NGL Energy Partners LP

NYSE NGL

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NGL Energy Partners LP Price to Sales Ratio (P/S) on June 03, 2024: 0.10

NGL Energy Partners LP Price to Sales Ratio (P/S) is 0.10 on June 03, 2024, a 99.88% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • NGL Energy Partners LP 52-week high Price to Sales Ratio (P/S) is 0.11 on April 10, 2024, which is 4.31% above the current Price to Sales Ratio (P/S).
  • NGL Energy Partners LP 52-week low Price to Sales Ratio (P/S) is 0.05 on June 05, 2023, which is -49.97% below the current Price to Sales Ratio (P/S).
  • NGL Energy Partners LP average Price to Sales Ratio (P/S) for the last 52 weeks is 0.08.
NYSE: NGL

NGL Energy Partners LP

CEO Mr. H. Michael Krimbill
IPO Date May 12, 2011
Location United States
Headquarters 6120 South Yale Avenue, Tulsa, OK, United States, 74136
Employees 638
Sector Energy
Industry Oil & gas midstream
Description

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. The Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and transportation services through pipelines. The Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 24 terminals, third-party storage and terminal facilities, and nine common carrier pipelines, as well as through fleet of leased railcars. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.

StockViz Staff

September 20, 2024

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