OverviewSuggest Edit

NGL Energy Partners is a vertically integrated full service MLP occupying a niche in the midstream energy sector. The Company serves customers at various points along the crude oil and natural gas liquids supply chain, water treatment and retail propane. NGL Energy Partners is focused on five business segments: crude oil logistics, water solutions, NGL logistics, retail propane and refined products. The Company provides solutions for upstream companies such as marketing crude oil, marketing natural gas liquids, treating produced and flowback water disposal or recycling. 

TypePublic
Founded2010
HQTulsa, US
Websitenglenergypartners.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Feb 2019)2,400
Job Openings126
Revenue (FY, 2018)$17.3 B(+33%)
Share Price (Mar 2019)$13.9 (+3%)

Key People/Management at NGL Energy Partners

H. Michael Krimbill

H. Michael Krimbill

CEO
Charles Wilkin

Charles Wilkin

Executive Vice President Administration & Legal Counsel
Jennifer Kingham

Jennifer Kingham

Chief Information Officer and Senior Vice President
Kurston McMurray

Kurston McMurray

Executive Vice President, General Counsel & Corporate Secretary
Larry Thuillier

Larry Thuillier

Chief Accounting Officer
Doug White

Doug White

Executive Vice President – Water Solutions
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NGL Energy Partners Office Locations

NGL Energy Partners has an office in Tulsa
Tulsa, US (HQ)
6120 S Yale Ave #805
Show all (1)
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NGL Energy Partners Financials and Metrics

NGL Energy Partners Revenue

NGL Energy Partners's revenue was reported to be $17.28 b in FY, 2018
USD

Revenue (Q1, 2019)

5.8b

Gross profit (Q1, 2019)

148.3m

Gross profit margin (Q1, 2019), %

2.5%

Net income (Q1, 2019)

(169.3m)

EBIT (Q1, 2019)

(84.6m)

Market capitalization (18-Mar-2019)

1.7b

Closing stock price (18-Mar-2019)

13.9

Cash (30-Jun-2018)

13.7m

EV

1.7b
NGL Energy Partners's current market capitalization is $1.7 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

9.7b16.8b11.7b13.0b17.3b

Revenue growth, %

73%(30%)

Cost of goods sold

9.1b16.0b10.8b12.3b16.5b

Gross profit

566.6m843.9m903.1m700.3m746.7m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q1, 2019

Revenue

1.6b2.7b3.6b5.4b4.6b3.5b3.2b2.7b2.7b3.0b3.4b3.9b5.8b

Cost of goods sold

1.5b2.6b3.5b5.2b4.3b3.3b3.0b2.4b2.6b2.9b3.2b3.8b5.7b

Gross profit

105.1m167.4m114.6m201.1m240.5m215.9m187.4m251.5m155.5m116.8m178.6m152.6m148.3m

Gross profit Margin, %

7%6%3%4%5%6%6%9%6%4%5%4%3%
Annual
usdY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

4.0m16.3m7.8m11.6m10.4m41.3m28.2m12.3m26.2m

Inventories

310.2m441.8m367.8m561.4m564.6m

Current Assets

1.3b1.6b1.0b1.5b1.8b

Goodwill

1.1b1.4b1.3b1.5b1.3b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q1, 2019

Cash

5.5m8.9m39.7m11.8m30.6m43.5m30.1m25.2m10.9m23.4m28.9m18.4m13.7m

Inventories

355.3m443.2m373.6m941.6m535.9m489.1m408.4m414.1m522.5m520.3m614.0m570.7m600.5m

Current Assets

1.0b1.7b1.4b2.6b2.5b1.6b1.3b1.2b1.3b1.3b1.6b1.5b2.4b

Goodwill

840.3m1.0b1.1b1.2b1.3b1.5b1.5b1.5b1.4b1.5b1.5b1.3b1.3b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

48.8m50.2m(187.1m)143.9m(69.6m)

Inventories

(73.3m)243.3m74.7m(192.2m)(7.7m)

Cash From Operating Activities

85.2m262.4m351.5m(26.8m)137.6m

Cash From Investing Activities

(1.5b)(1.4b)(445.3m)(363.1m)270.6m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q1, 2019

Net Income

(932.0k)24.1m(39.9m)(15.9m)(5.3m)(38.5m)(62.7m)(33.1m)182.8m116.1m117.4m(237.3m)(169.3m)

Depreciation and Amortization

25.1m35.5m39.4m50.1m50.3m

Inventories

(47.0m)34.3m29.2m(154.6m)(151.5m)(244.9m)(18.6m)(48.8m)

Cash From Operating Activities

81.8m174.1m293.1m(71.4m)(56.4m)(117.7m)10.0m(41.4m)
USDY, 2018

EV/EBIT

-20.2 x

EV/CFO

-41.3 x

EV/FCF

-15 x

Financial Leverage

3.2 x
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NGL Energy Partners Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Transmontaigne PartnersJune 09, 2014$200 m
GavilonNovember 06, 2013$890 m
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NGL Energy Partners News and Updates

WaterBridge Resources LLC Announces $800 million Debt Facilities to Fund Water Infrastructure Acquisitions from Halcón Resources Corporation and NGL Energy Partners LP and to Support Ongoing Organic Growth

HOUSTON, Dec. 21, 2018 /PRNewswire/ -- WaterBridge Resources LLC (together with its subsidiaries, "WaterBridge") announced today that its subsidiary WaterBridge Operating LLC has entered into $800 million of debt facilities led by SunTrust Robinson Humphrey, Inc. with a syndicate of...

NGL Energy Partners LP Acquires Beckham and McCloy Ranches in Eddy and Lea Counties, New Mexico

TULSA, Okla., Sept. 10, 2018 /PRNewswire/ -- NGL Energy Partners LP (NYSE:NGL) ("NGL," "our," or the "Partnership") announced today that it has executed the latest phase of its Delaware Basin water infrastructure strategy. NGL completed the purchase of the approximately 36,000-acre...
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NGL Energy Partners Frequently Asked Questions

  • When was NGL Energy Partners founded?

    NGL Energy Partners was founded in 2010.

  • Who are NGL Energy Partners key executives?

    NGL Energy Partners's key executives are H. Michael Krimbill, Charles Wilkin and Jennifer Kingham.

  • How many employees does NGL Energy Partners have?

    NGL Energy Partners has 2,400 employees.

  • What is NGL Energy Partners revenue?

    Latest NGL Energy Partners annual revenue is $17.3 b.

  • What is NGL Energy Partners revenue per employee?

    Latest NGL Energy Partners revenue per employee is $7.2 m.

  • Who are NGL Energy Partners competitors?

    Competitors of NGL Energy Partners include HollyFrontier, Williams Companies and AmeriGas.

  • Where is NGL Energy Partners headquarters?

    NGL Energy Partners headquarters is located at 6120 S Yale Ave #805, Tulsa.

  • Where are NGL Energy Partners offices?

    NGL Energy Partners has an office in Tulsa.

  • How many offices does NGL Energy Partners have?

    NGL Energy Partners has 1 office.