NGL Energy Partners LP (NGL) is a publicly traded company in the Energy — Oil & Gas Midstream industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
NGL Energy Partners LP is engaged in the midstream energy sector, focusing on the movement, storage, blending, and marketing of critical energy commodities such as crude oil, natural gas liquids (NGLs), refined petroleum products, and renewable fuels. The company also offers extensive water solutions. Its operations are structured into three primary segments: The Water Solutions division specializes in managing water generated during oil and natural gas extraction.
Is NGL Energy Partners LP stock overvalued or undervalued in 2026?
As of October 30, 2026, NGL Energy Partners LP (NGL) trades at $16.42 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: NGL Energy Partners LP
Market cap $2B · 52 weeks $6 – $19 (13 % below the high) · P/E no earnings · 2027 est. P/E 11.9× · Dividend none · Next earnings November 5, 2026 · expected EPS $0.22 · Closing price, Oct 30 · accounts published Aug 4.
- Valuation: EV/EBITDA 7.8× (no earnings).
- Business: 5-year ROIC 6.1 % (weak).
- Balance sheet: Net debt/EBITDA 9.9× (fragile).
- Earnings: 3 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
What matters in energy: 3 of 7 pass
- 5y avg ROIC 6.1 %, fails.
- Positive FCF through the cycle 7 of 10 fiscal years, fails.
- Net debt / EBITDA 9.9×, fails.
- Capex / Revenue 7.0 %, fails.
- FCF yield 17.1 %, passes.
- Dividend coverage (FCF / div) 1.3×, passes, near the threshold.
- EV/EBITDA vs own 10y 7.8×, passes.
Against its peers (reference peers) — NGL Energy Partners LP: P/E —; EV/EBITDA 7.8×; ROIC 12.0 %; $2.0B. Dorian LPG Ltd. (P/E 7.2×; EV/EBITDA 6.2×; ROIC 17.8 %; $2.3B), Delek Logistics Partners, LP (P/E 19.5×; EV/EBITDA 12.1×; ROIC 7.7 %; $3.2B), SunocoCorp LLC (P/E 25.3×; EV/EBITDA 6.1×; ROIC 6.1 %; $3.7B).
Dividend
fragile · Yield 0.00 % ($0.89 per share in 2026) · Free cash flow coverage 0.3×.
Profitability
| Return on Equity | -51.37% |
| Return on Invested Capital | 12.03% |
| Return on Assets | -4.08% |
| Gross Margin | 24.97% |
| Operating Margin | 12.27% |
| Net Margin | -4.83% |
Financial Health
| Debt / Equity | 103.75 |
| Current Ratio | 1.14 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 1.29 |
Price Performance
| 1 month | +0.80% |
| 3 months | +3.60% |
| Year-to-date | +64.20% |
| 1 year | +154.18% |
| 3 years | +285.45% |
| 5 years | +653.21% |
| 10 years | -1.38% |
Related companies: ENB.TO · 0KTI.L · ENB-PN.TO · ENB-PT.TO · ENB-PA.TO · ENB-PFA.TO · ENB · TRP-PD.TO
Explore sector: Energy · Oil & Gas Midstream
More sections of NGL: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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