NGL ENERGY PARTNERS LP - Consensus Indicates Potential -7.2%

NGL ENERGY PARTNERS LP - Consensus Indicates Potential -7.2% Downside


10:29 pm
NGL ENERGY PARTNERS LP with ticker code (NGL) now have 6 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 4 and 2 calculating the average target price we see 2.58. Given that the stocks previous close was at 2.78 this is indicating there is a potential downside of -7.2%. The day 50 moving average is 2.6 and the 200 day MA is 3.88. The market cap for the company is $350m. Visit the company website at: http://www.nglenergypartners.com
NGL Energy Partners LP engages in the crude oil logistics, water solutions, and liquids and refined products businesses. The company’s Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and pipeline transportation services. Its Water Solutions segment is involved in the treatment and disposal of flowback water generated from crude oil and natural gas production; disposal of solids, such as tank bottoms, drilling fluids, and drilling muds, as well as performs truck and frac tank washouts; and sale of brackish non-potable water. The company’s Liquids and Refined Products segment markets natural gas liquids, gasoline, diesel, propane, butane, refined petroleum, and biodiesel to retailers, wholesalers, refiners, and petrochemical plants in the United States and Canada through its 28 terminals; and purchase and delivers refined petroleum and renewable products, as well as offers terminaling and storage services. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.

Related Keywords

Oklahoma , United States , Canada , , Its Water Solutions , Oil Logistics , Energy Holdings , Energy Partners , Crude Oil Logistics , Water Solutions , Refined Products , ஓக்லஹோமா , ஒன்றுபட்டது மாநிலங்களில் , கனடா , அதன் தண்ணீர் தீர்வுகள் , எண்ணெய் தளவாடங்கள் , ஆற்றல் ஹோல்டிங்ஸ் , ஆற்றல் கூட்டாளர்கள் , கச்சா எண்ணெய் தளவாடங்கள் , தண்ணீர் தீர்வுகள் , சுத்திகரிக்கப்பட்டது ப்ராடக்ட்ஸ் ,

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