NGL Energy Partners to Hold Earnings Call on August 5th

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NGL ($NYSE:NGL) Energy Partners LP is a publicly traded limited partnership that owns and operates a diversified portfolio of midstream assets. The company’s assets include natural gas liquids transportation, storage, gathering, processing, and marketing assets. NGL Energy Partners has announced that it will be holding an earnings call on Wednesday, August 5, 2020 at 10:00 am ET. The call will be accessible by dialing 1-888-317-6003 and entering the conference ID 7273749.

Market Price

At the time of writing, media coverage of the company has been mostly positive. On Wednesday, NGL Energy Partners LP stock opened at $1.3 and closed at $1.3, down by 0.8% from the previous day’s closing price. Despite the slight drop in stock value, the company is still expected to report strong earnings for the quarter.

VI Analysis

NGL Energy Partners LP is a publicly traded limited partnership that owns, operates, develops, and acquires a diversified portfolio of midstream energy assets. NGL’s assets include natural gas, crude oil, and refined products pipelines, storage facilities, and terminals. NGL’s financial and business risk profile is considered to be medium according to the VI Risk Rating. This is due to the company’s relatively high debt levels and some risk warnings in the income statement.

However, NGL’s strong fundamentals reflect its long-term potential. The company has a strong market position and a diversified portfolio of assets.

VI Peers

The Partnership’s operations are primarily conducted through its wholly owned subsidiaries. NGL Energy Partners LP is one of the largest providers of midstream energy services in North America. The Partnership has a diversified portfolio of assets that provide services to producers and end users of natural gas liquids (“NGLs”), crude oil, refined products and petrochemicals. The Partnership’s assets include: natural gas liquids pipelines, storage facilities, fractionators, railcars, barges, trucks, and related transportation and logistics assets.

– Energy Transfer LP ($NYSE:ET)

Energy Transfer LP is a publicly traded limited partnership that owns and operates energy infrastructure assets in the United States. The company has a market capitalization of $38.68 billion as of 2022 and a return on equity of 14.71%. Energy Transfer’s business segments include natural gas, natural gas liquids, crude oil, and refined products. The company’s natural gas segment includes interstate and intrastate natural gas transportation and storage assets, as well as natural gas gathering and processing assets. Energy Transfer’s natural gas liquids segment consists of natural gas liquids transportation, storage, and fractionation assets. The company’s crude oil segment includes crude oil transportation and storage assets, as well as crude oil gathering and marketing assets. Energy Transfer’s refined products segment includes refined products transportation and storage assets.

– Kinetik Holdings Inc ($NASDAQ:KNTK)

Kinder Morgan Inc is one of the largest energy infrastructure companies in North America. They own an interest in or operate approximately 84,000 miles of pipelines and about 180 terminals. The company transports natural gas, crude oil, refined petroleum products, and CO2. They also store and handle petroleum products, chemicals, and other bulk liquids.

Summary

NGL Energy Partners is a publicly traded partnership that is engaged in the business of transporting, storing, gathering, processing and marketing natural gas liquids and other hydrocarbon-based products. The partnership has a diversified portfolio of assets that are located in key shale plays across the United States. NGL Energy Partners is an attractive investment for several reasons.

First, the partnership has a strong track record of delivering consistent growth and distributions to its unit holders. Second, the partnership has a diversified portfolio of assets that provide it with exposure to multiple growth areas in the energy sector. Third, the partnership has a disciplined approach to capital allocation, which has resulted in a strong balance sheet and ample liquidity. Fourth, the partnership has a experienced management team with a deep understanding of the energy industry. Finally, the partnership’s units are trading at a significant discount to its net asset value, providing investors with an attractive entry point.