Analysts take a look at NGL Energy Partners LP (NYSE:NGL) having this to say.

May 24, 2018 - By Vivian Currie

Investors sentiment decreased to 0.76 in Q4 2017. Its down 0.24, from 1 in 2017Q3. It worsened, as 12 investors sold NGL Energy Partners LP shares while 39 reduced holdings. 21 funds opened positions while 18 raised stakes. 74.82 million shares or 0.54% more from 74.43 million shares in 2017Q3 were reported.
Us Bancorporation De has 0% invested in NGL Energy Partners LP (NYSE:NGL). Jpmorgan Chase holds 0.01% of its portfolio in NGL Energy Partners LP (NYSE:NGL) for 2.41 million shares. Weiss Multi holds 216,160 shares or 0.08% of its portfolio. Bank & Trust Of Montreal Can holds 0% or 51,647 shares in its portfolio. Segall Bryant And Hamill Limited Liability Co has 0% invested in NGL Energy Partners LP (NYSE:NGL). 342,327 are owned by Pinnacle Hldg Ltd Liability Co. Moreover, Goldman Sachs Gp has 0.01% invested in NGL Energy Partners LP (NYSE:NGL). Moreover, Cushing Asset Mgmt Ltd Partnership has 2.63% invested in NGL Energy Partners LP (NYSE:NGL). Credit Suisse Ag holds 0% or 279,329 shares. Citigroup reported 0% in NGL Energy Partners LP (NYSE:NGL). Gradient Invests Lc reported 1,000 shares. 13,930 are held by Yorkville Limited Com. Northwestern Mutual Wealth owns 2,869 shares. Baldwin Brothers Ma accumulated 7,250 shares or 0.02% of the stock. Ballentine Prtnrs Ltd reported 34,130 shares stake.

Since March 16, 2018, it had 1 buying transaction, and 0 insider sales for $336,747 activity.

NGL Energy Partners LP (NYSE:NGL) Ratings Coverage

Among 4 analysts covering NGL Energy Partners (NYSE:NGL), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. NGL Energy Partners had 5 analyst reports since January 5, 2018 according to SRatingsIntel. UBS maintained it with “Buy” rating and $17 target in Friday, March 2 report. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, January 16 report. As per Thursday, March 15, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Monday, February 12 by RBC Capital Markets. Below is a list of NGL Energy Partners LP (NYSE:NGL) latest ratings and price target changes.

15/03/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $12 New Target: $11 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $17.5 New Target: $17 Maintain
12/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $17.0 Maintain
16/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $20.0 Maintain
05/01/2018 Broker: Credit Suisse Rating: Outperform New Target: $16 Initiates Coverage On

The stock decreased 1.41% or $0.15 during the last trading session, reaching $10.5. About 92,685 shares traded. NGL Energy Partners LP (NYSE:NGL) has declined 50.71% since May 24, 2017 and is downtrending. It has underperformed by 62.26% the S&P500.

NGL Energy Partners LP, through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the United States. The company has market cap of $1.27 billion. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. It currently has negative earnings. The Water Solutions segment is involved in the treatment and disposal of wastewater generated from natural gas and crude oil production operations; disposal of solids, such as tank bottoms, drilling fluids, and performs truck and frac tank washouts; and sale of recovered hydrocarbons.

Another recent and important NGL Energy Partners LP (NYSE:NGL) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Masco, Murphy Oil, NGL Energy Partners LP, PBF Energy, PDL …” on May 08, 2018.

NGL Energy Partners LP (NYSE:NGL) Institutional Positions Chart

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