NGL Energy Partners Future Growth

Future criteria checks 3/6

NGL Energy Partners's revenue is forecast to decline at 1.2% per annum while its annual earnings are expected to grow at 170.9% per year. EPS is expected to grow by 206.8% per annum.

Key information

170.9%

Earnings growth rate

206.8%

EPS growth rate

Oil and Gas earnings growth	3.9%
Revenue growth rate	-1.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

NGL Energy Partners: Preferreds Going To Current Yield, Upside Now In The Common

Apr 11

NGL Energy Partners GAAP EPS of $0.19 misses by $0.01, revenue of $2.14B misses by $490M

Feb 09

NGL Energy Partners: Despite Good News, Future Is Bleak For Common Unitholders

Jan 31

NGL Energy: Preferreds Get An Upgrade

Dec 26

NGL Energy Partners GAAP EPS of -$0.21, revenue of $2B

Nov 09

NGL Energy: Divergence

Sep 25

NGL Energy: Pain Ahead, Sell Common And Preferreds

Jun 06

NGL Energy Partners: Lower Guidance Is Fully Offset By Asset Sales

Mar 24

NGL Energy Partners LP: Expect Preferred Dividend By 2024

Feb 09

NGL Energy Partners LP: Free Cash Flow Will Allow The Company To Delever In The Next 3 Years

Aug 30

NGL Energy: It Could Have Been Worse

Aug 11

NGL Energy Partners: New Distribution Might Have To Go As Well

Oct 28

Earnings and Revenue Growth Forecasts

NYSE:NGL - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2025	7,238	40	-22	425	2
3/31/2024	7,273	14	25	346	2
12/31/2023	7,376	-79	317	462	N/A
9/30/2023	7,645	-63	474	608	N/A
6/30/2023	7,814	-83	355	498	N/A
3/31/2023	8,695	-73	297	445	N/A
12/31/2022	9,179	-62	229	386	N/A
9/30/2022	9,212	-133	24	182	N/A
6/30/2022	8,957	-134	77	213	N/A
3/31/2022	7,948	-289	63	206	N/A
12/31/2021	7,167	-486	3	145	N/A
9/30/2021	6,457	-844	20	152	N/A
6/30/2021	5,871	-834	83	218	N/A
3/31/2021	5,227	-731	117	304	N/A
12/31/2020	5,156	-721	36	316	N/A
9/30/2020	5,920	-288	183	612	N/A
6/30/2020	6,557	-303	-24	475	N/A
3/31/2020	7,584	-367	-92	464	N/A
12/31/2019	8,026	-85	-24	555	N/A
9/30/2019	8,095	-46	-100	421	N/A
6/30/2019	6,302	-13	-90	448	N/A
3/31/2019	8,689	-171	-118	337	N/A
12/31/2018	11,512	-265	-106	249	N/A
9/30/2018	13,571	-317	-242	38	N/A
6/30/2018	17,436	-498	-83	96	N/A
3/31/2018	6,954	-84	4	138	N/A
12/31/2017	15,809	-216	-86	96	N/A
9/30/2017	14,862	-239	N/A	42	N/A
6/30/2017	14,031	-134	N/A	47	N/A
3/31/2017	12,707	58	N/A	-25	N/A
12/31/2016	11,500	-114	N/A	-57	N/A
9/30/2016	10,778	-78	N/A	123	N/A
6/30/2016	10,926	-28	N/A	199	N/A
3/31/2016	11,742	-247	N/A	351	N/A
12/31/2015	12,637	51	N/A	474	N/A
9/30/2015	14,505	1	N/A	498	N/A
6/30/2015	16,692	-8	N/A	335	N/A
3/31/2015	16,802	-8	N/A	262	N/A
12/31/2014	17,557	-66	N/A	102	N/A
9/30/2014	15,749	-23	N/A	72	N/A
6/30/2014	11,962	7	N/A	69	N/A
3/31/2014	9,699	34	N/A	85	N/A
12/31/2013	7,341	18	N/A	199	N/A
9/30/2013	5,936	38	N/A	137	N/A
6/30/2013	5,477	50	N/A	213	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NGL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: NGL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: NGL is expected to become profitable in the next 3 years.

