NGL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $16.29
Revenue $3.16B
52W Range $6–$19

NGL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$3.16B
2021-03-31 → 2026-03-31
Free Cash Flow$145M
2021-03-31 → 2026-03-31
Net margin-3.8%
2021-03-31 → 2026-03-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

No data for this ratio group yet

Not enough fundamentals data to compute this ratio group yet.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Annualized Payout≈$0.40Paid quarterly
Ex-dateAmountCurrencyYield
Nov 5, 2020$0.10USD≈35.0%
Aug 5, 2020$0.20USD≈24.5%
May 6, 2020$0.20USD≈24.9%
Feb 6, 2020$0.39USD≈15.7%
Nov 6, 2019$0.39USD≈14.4%
Aug 6, 2019$0.39USD≈11.2%
May 6, 2019$0.39USD≈11.4%
Feb 5, 2019$0.39USD≈13.9%
Nov 7, 2018$0.39USD≈14.1%
Aug 7, 2018$0.39USD≈12.7%
May 4, 2018$0.39USD≈13.9%
Feb 5, 2018$0.39USD≈10.5%
Nov 3, 2017$0.39USD≈14.1%
Aug 2, 2017$0.39USD≈12.7%
May 4, 2017$0.39USD≈10.5%
Feb 1, 2017$0.39USD≈6.3%
Nov 2, 2016$0.39USD≈10.3%
Aug 2, 2016$0.39USD≈11.7%
Apr 29, 2016$0.39USD≈18.0%
Feb 1, 2016$0.64USD≈24.2%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -143.4%
Next Report Nov 02, 2026
PeriodReportEPS ActualEPS EstSurprise
Dec. 31, 2026 May 28, 2026 $0.15 $0.18 -17.5%
June 30, 2026 $0.48 $0.11 332.0%
March 31, 2026 $0.15 $0.18 -17.5%
Dec. 31, 2025 $0.10 $0.16 -35.6%
Sept. 30, 2025 $0.02 $0.00 —
June 30, 2025 $0.04 $-0.06 166.0%
March 31, 2025 $-0.12 $0.01 -1288.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 10
Metric Trend 202620252024202320222021202020192018201720162015
Revenue $3.16B$3.47B$4.15B$5.68B$7.95B$5.23B$7.58B$8.69B$6.95B$12.71B$11.74B$16.80B
Cost of Revenue $2.18B$2.51B$3.19B$4.69B$7.14B$4.49B$6.60B$7.98B$6.26B$12.23B$10.84B$15.96B
SG&A Expense $70M$56M$122M$71M$64M$70M$114M$107M$98M$106M$140M$149M
Operating Income $95M$329M$162M$244M$83M$-391M$-3M$127M$187M$206M$-105M$107M
Interest Expense $257M$280M$270M$275M$272M$199M$181M$165M$199M$150M$133M$110M
Other Non-op $526.0K$4M$3M$30M$2M$-37M$2M$-30M$6M$27M$6M$37M
Pretax Income $-179M$60M$-156M$9M$-183M$-641M$-180M$-78M$-21M$97M$-187M$47M
Income Tax $-276.0K$-5M$1M$219.0K$971.0K$-3M$345.0K$1M$1M$2M$-367.0K$-4M
Net Income $-142M$39M$-144M$51M$-185M$-640M$-397M$360M$-71M$137M$-199M$37M
EBITDA $363M$597M$460M$580M$389M$-60M$274M$370M$408M$493M$145M$298M
Balance Sheet 22
Metric Trend 202620252024202320222021202020192018201720162015
Cash & Equivalents $9M$6M$39M$5M$4M$5M$23M$19M$22M$8M$25M$41M
Short-term Investments ·$8M··········
Receivables ···$1.03B$1.12B$726M$567M$998M$1.03B$801M$521M$1.03B
Inventory $67M$70M$107M$143M$251M$158M$70M$136M$551M$561M$368M$442M
Prepaid Expense $37M$64M$71M$98M$159M$109M$102M$66M$129M$103M$96M$121M
Current Assets $774M$962M$1.18B$1.29B$1.55B$1.01B$774M$1.81B$2.25B$1.48B$1.03B$1.65B
PP&E (Net) $2.09B$2.07B$2.10B$2.22B$2.46B$2.71B$2.85B$1.83B$1.52B$1.79B$1.65B$1.62B
PP&E (Gross) $3.36B$3.17B$3.11B$3.12B$3.35B$3.48B$3.38B$2.25B$1.86B$2.17B$1.92B$1.83B
Accum. Depreciation $1.27B$1.10B$1.01B$898M$887M$776M$529M$417M$343M$376M$266M$203M
Goodwill $352M$599M$617M$712M$744M$744M$994M$1.11B$1.17B$1.32B$1.32B$1.56B
Intangibles $805M$851M$933M$1.06B$1.14B$1.26B$1.61B$801M$913M$1.16B$1.15B$1.23B
Other Non-current Assets $40M$20M$52M$58M$46M$51M$63M$114M$245M$240M$176M$113M
Total Assets $4.18B$4.61B$5.02B$5.46B$6.07B$5.95B$6.50B$5.90B$6.15B$6.32B$5.56B$6.66B
