NGL Energy Partners LP Experiences Revision in Its Stock Evaluation Amid Market Performance Insights

NGL Energy Partners LP, a microcap player in the oil industry, has recently undergone a valuation adjustment. The company currently exhibits a P/E ratio of 9, alongside a price-to-book value of 0.69. Its EV to EBIT stands at 9.92, while the EV to EBITDA is recorded at 5.74. Additionally, the EV to sales ratio is 0.66, and the PEG ratio is notably low at 0.05. The latest return on capital employed (ROCE) is 9.47%, with a return on equity (ROE) of 7.88%.
In terms of market performance, NGL Energy Partners LP has shown a year-to-date return of 21.04%, significantly outperforming the S&P 500's 13.30% during the same period. Over the past year, the company has achieved a return of 40.47%, again surpassing the S&P 500's 14.08%. However, in the short term, the stock has faced challenges, with a weekly return of -1.15% and a monthly return of -8.35%.

When compared to its peers, NGL Energy Partners LP's valuation metrics indicate a competitive position, although it is essential to consider the broader industry context for a comprehensive understanding of its market standing.