Cwm LLC Buys 2,500 Shares of NGL Energy Partners LP (NYSE:NGL)

Cwm LLC lifted its stake in NGL Energy Partners LP (NYSE:NGLFree Report) by 6.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,204 shares of the oil and gas company’s stock after buying an additional 2,500 shares during the period. Cwm LLC’s holdings in NGL Energy Partners were worth $224,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in NGL. Fractal Investments LLC lifted its stake in NGL Energy Partners by 574.3% during the third quarter. Fractal Investments LLC now owns 199,987 shares of the oil and gas company’s stock worth $774,000 after purchasing an additional 170,327 shares during the last quarter. Whittier Trust Co. bought a new position in shares of NGL Energy Partners in the 4th quarter valued at $688,000. Citigroup Inc. bought a new position in shares of NGL Energy Partners in the 3rd quarter valued at $152,000. NBW Capital LLC increased its holdings in NGL Energy Partners by 11.2% in the fourth quarter. NBW Capital LLC now owns 312,081 shares of the oil and gas company’s stock valued at $1,738,000 after purchasing an additional 31,332 shares during the period. Finally, Scissortail Wealth Management LLC acquired a new stake in NGL Energy Partners in the fourth quarter valued at $150,000. 40.62% of the stock is currently owned by institutional investors.

NGL Energy Partners Stock Performance

NYSE NGL opened at $5.91 on Friday. The company has a market capitalization of $783.13 million, a price-to-earnings ratio of -10.02 and a beta of 1.61. NGL Energy Partners LP has a twelve month low of $2.63 and a twelve month high of $6.20. The stock has a fifty day simple moving average of $5.87 and a 200 day simple moving average of $5.25. The company has a quick ratio of 1.05, a current ratio of 1.23 and a debt-to-equity ratio of 5.24.

NGL Energy Partners (NYSE:NGLGet Free Report) last posted its quarterly earnings data on Thursday, February 8th. The oil and gas company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $2.05 billion. NGL Energy Partners had a return on equity of 22.44% and a net margin of 0.34%. Sell-side analysts expect that NGL Energy Partners LP will post 0.1 EPS for the current year.

Insider Activity at NGL Energy Partners

In other NGL Energy Partners news, Director James M. Collingsworth purchased 30,101 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was purchased at an average cost of $5.81 per share, for a total transaction of $174,886.81. Following the acquisition, the director now owns 559,601 shares in the company, valued at approximately $3,251,281.81. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

NGL Energy Partners Company Profile

(Free Report)

NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water.

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Institutional Ownership by Quarter for NGL Energy Partners (NYSE:NGL)

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