NGL Energy Partners (NGL) Expected to Announce Quarterly Earnings on Monday

NGL Energy Partners (NYSE:NGL) is projected to issue its quarterly earnings data after the market closes on Monday, February 10th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $1.72 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

NGL Energy Partners (NYSE:NGL) last released its quarterly earnings results on Tuesday, November 12th. The oil and gas company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.20). The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.56 billion. NGL Energy Partners had a negative net margin of 2.87% and a positive return on equity of 77.15%. During the same period last year, the firm posted ($0.05) 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 Performance

NGL Energy Partners stock opened at $5.51 on Friday. NGL Energy Partners has a 1 year low of $3.84 and a 1 year high of $6.20. The company’s 50 day simple moving average is $5.05 and its 200-day simple moving average is $4.61. The company has a market capitalization of $727.11 million, a price-to-earnings ratio of -2.37 and a beta of 1.71.

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.