NGL Stock Overview
Trinidad and Tobago NGL Limited, through its interest in Phoenix Park Gas Processors Limited, engages in operating natural gas processing and natural gas liquids fractionation facilities in Trinidad and Tobago.
Price History & Performance
|Historical stock prices|
|Current Share Price||TT$18.83|
|52 Week High||TT$19.00|
|52 Week Low||TT$13.00|
|1 Month Change||2.84%|
|3 Month Change||7.42%|
|1 Year Change||25.87%|
|3 Year Change||-35.62%|
|5 Year Change||-14.41%|
|Change since IPO||-14.41%|
Recent News & Updates
|NGL||TT Oil and Gas||TT Market|
Return vs Industry: NGL exceeded the TT Oil and Gas industry which returned 12.8% over the past year.
Return vs Market: NGL exceeded the TT Market which returned 10.7% over the past year.
|NGL Average Weekly Movement||2.9%|
|Oil and Gas Industry Average Movement||6.9%|
|Market Average Movement||2.7%|
|10% most volatile stocks in TT Market||5.5%|
|10% least volatile stocks in TT Market||1.5%|
Stable Share Price: NGL is not significantly more volatile than the rest of TT stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NGL's weekly volatility (3%) has been stable over the past year.
About the Company
Trinidad and Tobago NGL Limited, through its interest in Phoenix Park Gas Processors Limited, engages in operating natural gas processing and natural gas liquids fractionation facilities in Trinidad and Tobago. It produces and markets propane, butane, and natural gasoline. The company was incorporated in 2013 and is based in Couva, Trinidad & Tobago.
Trinidad and Tobago NGL Fundamentals Summary
|NGL fundamental statistics|
Is NGL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NGL income statement (TTM)|
|Cost of Revenue||TT$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.71|
|Net Profit Margin||73.51%|
How did NGL perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is Trinidad and Tobago NGL undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NGL (TTD18.83) is trading above our estimate of fair value (TTD2.67)
Significantly Below Fair Value: NGL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NGL is poor value based on its PE Ratio (26.4x) compared to the South American Oil and Gas industry average (11.8x).
PE vs Market: NGL is poor value based on its PE Ratio (26.4x) compared to the TT market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NGL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NGL is good value based on its PB Ratio (0.9x) compared to the XS Oil and Gas industry average (1x).
How is Trinidad and Tobago NGL forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Trinidad and Tobago NGL has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Trinidad and Tobago NGL performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NGL has a large one-off loss of TTD38.1M impacting its September 30 2021 financial results.
Growing Profit Margin: NGL's current net profit margins (73.5%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: NGL's earnings have declined by 27.3% per year over the past 5 years.
Accelerating Growth: NGL's earnings growth over the past year (39.3%) exceeds its 5-year average (-27.3% per year).
Earnings vs Industry: NGL earnings growth over the past year (39.3%) underperformed the Oil and Gas industry 102.9%.
Return on Equity
High ROE: NGL's Return on Equity (3.3%) is considered low.
How is Trinidad and Tobago NGL's financial position?
Financial Position Analysis
Short Term Liabilities: NGL's short term assets (TTD86.7M) exceed its short term liabilities (TTD1.5M).
Long Term Liabilities: NGL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NGL is debt free.
Reducing Debt: NGL has not had any debt for past 5 years.
Debt Coverage: NGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NGL has no debt, therefore coverage of interest payments is not a concern.
What is Trinidad and Tobago NGL current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NGL's dividend (2.66%) is higher than the bottom 25% of dividend payers in the TT market (1.7%).
High Dividend: NGL's dividend (2.66%) is low compared to the top 25% of dividend payers in the TT market (3.34%).
Stability and Growth of Payments
Stable Dividend: NGL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NGL has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.3%), NGL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Trinidad and Tobago NGL has no CEO, or we have no data on them.
Experienced Board: NGL's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Trinidad and Tobago NGL Limited's employee growth, exchange listings and data sources
- Name: Trinidad and Tobago NGL Limited
- Ticker: NGL
- Exchange: TTSE
- Founded: 2013
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: TT$2.864b
- Shares outstanding: 154.80m
- Website: https://www.ngl.co.tt
- Trinidad and Tobago NGL Limited
- Orinoco Drive
- Point Lisas Industrial Estate
- Trinidad & Tobago
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 22:08|
|End of Day Share Price||2021/12/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.