15.03 0.00 (0.00%)
After hours: 4:19PM EDT
|Bid||15.02 x 800|
|Ask||15.04 x 800|
|Day's Range||14.84 - 15.10|
|52 Week Range||8.71 - 15.10|
|Beta (3Y Monthly)||1.68|
|PE Ratio (TTM)||5.84|
|Earnings Date||May 28, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||1.56 (11.12%)|
|1y Target Est||15.57|
Energy Update for the Week Ending May 17(Continued from Prior Part)Energy stocksIn the week ending May 17, midstream stock NGL Energy Partners (NGL) rose the most among the stocks in the energy space. The stock is included in the following ETFs:the
NGL Energy Partners LP (NGL) closed at $13.88 in the latest trading session, marking a +0.43% move from the prior day.
NGL Energy Partners LP (NGL) (the “Partnership” or “NGL”) announced today that it has redeemed all 12,473,191 of the remaining issued and outstanding 10.75% Class A Convertible Preferred Units (“Class A Preferred Units”) for a total redemption price of $13.2385 per unit, calculated as 110% of $12.035 per unit (the Class A Preferred Unit Price), or $165.1 million in total, plus all accrued but unpaid and accumulated distributions to, but not including, the redemption date of May 11, 2019. The redemption was funded through borrowings on the Partnership’s revolving credit facility, resulting in expected annualized cost of capital savings based on current borrowing rates of approximately $9 million.
NGL Energy Partners LP (NGL) closed at $13.63 in the latest trading session, marking a -1.73% move from the prior day.
In the latest trading session, NGL Energy Partners LP (NGL) closed at $14.26, marking a -1.79% move from the previous day.
Looking for high yields? You can find them in the midstream sector -- but many aren't worth the risk. Here are two that are.
NGL Energy Partners LP (NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended March 31, 2019. This cash distribution is payable on May 15, 2019 to common unitholders of record at the close of business on May 7, 2019. Additionally, the Board of Directors declared a distribution for the quarter ended March 31, 2019 to be paid to the holders of the Class A Preferred Units according to the terms outlined in the Partnership Agreement.
Five MLPs with Strong Total Return Potential(Continued from Prior Part)EQM Midstream Partners So far, EQM Midstream Partners (EQM) has risen ~6% in 2019. Analysts seem cautious about the stock. Analysts have given EQM Midstream a target price of
Enterprise's (EPD) strong presence in North America's midstream energy businesses backs the partnership's consistent returns to limited partners.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Murphy USA's (MUR) unique high volume low-cost business model helps it maintain profitability in the fiercely competitive retail environment.
NGL Energy Partners LP (NGL) and its wholly owned subsidiary NGL Energy Finance Corp. today announced that they have priced a private offering of $450 million aggregate principal amount of 7.500% senior notes due 2026. NGL expects to use the net proceeds of this offering to repay indebtedness under its revolving credit facility, which NGL may reborrow from time to time in the future for general partnership purposes. NGL expects this private offering to close on April 9, 2019, subject to the satisfaction of customary closing conditions.
In the latest trading session, NGL Energy Partners LP (NGL) closed at $14.19, marking a +1.87% move from the previous day.
Where Cheniere Energy Stock Could Head from Here(Continued from Prior Part)Cheniere Energy Partners’ yieldCheniere Energy Partners (CQP), Cheniere Energy’s MLP subsidiary, is currently trading at a distribution yield of 5.6%, lower than its
Midstream Stocks Outperformed Broader Markets in Q1(Continued from Prior Part)Stocks that generated the highest returns NGL Energy Partners (NGL) generated total returns, including price appreciation and dividends, of ~50% in the first quarter. The
The note proceeds will be used to reduce outstanding borrowings under the partnership's revolving credit facility. The new 2026 notes will rank pari passu in right of payment with NGLEP's existing 2023 and 2025 senior unsecured notes, and therefore, were assigned the same ratings. The unsecured notes are rated B2, one notch below the B1 CFR because of the significant amount of secured debt in NGLEP's capital structure.
Curtailing investments in upstream activities has already slowed U.S. drilling activities and hence could continue to affect demand for fresh oilfield services of Baker Hughes (BHGE) in North America.
NGL Energy Partners LP (NGL) and its wholly owned subsidiary NGL Energy Finance Corp. today announced that they intend to offer, subject to market and other conditions, $450 million in aggregate principal amount of senior notes due 2026. NGL expects to use the net proceeds from this offering to repay indebtedness under its revolving credit facility, which NGL may reborrow from time to time in the future for general partnership purposes. The notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons, other than U.S. persons, outside of the United States pursuant to Regulation S under the Securities Act.
With the sale of bulk of its North Sea assets, ConocoPhillips (COP) is reportedly trying to divert focus to prolific shale plays in the United States.