insider purchase filing
  • Positive Sentiment: NGL’s latest quarterly results significantly exceeded expectations, with EPS of $0.48 versus a $0.11 consensus estimate and revenue of approximately $990 million versus estimates near $346 million. Analysts expect full-year EPS of about $1.38, supporting the case for continued earnings improvement.
  • Positive Sentiment: Broader midstream companies have reported strong second-quarter results, aided by higher throughput, resilient fee-based cash flows, and demand for natural gas and NGL exports. This sector backdrop is generally supportive for NGL. Strong Midstream 2Q26 Earnings Boost Full-Year Outlook
  • Neutral Sentiment: Institutional investors own approximately 40.6% of NGL’s shares, with several funds recently increasing or initiating positions. Analyst sentiment is broadly favorable, though coverage remains limited and includes both Strong Buy and Hold ratings.
  • Negative Sentiment: CEO H. Michael Krimbill sold 300,000 shares for $5.1 million, reducing his direct holdings by 8.16%. Although directors made larger aggregate purchases, the sizable executive sale could raise questions about near-term insider conviction.

Institutional Investors Weigh In On NGL Energy Partners

A number of large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in NGL Energy Partners by 18.7% during the third quarter. Bank of America Corp DE now owns 11,728,872 shares of the oil and gas company’s stock worth $70,373,000 after acquiring an additional 1,843,849 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of NGL Energy Partners by 9.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 7,522,370 shares of the oil and gas company’s stock worth $75,224,000 after purchasing an additional 651,779 shares in the last quarter. ING Groep NV raised its position in shares of NGL Energy Partners by 4.9% during the 4th quarter. ING Groep NV now owns 5,174,803 shares of the oil and gas company’s stock worth $51,748,000 after purchasing an additional 243,000 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of NGL Energy Partners by 0.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,069,571 shares of the oil and gas company’s stock worth $30,696,000 after purchasing an additional 28,659 shares during the last quarter. Finally, Angelo Gordon & CO. L.P. purchased a new stake in NGL Energy Partners in the 2nd quarter valued at approximately $2,730,000. 40.62% of the stock is owned by institutional investors and hedge funds.

About NGL Energy Partners

(Get Free Report)

NGL Energy Partners LP is a publicly traded master limited partnership that provides midstream infrastructure and marketing services for the energy industry. The company focuses on the transportation, storage, fractionation and marketing of natural gas liquids (NGLs) and refined petroleum products. Through its integrated operations, NGL Energy Partners serves producers, processors, refiners and industrial customers across key U.S. energy-producing regions.

The partnership’s asset base includes pipelines, storage terminals, fractionation plants, and distribution facilities.

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