NGL Energy Partners LP (NGL) Earnings

5.82 ↑0.07 (1.13%)
As of March 28, 2024, 1:06pm EST.
Last earnings report date: 2022-02-08Next earnings report date: N/A

Should You Buy NGL Before Earnings?

Based on the last three years of earnings reports, buying NGL stock within four weeks before its earnings date yielded an average return of 9.37%.

The best time to buy before earnings was 28 days before, which yielded an average return of 13.16% by the earnings date. The worst time was 1 day before, which yielded an average return of 2.73%.

Report dates analyzed: Jun 3 2021 - Feb 7 2024*

Disclaimer: Past performances is not a guarantee of future results.

Should You Buy NGL After Earnings?

Based on the last three years of earnings reports, on average, NGL has gone down -0.82% shortly after its earnings date. The stock bottoms around 14 days after earnings, where it is on average -4.11% lower than its closing price on the day of earnings.

Since NGL has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.

Report dates analyzed: Jun 3 2021 - Feb 7 2024*

Disclaimer: Past performances is not a guarantee of future results.

Average Gains

The average return if you bought NGL Energy Partners LP before its earnings report and sold at close on its earnings day.

Period28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of
Past 4 Earnings
13.12%

13.28%

10.29%

3.42%

0.99%

0.02%
Past 8 Earnings
13.60%

12.85%

9.71%

3.86%

1.59%

1.14%
Past 12 Earnings
13.16%

12.20%

11.74%

7.01%

2.73%

2.39%

NGL Earnings History

Report Date28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of1 Day After7 Days After14 Days After21 Days After28 Days After
2024-02-075.45
9.36%
5.00
19.20%
5.27
13.09%
5.81
2.58%
5.76
3.47%
5.96
2.76%
5.77
-3.19%
N/AN/AN/AN/A
2023-11-073.97
5.04%
4.12
1.21%
4.08
2.21%
4.21
-0.95%
4.26
-2.11%
4.17
0.00%
4.15
-0.48%
3.90
-6.48%
4.11
-1.44%
4.00
-4.08%
4.28
2.64%
2023-08-073.89
11.83%
3.85
12.99%
3.87
12.40%
4.30
1.16%
4.17
4.32%
4.35
3.57%
4.32
-0.69%
4.01
-7.82%
3.82
-12.18%
3.80
-12.64%
3.85
-11.49%
2023-06-052.74
26.28%
2.89
19.72%
3.05
13.44%
3.12
10.90%
3.52
-1.71%
3.46
-6.23%
3.55
2.60%
3.63
4.91%
4.18
20.81%
3.97
14.74%
3.99
15.32%
2023-02-071.34
25.37%
1.47
14.29%
1.66
1.21%
1.63
3.07%
1.71
-1.75%
1.68
0.00%
1.63
-2.98%
2.75
63.69%
2.54
51.19%
3.44
104.76%
3.84
128.57%
2022-11-071.29
12.40%
1.29
12.40%
1.27
14.17%
1.37
5.84%
1.44
0.69%
1.45
2.11%
1.55
6.90%
1.28
-11.72%
1.28
-11.72%
1.24
-14.48%
1.13
-22.07%
2022-08-081.40
20.00%
1.44
16.67%
1.41
19.15%
1.63
3.07%
1.65
1.82%
1.68
0.60%
1.72
2.38%
1.70
1.19%
1.62
-3.57%
1.62
-3.57%
1.50
-10.71%
2022-06-012.05
-1.46%
1.90
6.32%
1.98
2.02%
1.92
5.21%
1.87
8.02%
2.02
6.32%
2.05
1.49%
1.90
-5.94%
1.69
-16.34%
1.60
-20.79%
1.47
-27.23%
2022-02-072.18
23.85%
2.21
22.17%
2.09
29.19%
2.20
22.73%
2.66
1.50%
N/A2.48
2.91%
2.26
-6.22%
2.07
-14.11%
2.16
-10.37%
2.41
0.00%
2021-11-082.44
0.41%
2.78
-11.87%
2.39
2.51%
2.35
4.26%
2.29
6.99%
2.45
6.52%
2.47
0.82%
2.27
-7.35%
2.13
-13.06%
2.02
-17.55%
2.12
-13.47%
2021-08-092.41
-22.82%
2.12
-12.26%
2.00
-7.00%
1.92
-3.13%
1.88
-1.06%
1.86
0.00%
1.71
-8.07%
1.48
-20.43%
1.48
-20.43%
1.77
-4.84%
1.78
-4.30%

Methodology

We analyzed the past three years of NGL's earnings reports to calculate the average change in price of the stock before and after earnings.

Before Earnings

For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of NGL on the day of the earnings report to calculate the return. The dates analyzed are:

  • 28 days prior (4 weeks)
  • 21 days prior (3 weeks)
  • 14 days prior (2 weeks)
  • 7 days prior (1 week)
  • 1 day prior

This simulates an individual purchasing NGL stock on one of those days and selling on the day of the earnings report.

After Earnings

For calculating the average gains if you bought NGL stock on the day of earnings, we looked at the closing price of NGL on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:

  • 1 day after
  • 7 days after (1 week)
  • 14 days after (2 weeks)
  • 21 days after (3 weeks)
  • 28 day after (4 weeks)

This simulates an individual purchasing NGL stock on the day of the earnings report and then selling on one of the dates following.

Day of

To calculate the gains on the day of earnings, we compared the opening price of NGL to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.

Discussions

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stockenthusiast

$NGL Buy it up so it crashes harder in the next two trading days

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glaglewd

$NGL I warned everyone this company sucks

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easymoneyFAM

$NGL I don't know shit
but I know I'm holdin till I at least triple up

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