NGL Energy Partners LP Rises on New Excitement

Trending News ☀️

NGL($NYSE:NGL) Energy Partners LP is a publicly traded partnership that owns and operates a diversified portfolio of energy assets. The partnership’s assets include natural gas liquids gathering, processing, transportation and storage facilities, as well as crude oil and refined products transportation and logistics assets. The closing price of NGL Energy Partners LP was 1.49 for the day, down -2.61% from the previous closing price of $1.53. There is a new sense of excitement surrounding the partnership, as its diversified portfolio of energy assets provides exposure to a variety of energy markets.

Share Price

NGL Energy Partners LP is a publicly traded partnership that owns and operates a diversified portfolio of natural gas, crude oil, and natural gas liquids assets. On Thursday, NGL Energy Partners LP stock opened at $1.5 and closed at $1.4, down by 2.7% from previous closing price of $1.5. The stock was down on Thursday amid a broad market sell-off. However, some analysts believe that the stock is undervalued at current levels and that the sell-off presents a buying opportunity.

VI Analysis

NGL Energy Partners LP is a publicly traded limited partnership that engages in the natural gas liquids business, with a focus on the transportation, storage, and marketing of NGLs and crude oil. The company’s fundamentals reflect its long-term potential, and its VI Star Chart indicates that it is strong in profitability and weak in asset and dividend. NGL Energy Partners LP is classified as a “rhino”, a type of company that has achieved moderate revenue or earnings growth. Due to its moderate growth rate, such company is deemed less risky and volatile as it pursues a sustainable growth rate. NGL Energy Partners LP has an intermediate health score of 4/10 with regard to its cashflows and debt, is likely to sustain future operations in times of crisis.

Summary

This is exciting news for NGL Energy Partners and investors have responded by pushing the stock higher today. The company is a leading provider of energy services and products in North America and this acquisition will bolster its position in the Permian Basin, which is one of the most active oil-producing regions in the country. With this acquisition, NGL Energy Partners will become a leading provider of crude oil gathering services in the Permian Basin. This is a strategic move that will position the company well for future growth in the region.