Accounts Payable ···$928M$1.08B$680M$515M$879M$853M$658M$420M$833M
Accrued Liabilities $184M$135M$173M$134M$141M·······
Current Liabilities $739M$739M$977M$1.11B$1.28B$911M$846M$1.25B$1.13B$939M$706M$1.12B
Capital Leases $82M$85M$71M$58M$73M$104M$121M$0····
Other Non-current Liabilities $137M$126M$129M$111M$104M$115M$114M$64M$174M$185M$247M$115M
Long-term Debt $3.23B$2.97B$2.85B$2.86B$3.35B$3.38B$3.17B$2.17B$2.71B$3.03B$2.94B$2.75B
Total Debt $3.23B$2.97B$2.85B$2.86B$2M·······
AOCI $0$9.0K$-499.0K$-450.0K$-308.0K$-266.0K$-385.0K$-255.0K$-2M$-2M$-157.0K$-109.0K
Liabilities + Equity $4.18B$4.61B$5.02B$5.46B$6.07B$5.95B$6.50B$5.90B$6.15B$6.32B$5.56B$6.66B
Cash Flow 15
Metric Trend 202620252024202320222021202020192018201720162015
D&A $269M$267M$282M$290M$306M$331M$277M$222M$220M$195M$249M$210M
Stock-based Comp $11M$0$1M$3M$-1M$7M$27M$41M$35M$53M$52M$33M
Deferred Tax $-1M$-7M$-1M$2M$1M$5M$3M·····
Amort. of Intangibles $61M$61M$73M$82M$90M$133M$139M$116M$114M$101M$108M$102M
Other Non-cash $230M$-16M$235M$98M$84M$601M$555M$-292M$-96M$-455M$238M·
Operating Cash Flow $366M$297M$376M$445M$206M$304M$464M$337M$138M$-25M$351M$262M
CapEx $221M$246M$152M$148M$142M$187M$556M$456M$134M$345M$662M$228M
Investing Cash Flow $-16M$-123M$-84M$64M$-212M$-221M$-1.44B$453M$271M$-363M··
Stock Repurchased $48M$2M$84.0K$99.0K········
Net Stock Activity $-48M$-2M··········
Financing Cash Flow $-347M$-208M$-259M$-508M$6M$-100M$979M$-794M$-394M$371M··
Net Change in Cash $3M$-33M$33M$2M$-1M$-18M$4M$-4M····
Taxes Paid $3M$6M$3M$3M$2M$3M$5M$2M$2M$2M$2M$23M
Free Cash Flow $145M$52M$224M$297M$63M$117M$-92M$-118M$-19M$-391M$-440M$-707M
Levered FCF $-112M$-251M·$23M$-210M$-81M$-273M$-286M$-222M$-539M$-572M$-833M
Profitability 6
Metric Trend 202620252024202320222021202020192018201720162015
Operating Margin 3.0%9.5%2.5%3.3%1.0%-7.5%-0.04%0.59%0.80%2.0%-0.89%0.52%
Net Margin -4.5%1.1%-2.1%0.59%-2.3%-12.2%-5.2%1.5%-0.41%1.1%-1.6%·
Pretax Margin -5.7%1.7%·0.61%-2.3%-12.3%-2.4%-0.26%-0.39%1.1%-1.6%0.16%
EBITDA Margin 11.5%17.2%6.6%6.7%4.9%-1.1%3.6%1.5%2.4%3.8%1.2%1.8%
ROA -3.2%0.83%-2.7%0.89%-3.1%-10.3%-6.4%6.0%-1.1%2.2%-3.0%·
ROIC 2.9%12.0%·10.1%3510.6%·······
Liquidity & Solvency 3
Metric Trend 202620252024202320222021202020192018201720162015
Current Ratio 1.01.31.21.21.21.10.91.41.61.61.51.5
Quick Ratio 0.00.00.00.90.90.80.70.91.00.90.81.0
Interest Coverage 0.41.20.71.00.3-2.0-0.00.90.71.7-0.80.8
Efficiency 3
Metric Trend 202620252024202320222021202020192018201720162015
Asset Turnover 0.70.71.31.51.30.81.24.02.82.11.92.5
Inventory Turnover 31.828.443.638.834.839.464.245.929.422.827.732.6
Receivables Turnover ···8.18.68.19.721.918.518.721.312.5
Growth Rates 3
Metric Trend 202620252024202320222021202020192018201720162015
Revenue YoY -9.0%-16.5%-26.9%-28.5%52.0%·······
Revenue CAGR 3Y -17.8%-24.1%-7.4%·········
Revenue CAGR 5Y -9.6%···········
Valuation (TTM) 2
Metric Trend 202620252024202320222021202020192018201720162015
Revenue TTM $3.16B$3.47B$4.15B$5.68B$7.95B$5.23B$7.58B$8.69B$6.95B$12.71B$11.74B$16.80B
Net Income TTM $-142M$39M$-144M$51M$-185M$-640M$-397M$360M$-71M$137M$-199M$37M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2026-03-312025-06-302025-03-312024-12-312024-09-30
Revenue $3.16B · $3.47B · ·
Operating Margin % 3.0% · 9.5% · ·
Net Income $-142M · $39M · ·

