Investing in NGL Energy Partners LP (NGL) Is Getting More Attractive

NGL Energy Partners LP’s recent filing unveils that its Chief Executive Officer KRIMBILL H MICHAEL acquired Company’s shares for reported $0.22 million on Feb 14 ’25. In the deal valued at $4.80 per share,45,000 shares were bought. As a result of this transaction, KRIMBILL H MICHAEL now holds 648,000 shares worth roughly $3.04 million.

Then, KRIMBILL H MICHAEL bought 25,983 shares, generating $112,325 in total proceeds. Upon buying the shares at $4.32, the Chief Executive Officer now owns 2,964,598 shares.

Before that, KRIMBILL H MICHAEL bought 15,000 shares. NGL Energy Partners LP shares valued at $67,406 were divested by the Chief Executive Officer at a price of $4.49 per share. As a result of the transaction, KRIMBILL H MICHAEL now holds 603,000 shares, worth roughly $2.83 million.

UBS upgraded its NGL Energy Partners LP [NGL] rating to a Neutral from a a Sell in a research note published on February 18, 2021; the price target was increased to $3 from $2. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in mid October from “a Neutral” to “a Sell”. Wells Fargo also remained covering NGL and has decreased its forecast on July 22, 2020 with a “an Underweight” recommendation from previously “an Equal weight” rating. Credit Suisse revised its rating on April 02, 2020. It rated NGL as “an Underperform” which previously was an “a Neutral”.

Price Performance Review of NGL

On Tuesday, NGL Energy Partners LP [NYSE:NGL] saw its stock jump 5.87% to $4.69. Over the last five days, the stock has gained 16.67%. NGL Energy Partners LP shares have fallen nearly -6.01% since the year began. Nevertheless, the stocks have fallen -5.25% over the past one year. While a 52-week high of $5.73 was reached on 02/10/25, a 52-week low of $2.64 was recorded on 04/16/25.

Levels Of Support And Resistance For NGL Stock

The 24-hour chart illustrates a support level at 4.51, which if violated will result in even more drops to 4.34. On the upside, there is a resistance level at 4.78. A further resistance level may holdings at 4.88.

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