NGL Energy Partners LP (NGL) Stock AnalysisNGLNGL Energy Partners LP

NGL Energy Partners LP is a master limited partnership. It operates an integrated network of large-diameter wastewater pipelines, disposal wells and produced water handling systems in the Delaware Basin. It also operates wastewater disposal in the Eagle Ford and DJ Basins. In addition, it markets and provides other logistics services for crude oil, through its ownership of the Grand Mesa Pipeline System, Cushing terminal and other Gulf Coast terminals. Its Water Solutions segment transports, treats, recycles and disposes of produced and flowback water generated from crude oil and natural gas production. Its Crude Oil Logistics segment purchases crude oil from producers and marketers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities and other trade hubs, and provides storage, terminaling and transportation services. Its Liquids Logistics segment conducts supply operations for natural gas liquids. It operates in the Energy sector (NATURAL GAS TRANSMISSION industry).

NGL Energy Partners LP is a good buy right now due to its recent strong performance and insider confidence. The stock is currently priced at 18.02, with a year-to-date change of 82.02%, and a one-year change of 230.04%. However, the main risk is the forward P/E ratio of 46.08, which suggests high expectations for future earnings that may not materialize.

5 analysts cover NGL: 3 rate it Buy, 2 Hold and 0 Sell.