ngl energy partners lp (NGL:New York)
ngl energy partners lp (NGL) Snapshot
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Open
$29.85
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Previous Close
$29.88
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Day High
$29.95
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Day Low
$29.53
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52 Week High
05/8/13 - $30.00
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52 Week Low
06/29/12 - $21.15
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Market Cap
1.6B
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Average Volume 10 Days
65.2K
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EPS TTM
$0.76
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Shares Outstanding
49.1M
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EX-Date
05/2/13
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P/E TM
39.2x
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Dividend
$1.91
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Dividend Yield
6.05%
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Related News
ngl energy partners lp (NGL) Related Businessweek News
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NGL Energy Partners LP, through its subsidiaries, engages in propane and other natural gas liquids businesses in the United States. The company operates in four segments: Retail Propane, Natural Gas Liquids Logistics, Crude Oil Logistics, and Water Services. The Retail Propane segment sells propane, petroleum distillates, and equipment and supplies to residential, agricultural, commercial, and industrial customers, as well as certain re-sellers. The Natural Gas Liquids Logistics segment supplies propane, butane, and other natural gas liquids to retailers, wholesalers, and refiners in the United States and Canada. It provides natural gas liquids terminalling services through its 17 terminals in the United States; and rail car transportation services through its fleet of owned and predominantly leased rail cars. The Crude Oil Logistics segment purchases crude oil from producers and transports it for resale at pipeline injection points, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. The Water Services segment engages in the transportation, treatment, and disposal of wastewater generated from oil and natural gas production operations; and re-sale of recycled water and recovered hydrocarbons. NGL Energy Holdings LLC serves as the general partner of the company. NGL Energy Partners LP was founded in 1940 and is headquartered in Tulsa, Oklahoma.
ngl energy partners lp (NGL) Top Compensated Officers
ngl energy partners lp (NGL) Key Developments
NGL Energy Partners LP announced that the Partnership has amended its revolving credit facility to increase the total borrowing capacity from $770 million to $1.05 billion. The credit facility matures in June of 2017.
NGL Energy Partners LP announced that Atanas H. Atanasov has been appointed Chief Financial Officer. Most recently Mr. Atanasov was the Senior Vice President of Finance and Treasurer. Prior to joining NGL Energy Partners in November 2011, Atanasov spent 9 years at GE Capital both in lending and leveraged equity. Prior to GE Capital, he was with the Williams Company.
NGL Energy Partners LP announced that the Board of Directors of its general partner increased the quarterly cash distribution for the fourth fiscal quarter ended March 31, 2013, by $0.015 to $0.4775 per outstanding limited partner unit from $0.4625 per unit, resulting in an annualized cash distribution of $1.91 per unit. This distribution is payable on May 15, 2013, to unit holders of record as of the close of business on May 6, 2013.
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| NGL:US | $29.80 USD | -0.08 | |
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Industry Analysis
NGL
Industry Average
| Valuation | NGL | Industry Range |
| Price/Earnings | 32.1x |
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| Price/Sales | 0.5x |
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| Price/Book | 1.7x |
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| Price/Cash Flow | 18.5x |
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| TEV/Sales | 0.2x |
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To contact NGL ENERGY PARTNERS LP, please visit www.nglenergypartners.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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