Ngl Energy Partners Lp (NGL) and Its Peers Critical Comparison
Ngl Energy Partners Lp (NYSE: NGL) is one of 39 publicly-traded companies in the “Oil & Gas Refining and Marketing” industry, but how does it compare to its competitors? We will compare Ngl Energy Partners Lp to similar companies based on the strength of its institutional ownership, earnings, valuation, analyst recommendations, risk, dividends and profitability.
This is a breakdown of current ratings and price targets for Ngl Energy Partners Lp and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Ngl Energy Partners Lp||0||2||3||0||2.60|
|Ngl Energy Partners Lp Competitors||448||1948||2265||133||2.43|
Ngl Energy Partners Lp currently has a consensus target price of $17.80, indicating a potential upside of 74.51%. As a group, “Oil & Gas Refining and Marketing” companies have a potential upside of 15.89%. Given Ngl Energy Partners Lp’s stronger consensus rating and higher possible upside, research analysts plainly believe Ngl Energy Partners Lp is more favorable than its competitors.
Volatility & Risk
Ngl Energy Partners Lp has a beta of 0.56, indicating that its share price is 44% less volatile than the S&P 500. Comparatively, Ngl Energy Partners Lp’s competitors have a beta of 1.26, indicating that their average share price is 26% more volatile than the S&P 500.
This table compares Ngl Energy Partners Lp and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Ngl Energy Partners Lp||-0.73%||-5.00%||-1.62%|
|Ngl Energy Partners Lp Competitors||-1.37%||1.78%||1.27%|
Ngl Energy Partners Lp pays an annual dividend of $1.56 per share and has a dividend yield of 15.3%. Ngl Energy Partners Lp pays out -124.8% of its earnings in the form of a dividend. As a group, “Oil & Gas Refining and Marketing” companies pay a dividend yield of 5.1% and pay out 638.7% of their earnings in the form of a dividend. Ngl Energy Partners Lp is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
Valuation & Earnings
This table compares Ngl Energy Partners Lp and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Ngl Energy Partners Lp||$14.08 billion||$282.16 million||-8.16|
|Ngl Energy Partners Lp Competitors||$44.25 billion||$4.32 billion||21.72|
Ngl Energy Partners Lp’s competitors have higher revenue and earnings than Ngl Energy Partners Lp. Ngl Energy Partners Lp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
70.2% of Ngl Energy Partners Lp shares are held by institutional investors. Comparatively, 47.5% of shares of all “Oil & Gas Refining and Marketing” companies are held by institutional investors. 11.9% of shares of all “Oil & Gas Refining and Marketing” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
About Ngl Energy Partners Lp
NGL Energy Partners LP owns and operates a vertically integrated energy business. The Company’s segments are crude oil logistics, water solutions, liquids, retail propane, refined products and renewables, and corporate and other. Its crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations. Its water solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. Its liquids segment supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants throughout the United States and in Canada. Its retail propane segment consists of the retail marketing, and sale and distribution of propane and distillates, among others. The Company’s refined products and renewables segment is engaged in gasoline, diesel, ethanol and biodiesel marketing operations.
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