NGL Energy Partners LP (NGL) Stock Analysis
Verdict: WATCH (do not buy)
Heavy $3.36B debt load caps valuation upside, but robust $144.7M free cash flow and Permian water assets support a neutral outlook.
Investment score: 52/100
Analysis as of
Is NGL Energy Partners LP stock worth reviewing? The TradeMates thesis
The model sees NGL Energy Partners LP as a balanced risk/reward hold at 16.41 USD. Robust free cash flow of $144.7M and insider accumulation offset severe balance sheet leverage.
7-factor investment score
- Valuation: 50/100 (weight 20%)
- Financial Health: 35/100 (weight 15%)
- Technical Momentum: 55/100 (weight 15%)
- Earnings Quality: 55/100 (weight 15%)
- Insider Sentiment: 65/100 (weight 10%)
- Analyst Consensus: 60/100 (weight 10%)
- Risk-Adjusted Return: 50/100 (weight 15%)
NGL Energy Partners LP opportunities and risks
What speaks for NGL
- Strong Free Cash Flow Generation ($144.7M in FY2026)
What speaks against NGL
- Elevated Financial Leverage (4.85x Net Debt/EBITDA)
Peers and competitors
| Ticker | P/E | P/S | EV/EBITDA | Gross margin | Net margin | FCF yield |
|---|---|---|---|---|---|---|
| NGL | n/a | 0.6x | 7.8x | 25.0% | -4.8% | 10.3% |
| INSW | 7.1x | 4.4x | 4.5x | 66.0% | 61.9% | 4.9% |
| EE | 25.5x | 3.0x | 11.2x | 37.0% | 3.2% | 0.8% |
| DKL | 20.0x | 2.5x | 11.8x | 17.3% | 12.8% | 4.2% |
| LPG | 7.8x | 4.3x | 6.6x | 63.3% | 55.3% | 8.9% |
| NEXT | n/a | 0.0x | n/a | 0.0% | 0.0% | -204.7% |
| Peer median | 7.8x | 3.0x | 6.6x | 37.0% | 12.8% | 4.2% |
Frequently asked questions about NGL Energy Partners LP (NGL)
Is NGL stock a good investment?
The TradeMates model rates NGL Energy Partners LP as WATCH (do not buy) with an investment score of 52/100. The model sees NGL Energy Partners LP as a balanced risk/reward hold at 16.41 USD. Robust free cash flow of $144.7M and insider accumulation offset severe balance sheet leverage. This is algorithmic model output, not personal investment advice.
Is NGL stock a buy?
The TradeMates model verdict for NGL is WATCH (do not buy) with an investment score of 52/100. Treat this as a model signal to review, not a personal buy recommendation.