Home > Boards > US Listed > Oil/Gas/Natural Energy Production > NGL ENERGY PARTNERS LP (NGL)

Target $32.78. Updated Excel Spreadsheet market capitalization to

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (2) | Next 10 | Previous | Next
RyGuy Member Profile
 
Followed By 288
Posts 11,407
Boards Moderated 1
Alias Born 03/05/09
160x600 placeholder
Securities Registration: Employee Benefit Plan (s-8) Edgar (US Regulatory) - 10/10/2019 4:43:05 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/4/2019 4:33:46 PM
NGL Energy Partners LP Announces Completion of Southeast Refined Products Assets Sale Business Wire - 9/30/2019 5:54:00 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 9/30/2019 4:19:45 PM
NGL Energy Partners LP Announces Agreement to Issue Additional Class D Preferred Units and Warrants Business Wire - 9/26/2019 6:35:00 AM
NGL Energy Partners LP Announces Definitive Agreement to Acquire Hillstone Business Wire - 9/26/2019 6:31:00 AM
NGL Energy Partners LP Announces Quarterly Cash Distribution for Class B and Class C Preferred Units Business Wire - 9/16/2019 6:30:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 9/6/2019 4:12:11 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 8/30/2019 4:41:47 PM
NGL Energy Partners LP Announces $150 Million Unit Repurchase Program Business Wire - 8/30/2019 6:35:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 8/23/2019 5:19:53 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 8/23/2019 4:06:23 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 8/23/2019 4:05:51 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 8/23/2019 4:04:56 PM
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index [CORRECTED] PR Newswire (US) - 8/23/2019 2:06:00 PM
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Utility Index PR Newswire (US) - 8/23/2019 9:02:00 AM
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Transportation Index PR Newswire (US) - 8/23/2019 9:02:00 AM
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Index PR Newswire (US) - 8/23/2019 9:02:00 AM
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index PR Newswire (US) - 8/23/2019 9:02:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 8/21/2019 5:09:26 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 8/20/2019 6:06:42 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 8/19/2019 3:16:50 PM
NGL Energy Partners LP to Attend 2019 Citi One-on-One MLP/Midstream Infrastructure Conference Business Wire - 8/13/2019 4:35:00 PM
Alerian Reports June 30, 2019 Index Linked Product Positions PR Newswire (US) - 8/9/2019 12:41:00 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 8/9/2019 6:04:48 AM
RyGuy   Sunday, 04/07/19 08:07:20 PM
Re: None
Post # of 7250 
Target $32.78. Updated Excel Spreadsheet market capitalization to show that even a double in price of NGL would not be absurd.



All of those stocks above are on the Alerian MLP screener, and are listed as Pipeline/Transportation K-1 issuing MLP's. All are considered in the same industry segement as NGL, and as you can see NGL is significantly undervalued in comparison to them all.

Here is the link to the Alerian MLP screener:

https://www.alerian.com/education/mlp-screener/

When looking at the screener, you can filter the industry segments. NGL is listed in the Pipeline/Transportion segment.

Plains GP Holdings (PAGP) probably the most likely comparable MLP in general. Yet NGL is still undervalued in comparison by a factor or 2-3 times. Also close ccomparable in the Pipeline Transportation segment is (PAA) Plains All American Pipeline.

https://finance.yahoo.com/quote/NGL/key-statistics?p=NGL
https://finance.yahoo.com/quote/PAA/key-statistics?p=PAA
https://finance.yahoo.com/quote/PAGP/key-statistics?p=PAGP


https://finance.yahoo.com/quote/TCP/key-statistics?p=TCP
https://finance.yahoo.com/quote/SHLX/key-statistics?p=SHLX
https://finance.yahoo.com/quote/PSXP/key-statistics?p=PSXP
https://finance.yahoo.com/quote/PBFX/key-statistics?p=PBFX
https://finance.yahoo.com/quote/NS/key-statistics?p=NS
https://finance.yahoo.com/quote/MMP/key-statistics?p=MMP
https://finance.yahoo.com/quote/HEP/key-statistics?p=HEP
https://finance.yahoo.com/quote/GEL/key-statistics?p=GEL
https://finance.yahoo.com/quote/ET/key-statistics?p=ET
https://finance.yahoo.com/quote/EQM/key-statistics?p=EQM
https://finance.yahoo.com/quote/EPD/key-statistics?p=EPD
https://finance.yahoo.com/quote/DKL/key-statistics?p=DKL
https://finance.yahoo.com/quote/BPMP/key-statistics?p=BPMP
https://finance.yahoo.com/quote/BPL/key-statistics?p=BPL
https://finance.yahoo.com/quote/ANDX/key-statistics?p=ANDX


Here is a list of Fortune 500 companies. Based on Revenue there is only three other MLP's larger and with more annual revenues than NGL.

http://fortune.com/fortune500/

64 - Energy Transfer
105 - Enterprise Products Partners
115 - Plains GP Holdings
223 - NGL Energy Partners

Looks like NGL is still a potential more than double in price from here. $32 here we come!




Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (2) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist