XTX Topco Ltd Invests $46,000 in NGL Energy Partners LP (NYSE:NGL)

XTX Topco Ltd bought a new stake in NGL Energy Partners LP (NYSE:NGL) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,174 shares of the oil and gas company’s stock, valued at approximately $46,000.

A number of other institutional investors and hedge funds also recently modified their holdings of NGL. Van ECK Associates Corp increased its holdings in NGL Energy Partners by 26.4% during the second quarter. Van ECK Associates Corp now owns 24,565 shares of the oil and gas company’s stock worth $124,000 after buying an additional 5,128 shares during the last quarter. Tortoise Capital Advisors L.L.C. grew its position in shares of NGL Energy Partners by 11.1% during the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 68,234 shares of the oil and gas company’s stock valued at $345,000 after acquiring an additional 6,834 shares during the period. International Assets Investment Management LLC increased its stake in shares of NGL Energy Partners by 350.0% during the 3rd quarter. International Assets Investment Management LLC now owns 12,600 shares of the oil and gas company’s stock worth $57,000 after purchasing an additional 9,800 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of NGL Energy Partners in the 3rd quarter worth approximately $46,000. Finally, NBW Capital LLC lifted its stake in NGL Energy Partners by 3.0% in the second quarter. NBW Capital LLC now owns 451,947 shares of the oil and gas company’s stock valued at $2,287,000 after purchasing an additional 12,985 shares during the last quarter. 40.62% of the stock is owned by hedge funds and other institutional investors.

NGL Energy Partners Stock Performance

NYSE:NGL opened at $4.71 on Monday. NGL Energy Partners LP has a 1 year low of $3.84 and a 1 year high of $6.20. The company has a debt-to-equity ratio of 28.52, a current ratio of 1.21 and a quick ratio of 0.98. The business has a fifty day simple moving average of $4.42 and a two-hundred day simple moving average of $4.57. The company has a market capitalization of $621.78 million, a P/E ratio of -2.03 and a beta of 1.75.

NGL Energy Partners (NYSE:NGL) last announced its quarterly earnings data on Tuesday, November 12th. The oil and gas company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.20). The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.56 billion. NGL Energy Partners had a negative net margin of 2.87% and a positive return on equity of 77.15%. During the same quarter in the prior year, the firm posted ($0.05) earnings per share. On average, analysts expect that NGL Energy Partners LP will post 0.11 earnings per share for the current year.

About NGL Energy Partners

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.