Institutional owners (13F) 100 filers · $1.3B total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 100
Value held $1.3B
New positions 5
Exited positions 13
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
5 (-13 vs prior Q) 13 (+6 vs prior Q) 21 (-3 vs prior Q) 31 (+10 vs prior Q) +21.7M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
Invesco Ltd. $311,703,951 19,567,103 24.81% Shares
MORGAN STANLEY $162,167,450 10,180,003 12.91% Shares
GOLDMAN SACHS GROUP INC $136,055,342 8,540,825 10.83% Shares
BANK OF AMERICA CORP /DE/ $126,973,394 7,970,709 10.11% Shares
TPG GP A, LLC $92,144,250 5,784,322 7.33% Shares
ING GROEP NV $86,369,322 5,421,803 6.87% Shares
CITIGROUP INC $68,575,735 4,304,817 5.46% Shares
ANGELO GORDON & CO., L.P. $46,926,960 4,692,696 3.74% Shares
JPMORGAN CHASE & CO $45,328,384 2,833,024 3.61% Shares
NOMURA HOLDINGS INC $39,837,107 2,500,760 3.17% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $22,310,411 1,400,528 1.78% Shares
Prescott Group Capital Management, L.L.C. $16,418,063 1,030,638 1.31% Shares
Fractal Investments LLC $13,261,390 832,479 1.06% Shares
BNP PARIBAS FINANCIAL MARKETS $9,535,204 598,569 0.76% Shares
BARCLAYS PLC $7,322,368 459,659 0.58% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $7,047,432 442,400 0.56% Call option
HighTower Advisors, LLC $4,353,510 273,290 0.35% Shares
Mariner, LLC $4,137,704 259,743 0.33% Shares
Cetera Investment Advisers $3,986,785 250,269 0.32% Shares
ALPS ADVISORS INC $3,947,406 247,797 0.31% Shares
BROWN ADVISORY INC $3,584,250 225,000 0.29% Shares
CITADEL ADVISORS LLC $3,083,172 193,545 0.25% Shares
UBS Group AG $3,036,672 190,626 0.24% Shares
STEPHENS INC /AR/ $3,026,700 190,000 0.24% Shares
LPL Financial LLC $2,994,728 187,993 0.24% Shares
AlphaCore Capital LLC $2,848,284 178,800 0.23% Shares
CITADEL ADVISORS LLC $2,811,645 176,500 0.22% Call option
NATIXIS $2,014,635 126,468 0.16% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,852,659 116,300 0.15% Put option
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT $1,752,300 110,000 0.14% Shares
Susquehanna Portfolio Strategies, LLC $1,733,933 108,847 0.14% Shares
VAN ECK ASSOCIATES CORP $1,606,795 100,866 0.13% Shares
WHITTIER TRUST CO $1,417,500 94,500 0.11% Shares
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ $1,201,361 75,415 0.10% Shares
TORTOISE CAPITAL ADVISORS, L.L.C. $1,086,968 68,234 0.09% Shares
Carter Financial Group, INC. $1,065,540 66,889 0.08% Shares
FMR LLC $877,106 55,060 0.07% Shares
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO $841,853 52,847 0.07% Shares
KWMG, LLC $781,574 49,063 0.06% Shares
WELLS FARGO & COMPANY/MN $601,856 37,781 0.05% Shares
Toroso Investments, LLC $578,290 57,829 0.05% Shares
JANE STREET GROUP, LLC $489,051 30,700 0.04% Call option
CITADEL ADVISORS LLC $468,342 29,400 0.04% Put option
BOKF, NA $448,206 28,136 0.04% Shares
GROUP ONE TRADING LLC $434,172 27,255 0.03% Shares
D.A. DAVIDSON & CO. $419,867 26,357 0.03% Shares
CreativeOne Wealth, LLC $413,495 25,957 0.03% Shares
State of Wyoming $407,983 25,611 0.03% Shares
FLC Capital Advisors $363,204 22,800 0.03% Shares
Cresset Asset Management, LLC $348,947 21,905 0.03% Shares

