NGL Energy Partners LP (NYSE:NGL) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Boasting a price of $18.92, NGL Energy Partners LP (NYSE:NGL) traded -0.42% lower on the day. With the last stock price close up 17.76% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. NGL Energy Partners LP has recorded a 50-day average of $18.30 and a two hundred day average of $16.07. Volume of trade was down over the average, with 249,923 shares of NGL changing hands under the typical 457,251
Zacks Investment Research has downgraded NGL Energy Partners LP (NYSE:NGL) to Hold in a statement released on 10/12/2016.
On 9/9/2016, FBR & Co released a statement for NGL Energy Partners LP (NYSE:NGL) bumped up the target price from $0.00 to $21.00 that suggested an upside of 0.15%.
With a total market value of $0, NGL Energy Partners LP has with a one year low of $5.57 and a one year high of $21.98 .
A total of 8 equity analysts have released a ratings update on NGL. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $16.00.
Brief Synopsis About NGL Energy Partners LP (NYSE:NGL)
NGL Energy Partners LP owns and operates a vertically integrated energy business. The Company's segments are crude oil logistics, water solutions, liquids, retail propane, refined products and renewables, and corporate and other. Its crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations. Its 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. Its liquids segment supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants throughout the United States and in Canada. Its retail propane segment consists of the retail marketing, and sale and distribution of propane and distillates, among others. The Company's refined products and renewables segment is engaged in gasoline, diesel, ethanol and biodiesel marketing operations.
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