Revenue vs Market: NGL's revenue is expected to decline over the next 3 years (-1.2% per year).

High Growth Revenue: NGL's revenue is forecast to decline over the next 3 years (-1.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if NGL's Return on Equity is forecast to be high in 3 years time

NGL Energy Partners Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 61%

Forecast breakeven date pushed back to 2024

Price target increased by 25% to US$2.50

Consensus EPS estimates fall by 33%

Consensus EPS estimates fall by 51%

No longer forecast to breakeven

Recent updates

NGL Energy Partners: Preferreds Going To Current Yield, Upside Now In The Common

Board Member recently bought US$582k worth of stock

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates fall by 61%

NGL Energy Partners LP to Report Q3, 2024 Results on Feb 08, 2024

NGL Energy Partners: A Hold With Decent Potential

New major risk - Revenue and earnings growth

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

NGL Energy Partners LP to Report Q2, 2024 Results on Nov 09, 2023

NGL Energy Partners: Improved Business Performance, But Risk Remains

New minor risk - Profitability

First quarter 2024 earnings: EPS and revenues miss analyst expectations

NGL Energy: Not Worth The Risks And Uncertainties

Full year 2023 earnings: EPS and revenues miss analyst expectations

Forecast breakeven date pushed back to 2024

NGL Energy Partners redeems $203.4M senior notes

Key Executive recently bought US$139k worth of stock

Price target increased by 25% to US$2.50

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

NGL Energy Partners GAAP EPS of $0.19 misses by $0.01, revenue of $2.14B misses by $490M

Consensus EPS estimates fall by 33%

NGL Energy Partners: Despite Good News, Future Is Bleak For Common Unitholders

NGL Energy Partners LP to Report Q3, 2023 Results on Feb 09, 2023

Consensus EPS estimates fall by 51%

No longer forecast to breakeven

NGL Energy Partners LP Announces Change of Chief Financial Officer Effective January 13, 2023

Insufficient new directors

No longer forecast to breakeven

NGL Energy: Preferreds Get An Upgrade

Board Member recently bought US$56k worth of stock

Board Member recently bought US$58k worth of stock

President recently bought US$255k worth of stock

Price target decreased to US$2.00

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

NGL Energy Partners GAAP EPS of -$0.21, revenue of $2B

Price target decreased to US$2.00

NGL Energy Partners LP to Report Q2, 2023 Results on Nov 09, 2022

NGL Energy: Divergence

President recently bought US$89k worth of stock

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

NGL Energy Partners LP to Report Q1, 2023 Results on Aug 09, 2022

President recently bought US$185k worth of stock

Forecast breakeven date pushed back to 2024

NGL Energy: Pain Ahead, Sell Common And Preferreds

NGL Energy Partners LP to Report Q4, 2022 Results on Jun 06, 2022

Price target decreased to US$2.33

NGL Energy Partners: Lower Guidance Is Fully Offset By Asset Sales

Key Executive recently bought US$212k worth of stock

Forecast to breakeven in 2024

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

NGL Energy Partners LP: Expect Preferred Dividend By 2024

Consensus forecasts updated

Forecast breakeven date pushed back to 2024

Price target decreased to US$2.33

Insider recently bought US$87k worth of stock

Key Executive recently bought US$201k worth of stock

Key Executive recently bought US$222k worth of stock

Second quarter 2022 earnings released: US$0.012 loss per share (vs US$0.14 loss in 2Q 2021)

Executive VP, CFO & Treasurer of NGL Energy Holdings LLC Robert Karlovich has left the company

Key Executive recently bought US$174k worth of stock

Key Executive recently bought US$300k worth of stock

NGL Energy Partners LP: Free Cash Flow Will Allow The Company To Delever In The Next 3 Years

Key Executive recently bought US$232k worth of stock

NGL Energy: It Could Have Been Worse

First quarter 2022 earnings released

NGL Energy Partners LP Provides Update on Wastewater Recycling / Reuse Efforts in the Northern Delaware Basin

Insider recently bought US$67k worth of stock

Full year 2021 earnings released: US$5.67 loss per share (vs US$2.88 loss in FY 2020)

Forecast to breakeven in 2023