Show all 100 institutional owners →

Activists & 5%+ owners 10 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
EIG Neptune Equity Aggregator, L.P. (2) ×3 filings Nov. 22, 2024 · Initial filing · SEC
Highstar NGL Prism/IV-A Interco LLC, Highstar NGL Main Interco LLC, NGL CIV A, LLC, NGL Prism/IV-A Blocker LLC, Highstar Capital NGL Co-Invest Manager LLC, Highstar Capital GP IV, L.P., Highstar Capital GP IV, LLC, Highstar Capital GP IV Holdings, Oaktree Fund GP II, L.P., Oaktree Capital II, L.P., Oaktree Holdings, Inc., Oaktree Capital Group, LLC, Oaktree Capital Group Holdings GP, LLC ×3 filings May 15, 2019 · Initial filing · SEC
Harvest Fund Holdco L.P., Blackstone Harvest Holdco L.L.C., Blackstone Intermediary Holdco L.L.C., Blackstone Advisory Partners L.P., Blackstone Advisory Services L.L.C., Blackstone Holdings I L.P., Blackstone Holdings I/II GP Inc., The Blackstone Group L.P., Blackstone Group Management L.L.C., Stephen A. Schwarzman April 3, 2018 · Initial filing · SEC
Harvest Fund Advisors LLC, Harvest Fund Holdco L.P., Blackstone Harvest Holdco L.L.C., Blackstone Intermediary Holdco L.L.C., Blackstone Advisory Partners L.P., Blackstone Advisory Services L.L.C., Blackstone Holdings I L.P., Blackstone Holdings I/II GP Inc., The Blackstone Group L.P., Blackstone Group Management L.L.C., Stephen A. Schwarzman ×2 filings Jan. 26, 2018 · Initial filing · SEC
NGL Energy Partners LP, NGL Energy Holdings LLC, TransMontaigne LLC, TransMontaigne Product Services LLC, TransMontaigne Services LLC ×6 filings April 4, 2016 · Initial filing · SEC
SemGroup Corporation ×3 filings April 22, 2015 · Initial filing · SEC
EMG NGL HC, LLC, NGP Midstream & Resources, L.P., NGP MR, LP, NGP MR GP, LLC, John T. Raymond, John G. Calvert ×3 filings Sept. 26, 2013 · Initial filing M&A / sale SEC
SemStream, L.P. (2), SemOperating G.P., L.L.C. (2), SemGroup Corporation (2) ×2 filings Sept. 13, 2012 · Initial filing · SEC
Pacer Propane Holding, Inc., Pacer Propane Holding, L.P., Liberty Propane, L.L.C., Pacer-Enviro Propane, L.L.C., Pacer-Pittman Propane, L.L.C., Pacer-Portland Propane, L.L.C., Pacer Propane (Washington), L.L.C., Pacer-Salida Propane, L.L.C., Pacer-Utah Propane, L.L.C. Jan. 13, 2012 · Initial filing Passive investment SEC
Vincent J. Osterman, Ernest Osterman, AO Energy, Inc., E. Osterman, Inc., E. Osterman Gas Service, Inc., E. Osterman Propane, Inc., Milford Propane, Inc., Osterman Propane, Inc., Propane Gas, Inc., Saveway Propane Gas Service, Inc. Oct. 13, 2011 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 33 insiders · 19 officers · 13 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Michael H Krimbill Chief Executive Officer Aug. 25, 2026 S 3,378,615 0 1 $-5,100,000
Bradley P Cooper CFO & EVP July 15, 2026 A 800,000 0 0 $0
Linda J Bridges CFO and EVP Nov. 14, 2022 F 126,639 0 0 $0
Robert W Karlovich III CFO, Executive Vice President May 5, 2021 A 264,131 0 0 $0
Atanas H Atanasov EVP, CFO and Treasurer Feb. 5, 2016 D 54,189 0 0 $0
Craig S Jones CFO & Secretary June 19, 2012 J 29,190 0 0 $0
Vincent J Osterman President, Eastern Retail July 9, 2018 D 129,093 0 0 $0
James J Burke President July 15, 2016 D 154,815 0 0 $0
Brian K Pauling NGL Logistics President Feb. 22, 2013 S 363,174 0 0 $0
Stephen D Tuttle President, Midstream Division May 24, 2011 D 268,062 0 0 $0
Kurston Patrick Mcmurray Gen Counsel, Exec. VP & Sec Nov. 15, 2023 F 147,524 0 0 $0
Lawrence J. Thuillier Chief Accounting Officer Nov. 15, 2023 F 84,298 0 0 $0
John Ciolek Executive Vice President Dec. 15, 2021 P 307,264 0 0 $0
Jeffrey A Herbers Chief Accounting Officer Nov. 30, 2015 D 30,269 0 0 $0
Todd M Coady SVP, Administration March 30, 2015 A 40,949 0 0 $0
David C Kehoe Exec. VP NGL Crude Logistics Sept. 9, 2014 S 186,630 0 0 $0
Sharra Straight VP & Comptroller Aug. 15, 2014 M 68,228 0 0 $0
Bradley K Atkinson VP, Business Development Aug. 15, 2014 M 725,693 0 0 $0
Richard J. Gognat Sec of High Sierra Energy, LP June 19, 2012 J 109,634 0 0 $0
James M Collingsworth Director Aug. 27, 2026 P 766,797 3 0 $224,096
John T Raymond Director Aug. 25, 2026 P 376,626 3 0 $5,525,908
Shawn W Coady Director July 15, 2026 A 196,304 0 0 $0
Derek S Reiners Director July 15, 2026 A 150,000 0 0 $0
Bryan K Guderian Director July 15, 2026 A 146,500 0 0 $0
Stephen L Cropper Director Feb. 13, 2023 A 87,500 0 0 $0
James C Kneale Director Nov. 13, 2019 A 4,000 0 0 $0
Highstar Capital IV, L.P. Director June 23, 2017 S 0 0 0 $0
Kevin Clement Director Dec. 11, 2012 P 5,000 0 0 $0
William A Zartler Director May 24, 2011 D 1,262,342 0 0 $0
SemGroup Corp 10% owner Aug. 5, 2014 S 7,652,568 0 0 $0
SemStream, L.P. 10% owner June 19, 2012 J 9,133,409 0 0 $0
Hicks Oils & Hicksgas, Inc 10% owner May 24, 2011 D 1,838,905 0 0 $0
Patrice A Armbruster · March 24, 2014 J 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 4 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PFF · iShares Trust 0.15% 757,734 SH Sept. 11, 2026 Daily
VRP · Invesco Exchange-Traded Fund Trust … 0.11% 131,250 Oct. 2, 2026 Daily
PKW · Invesco Exchange-Traded Fund Trust 0.07% 79,538 Oct. 2, 2026 Daily
GTO · Invesco Actively Managed Exchange-T… 0.00% 149,000 Oct. 2, 2026 Daily

NGL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 6 analysts BUY
1 16.7% Strong Buy
3 50.0% Buy
2 33.3% Hold
0 0.0% Sell
0 0.0% Strong Sell

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
NGL · · -9.0% -4.5% · ·
PAGP · 38.3 -9.5% 0.59% · ·
EE · 21.9 44.3% · · ·
DKL · · 7.7% 17.4% · ·
LPG $1.46B 7.5 36.3% 40.2% 17.6% ·
NEXT · -4.5 · · -181.7% ·
GEL · -3.7 -1.8% -27.0% · ·
GLP · · 8.1% 0.53% · 5.7%
CAPL · 20.2 -10.6% 1.1% · 11.0%
SMC $327M -16.6 30.8% -1.1% -1.2% ·
OSG $350M -1.3 6.5% -103.1% -34.2% ·

Latest News Recent headlines mentioning this company

23

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 4, 2026