Jump Financial LLC Has $316,000 Stock Holdings in NGL Energy Partners LP $NGL

Jump Financial LLC grew its stake in NGL Energy Partners LP (NYSE:NGL) by 213.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,500 shares of the oil and gas company’s stock after buying an additional 47,300 shares during the period. Jump Financial LLC owned 0.05% of NGL Energy Partners worth $316,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of NGL Energy Partners in the fourth quarter valued at about $55,000. Mercer Global Advisors Inc. ADV acquired a new stake in NGL Energy Partners during the fourth quarter worth approximately $61,000. Scissortail Wealth Management LLC acquired a new stake in NGL Energy Partners during the fourth quarter worth approximately $71,000. Susquehanna Fundamental Investments LLC acquired a new stake in NGL Energy Partners during the fourth quarter worth approximately $79,000. Finally, Cresset Asset Management LLC acquired a new stake in NGL Energy Partners during the fourth quarter worth approximately $109,000. Institutional investors and hedge funds own 40.62% of the company’s stock.

NGL Energy Partners Price Performance

NYSE NGL opened at $5.49 on Wednesday. The business has a 50 day simple moving average of $4.53 and a 200 day simple moving average of $4.13. NGL Energy Partners LP has a one year low of $2.64 and a one year high of $5.73. The stock has a market capitalization of $701.26 million, a P/E ratio of -13.38 and a beta of 0.41.

NGL Energy Partners (NYSE:NGL) last released its earnings results on Thursday, August 7th. The oil and gas company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.16). NGL Energy Partners had a negative return on equity of 43.75% and a net margin of 2.19%.The business had revenue of $622.16 million for the quarter, compared to analyst estimates of $983.50 million. Equities analysts expect that NGL Energy Partners LP will post -0.22 earnings per share for the current year.

NGL Energy Partners Profile

NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water.