NGL Financial Statements From 2010 to 2024
| NGL-PC Preferred Stock | USD 23.01 0.43 1.83% |
Check NGL Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NGL Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . NGL financial statements analysis is a perfect complement when working with NGL Energy Valuation or Volatility modules.
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NGL Energy Partners Company Price To Earning Analysis
NGL Energy's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current NGL Energy Price To Earning | 12.64 X |
Most of NGL Energy's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NGL Energy Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, NGL Energy Partners has a Price To Earning of 12.64 times. This is 63.28% lower than that of the Energy sector and 72.86% lower than that of the Oil & Gas Refining & Marketing industry. The price to earning for all United States preferred stocks is 55.99% higher than that of the company.
NGL Energy Partners Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NGL Energy's current stock value. Our valuation model uses many indicators to compare NGL Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NGL Energy competition to find correlations between indicators driving NGL Energy's intrinsic value. More Info.NGL Energy Partners is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in price to sales category among its peers fabricating about 0.01 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for NGL Energy Partners is roughly 176.29 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NGL Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NGL Energy's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About NGL Energy Financial Statements
NGL Energy stakeholders use historical fundamental indicators, such as NGL Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although NGL Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in NGL Energy's assets and liabilities are reflected in the revenues and expenses on NGL Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NGL Energy Partners. Please read more on our technical analysis and fundamental analysis pages.
NGL Energy Partners LP engages in the crude oil logistics, water solutions, and liquids and refined products businesses. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma. NGL ENERGY operates under Oil Gas Refining Marketing classification in the United States and is traded on NYQ Exchange. It employs 1400 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in NGL Preferred Stock
NGL Energy financial ratios help investors to determine whether NGL Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NGL with respect to the benefits of owning NGL Energy security.