NGL Energy Partners (NYSE:NGL) CEO H Michael Krimbill Sells 300,000 Shares

NGL Energy Partners LP (NYSE:NGL) CEO H Michael Krimbill sold 300,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $17.00, for a total transaction of $5,100,000.00. Following the completion of the sale, the chief executive officer directly owned 3,378,615 shares in the company, valued at $57,436,455. This trade represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NGL Energy Partners Stock Performance

Shares of NGL stock opened at $17.13 on Thursday. The firm’s 50 day moving average price is $16.15 and its 200-day moving average price is $14.76. NGL Energy Partners LP has a one year low of $5.01 and a one year high of $18.80. The firm has a market cap of $2.14 billion, a P/E ratio of -6.03 and a beta of 0.63.

NGL Energy Partners (NYSE:NGL) last posted its earnings results on Tuesday, August 4th. The oil and gas company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.37. The firm had revenue of $989.99 million during the quarter, compared to the consensus estimate of $346.13 million. NGL Energy Partners had a negative net margin of 3.76% and a negative return on equity of 39.51%. As a group, research analysts predict that NGL Energy Partners LP will post 1.38 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on NGL. Wall Street Zen upgraded NGL Energy Partners from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research upgraded NGL Energy Partners from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Finally, Weiss Ratings cut NGL Energy Partners from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, NGL Energy Partners has a consensus rating of “Buy”.

Trending Headlines about NGL Energy Partners

Here are the key news stories impacting NGL Energy Partners this week:

• Positive Sentiment: Director John T. Raymond purchased a combined 326,626 shares for approximately $5.53 million across transactions from August 21–25. The purchases substantially increased his ownership and may signal confidence in NGL’s valuation and outlook. SEC insider purchase filing
• Positive Sentiment: Director James M. Collingsworth bought 11,008 additional shares for roughly $185,183 over August 25–26. The purchases add to an already substantial position and provide another favorable insider-ownership signal. SEC insider purchase filing
• Positive Sentiment: NGL’s latest quarterly results significantly exceeded expectations, with EPS of $0.48 versus a $0.11 consensus estimate and revenue of approximately $990 million versus estimates near $346 million. Analysts expect full-year EPS of about $1.38, supporting the case for continued earnings improvement.
• Positive Sentiment: Broader midstream companies have reported strong second-quarter results, aided by higher throughput, resilient fee-based cash flows, and demand for natural gas and NGL exports. This sector backdrop is generally supportive for NGL. Strong Midstream 2Q26 Earnings Boost Full-Year Outlook
• Neutral Sentiment: Institutional investors own approximately 40.6% of NGL’s shares, with several funds recently increasing or initiating positions. Analyst sentiment is broadly favorable, though coverage remains limited and includes both Strong Buy and Hold ratings.
• Negative Sentiment: CEO H. Michael Krimbill sold 300,000 shares for $5.1 million, reducing his direct holdings by 8.16%. Although directors made larger aggregate purchases, the sizable executive sale could raise questions about near-term insider conviction.

Institutional Investors Weigh In On NGL Energy Partners

A number of hedge funds have recently added to or reduced their stakes in NGL. Quartz Partners LLC lifted its position in shares of NGL Energy Partners by 6.8% during the 1st quarter. Quartz Partners LLC now owns 16,504 shares of the oil and gas company’s stock worth $203,000 after purchasing an additional 1,052 shares during the last quarter. Carter Financial Group INC. increased its holdings in NGL Energy Partners by 3.1% in the second quarter. Carter Financial Group INC. now owns 66,889 shares of the oil and gas company’s stock valued at $1,066,000 after buying an additional 2,000 shares during the last quarter. Wells Fargo & Company MN raised its stake in NGL Energy Partners by 9.4% in the fourth quarter. Wells Fargo & Company MN now owns 34,800 shares of the oil and gas company’s stock valued at $348,000 after buying an additional 3,000 shares in the last quarter. XTX Topco Ltd raised its stake in NGL Energy Partners by 9.0% in the fourth quarter. XTX Topco Ltd now owns 37,579 shares of the oil and gas company’s stock valued at $376,000 after buying an additional 3,103 shares in the last quarter. Finally, Massar Capital Management LP raised its stake in NGL Energy Partners by 23.2% in the second quarter. Massar Capital Management LP now owns 28,143 shares of the oil and gas company’s stock valued at $120,000 after buying an additional 5,295 shares in the last quarter. 40.62% of the stock is currently owned by institutional investors and hedge funds.

NGL Energy Partners Company Profile

NGL Energy Partners LP is a publicly traded master limited partnership that provides midstream infrastructure and marketing services for the energy industry. The company focuses on the transportation, storage, fractionation and marketing of natural gas liquids (NGLs) and refined petroleum products. Through its integrated operations, NGL Energy Partners serves producers, processors, refiners and industrial customers across key U.S. energy-producing regions.

The partnership’s asset base includes pipelines, storage terminals, fractionation plants, and distribution facilities.