Analysts have clear opinions on NGL.

There are 7 analysts on the Wall offering 12 month price targets for NGL Energy Partners in the last 3 months. The average price target is $13.50 with a high forecast of $15.00 and a low forecast of $11.00. The average price target represents a 13.64% increase from the last price of $11.88.
NGL Energy Partners LP (NGL) is followed by 7 analysts on the street.

Spiro M. Dounis from Credit Suisse rates it a Hold with a target of $13.00.

Similarly, 8 days ago Michael Blum of Wells Fargo Reiterated a Hold with a target of —.

The consensus on the street is Moderate Buy.

What does NGL Energy Partners LP(NGL) do ?
NGL Energy Partners LP engages in the ownership and operation of a vertically integrated energy business. It operates through the following segments: Crude Oil Logistics; Water Solutions; Liquids; Refined Products and Renewables; and Corporate and Other. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries or for resale at owned and leased pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. The Water Solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production and for the disposal of solids such as tank bottoms and drilling fluids and perform trucks washouts. The Liquid segment supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants. The Refined Products and Renewables segment conducts gasoline, diesel, ethanol, and biodiesel marketing operations. The Corporate and Other segment include corporate expenses that are not allocated to the reportable segments. The company was founded in 1940 and is headquartered in Tulsa, OK.

NGL Energy Partners LP (NGL) Insider Trades

Multiple company employees have indulged in significant insider trading. NGL Energy Partners LP disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):

Dir, Collingsworth James M : P – Purchase(+$505,530) of NGL in the trading session of 2019-11-20.

CEO Krimbill H Michael : P – Purchase(+$990,891) of NGL in the trading session of 2019-11-18.

Dir Collingsworth James M : P – Purchase(+$82,809) of NGL Energy Partners LP in the trading session of 2019-08-19.

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