NGL Energy Partners (NYSE:NGL) Director John Raymond Acquires 300,000 Shares of Stock

NGL Energy Partners LP (NYSE:NGLGet Free Report) Director John Raymond acquired 300,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average cost of $16.98 per share, with a total value of $5,094,000.00. Following the acquisition, the director owned 376,626 shares of the company’s stock, valued at approximately $6,395,109.48. This represents a 391.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

NGL Energy Partners Price Performance

Shares of NGL opened at $17.13 on Thursday. The company has a market capitalization of $2.14 billion, a P/E ratio of -6.03 and a beta of 0.63. NGL Energy Partners LP has a one year low of $5.01 and a one year high of $18.80. The business’s 50 day simple moving average is $16.15 and its 200-day simple moving average is $14.76.

NGL Energy Partners (NYSE:NGLGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.37. NGL Energy Partners had a negative return on equity of 39.51% and a negative net margin of 3.76%.The firm had revenue of $989.99 million during the quarter, compared to analysts’ expectations of $346.13 million. On average, sell-side analysts anticipate that NGL Energy Partners LP will post 1.38 EPS for the current fiscal year.

Trending Headlines about NGL Energy Partners

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.

Analysts Set New Price Targets

NGL has been the subject of a number of research analyst reports. Weiss Ratings cut NGL Energy Partners from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Wall Street Zen raised shares of NGL Energy Partners from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Zacks Research upgraded shares of NGL Energy Partners from a “hold” rating to a “strong-buy” rating in a research report 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. Based on data from MarketBeat, NGL Energy Partners presently has an average rating of “Buy”.

Get Our Latest Stock Report on NGL Energy Partners

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its position in NGL Energy Partners by 18.7% during the 3rd quarter. Bank of America Corp DE now owns 11,728,872 shares of the oil and gas company’s stock valued at $70,373,000 after purchasing an additional 1,843,849 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of NGL Energy Partners by 9.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 7,522,370 shares of the oil and gas company’s stock valued at $75,224,000 after purchasing an additional 651,779 shares during the last quarter. Angelo Gordon & CO. L.P. acquired a new stake in shares of NGL Energy Partners during the 2nd quarter worth approximately $2,730,000. BNP Paribas Financial Markets grew its position in shares of NGL Energy Partners by 2,963.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 292,261 shares of the oil and gas company’s stock worth $1,754,000 after buying an additional 282,721 shares during the period. Finally, ING Groep NV raised its stake in shares of NGL Energy Partners by 4.9% during the fourth quarter. ING Groep NV now owns 5,174,803 shares of the oil and gas company’s stock worth $51,748,000 after buying an additional 243,000 shares during the last quarter. Institutional investors and hedge funds own 40.62% of the company’s stock.

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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