NGL Energy Partners (NGL) Earns Daily Media Impact Score of 0.20
Headlines about NGL Energy Partners (NYSE:NGL) have been trending somewhat positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NGL Energy Partners earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the oil and gas company an impact score of 46.2237751528613 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- NGL Energy Partners (NGL) Appoints L. John Schaufele IV to Board (streetinsider.com)
- Brokerages Anticipate NGL Energy Partners LP (NGL) Will Announce Quarterly Sales of $4.37 Billion (americanbankingnews.com)
- NGL Energy Partners (NGL) Downgraded by ValuEngine to Sell (americanbankingnews.com)
- NGL Energy Partners (NGL) Posts Quarterly Earnings Results, Misses Expectations By $0.94 EPS (americanbankingnews.com)
- NGL Energy Partners Announces the Appointment of L. John Schaufele IV to Board of Directors (finance.yahoo.com)
Several research firms have recently commented on NGL. ValuEngine upgraded shares of NGL Energy Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Royal Bank of Canada reiterated an “outperform” rating and set a $16.00 price objective (up from $14.00) on shares of NGL Energy Partners in a research note on Tuesday, November 7th. Stifel Nicolaus reiterated a “hold” rating and set a $10.00 price objective on shares of NGL Energy Partners in a research note on Sunday, October 29th. Zacks Investment Research upgraded shares of NGL Energy Partners from a “sell” rating to a “hold” rating in a research note on Saturday, January 20th. Finally, Credit Suisse Group began coverage on shares of NGL Energy Partners in a research note on Thursday, January 4th. They set an “outperform” rating and a $16.00 price objective for the company. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.40.
NGL Energy Partners (NYSE:NGL) last posted its quarterly earnings data on Friday, February 9th. The oil and gas company reported $0.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.13. NGL Energy Partners had a negative net margin of 0.97% and a negative return on equity of 1.80%. The business had revenue of $4.46 billion during the quarter, compared to the consensus estimate of $3.96 billion. research analysts predict that NGL Energy Partners will post -1.23 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Tuesday, February 6th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, February 5th. This represents a $1.56 dividend on an annualized basis and a yield of 12.05%. NGL Energy Partners’s dividend payout ratio is presently -91.23%.
In other NGL Energy Partners news, CFO Robert W. Karlovich III bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The stock was bought at an average cost of $11.66 per share, for a total transaction of $116,600.00. Following the completion of the transaction, the chief financial officer now directly owns 99,320 shares of the company’s stock, valued at approximately $1,158,071.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
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About NGL Energy Partners
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.
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