23,000 Shares in NGL Energy Partners LP (NYSE:NGL) Bought by Everpar Advisors LLC

Everpar Advisors LLC acquired a new position in shares of NGL Energy Partners LP (NYSE:NGL) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 23,000 shares of the oil and gas company’s stock, valued at approximately $128,000.

Several other large investors have also recently bought and sold shares of NGL. Bridgecreek Investment Management LLC raised its position in NGL Energy Partners by 50.0% in the third quarter. Bridgecreek Investment Management LLC now owns 60,000 shares of the oil and gas company’s stock valued at $232,000 after purchasing an additional 20,000 shares during the last quarter. Fractal Investments LLC raised its position in shares of 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 acquiring an additional 170,327 shares during the last quarter. Jump Financial LLC bought a new position in shares of NGL Energy Partners during the third quarter worth about $77,000. Citigroup Inc. bought a new position in shares of NGL Energy Partners during the third quarter worth about $152,000. Finally, Whittier Trust Co. bought a new position in shares of NGL Energy Partners during the fourth quarter worth about $688,000. 40.62% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other NGL Energy Partners news, Director James M. Collingsworth bought 30,101 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was acquired at an average price of $5.81 per share, with a total value of $174,886.81. Following the completion of the purchase, the director now directly owns 559,601 shares of the company’s stock, valued at approximately $3,251,281.81. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

NGL Energy Partners Price Performance

Shares of NGL opened at $5.94 on Thursday. NGL Energy Partners LP has a 1 year low of $2.65 and a 1 year high of $6.20. The company has a debt-to-equity ratio of 5.24, a current ratio of 1.23 and a quick ratio of 1.05. The company has a market capitalization of $787.13 million, a price-to-earnings ratio of -10.07 and a beta of 1.61. The business has a 50-day moving average of $5.87 and a 200-day moving average of $5.29.

NGL Energy Partners (NYSE:NGL) last released its earnings results on Thursday, February 8th. The oil and gas company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. NGL Energy Partners had a return on equity of 22.44% and a net margin of 0.34%. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $2.05 billion. As a group, equities research analysts anticipate that NGL Energy Partners LP will post 0.1 earnings per share for the current year.

NGL Energy Partners Profile

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.