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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.03
NGLS's Cash to Debt is ranked lower than
72% of the 67 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.11 vs. NGLS: 0.03 )
Ranked among companies with meaningful Cash to Debt only.
NGLS' s Cash to Debt Range Over the Past 10 Years
Min: 0.01  Med: 0.05 Max: No Debt
Current: 0.03
Equity to Asset 0.54
NGLS's Equity to Asset is ranked higher than
79% of the 73 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.39 vs. NGLS: 0.54 )
Ranked among companies with meaningful Equity to Asset only.
NGLS' s Equity to Asset Range Over the Past 10 Years
Min: 0.17  Med: 0.38 Max: 0.69
Current: 0.54
0.17
0.69
F-Score: 5
Z-Score: 0.68
M-Score: -3.08
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) -0.72
NGLS's Operating margin (%) is ranked lower than
81% of the 73 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 15.55 vs. NGLS: -0.72 )
Ranked among companies with meaningful Operating margin (%) only.
NGLS' s Operating margin (%) Range Over the Past 10 Years
Min: -0.72  Med: 5.01 Max: 7.58
Current: -0.72
-0.72
7.58
Net-margin (%) -3.29
NGLS's Net-margin (%) is ranked lower than
74% of the 73 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.76 vs. NGLS: -3.29 )
Ranked among companies with meaningful Net-margin (%) only.
NGLS' s Net-margin (%) Range Over the Past 10 Years
Min: -3.29  Med: 2.21 Max: 5.43
Current: -3.29
-3.29
5.43
ROE (%) -4.70
NGLS's ROE (%) is ranked lower than
72% of the 76 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.36 vs. NGLS: -4.70 )
Ranked among companies with meaningful ROE (%) only.
NGLS' s ROE (%) Range Over the Past 10 Years
Min: -4.7  Med: 7.96 Max: 15.54
Current: -4.7
-4.7
15.54
ROA (%) -1.60
NGLS's ROA (%) is ranked lower than
73% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.83 vs. NGLS: -1.60 )
Ranked among companies with meaningful ROA (%) only.
NGLS' s ROA (%) Range Over the Past 10 Years
Min: -1.6  Med: 3.11 Max: 7.57
Current: -1.6
-1.6
7.57
ROC (Joel Greenblatt) (%) -0.47
NGLS's ROC (Joel Greenblatt) (%) is ranked lower than
78% of the 77 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.22 vs. NGLS: -0.47 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
NGLS' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -0.47  Med: 9.76 Max: 15.91
Current: -0.47
-0.47
15.91
Revenue Growth (3Y)(%) -3.70
NGLS's Revenue Growth (3Y)(%) is ranked higher than
62% of the 69 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -10.60 vs. NGLS: -3.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
NGLS' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: -10.6 Max: 16.8
Current: -3.7
0
16.8
EBITDA Growth (3Y)(%) 7.20
NGLS's EBITDA Growth (3Y)(%) is ranked higher than
61% of the 64 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -0.50 vs. NGLS: 7.20 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
NGLS' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 0.7 Max: 11.1
Current: 7.2
0
11.1
EPS Growth (3Y)(%) -100.00
NGLS's EPS Growth (3Y)(%) is ranked lower than
100% of the 51 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.30 vs. NGLS: -100.00 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
NGLS' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: -50 Max: 22.7
Current: -100
0
22.7
GuruFocus has detected 6 Warning Signs with Targa Resources Partners LP $NGLS.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» NGLS's 10-Y Financials

Financials (Next Earnings Date: 2017-02-24)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q2 2015

NGLS Guru Trades in Q2 2015

Leon Cooperman 2,331,268 sh (-40.88%)
Jim Simons 20,290 sh (-95.48%)
» More
Q3 2015

NGLS Guru Trades in Q3 2015

Jim Simons Sold Out
Leon Cooperman 1,050,232 sh (-54.95%)
» More
Q4 2015

NGLS Guru Trades in Q4 2015

Jim Simons 1,425,790 sh (New)
T Boone Pickens 251,957 sh (unchged)
Leon Cooperman 527,061 sh (-49.81%)
» More
Q1 2016

NGLS Guru Trades in Q1 2016

Jim Simons Sold Out
Leon Cooperman Sold Out
T Boone Pickens Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with NGLS

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Preferred stocks of Targa Resources Partners LP

SymbolPriceYieldDescription
NGLSPRA27.797.42Cum Red Perp Pfd Unit Series -A-

Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream    NAICS: 486210    SIC: 4922
Compare:OTCPK:GBNXF, NYSE:CEQP, NYSE:SMLP, NYSE:CPPL, NYSE:HEP, NYSE:NBLX, NYSE:CNNX, NYSE:EEQ, NYSE:RMP, NYSE:WNRL, NYSE:SEMG, NYSE:NSH, NYSE:FI, NYSE:DM, NYSE:GLOP, NYSE:PBFX, NYSE:TLP, OTCPK:EBGUF, NYSE:GLP, NAS:MMLP » details
Traded in other countries:ZVK.Germany,
Targa Resources Partners LP provides midstream natural gas and NGL services in the United States. The Company buys and sells natural gas, NGLs and NGL products, crude oil, condensate and refined products.

Targa Resources Partners LP is a publicly traded Delaware limited partnership formed in October 2006 by Targa Resources Corp. The Company owns, operates, acquires and develops a diversified portfolio of complementary midstream energy assets. It is a provider of midstream natural gas and NGL services in the United States, with a growing presence in crude oil gathering and petroleum terminaling. Its activities include gathering, compressing, treating, processing and selling natural gas, storing, fractionating, treating, transporting, terminaling and selling NGLs and NGL products, gathering, storing and terminaling crude oil, and storing, terminaling and selling refined petroleum products. To provide these services, it operates in two primary divisions Gathering and Processing, consisting of two reportable segments Field Gathering and Processing and Coastal Gathering and Processing, and Logistics and Marketing consisting of two reportable segments, Logistics Assets and Marketing and Distribution. The Company faces competition in acquiring new natural gas supplies. Competition for natural gas and crude oil supplies is based on the location of gathering and processing facilities, pricing arrangements, reputation, efficiency, flexibility, reliability and access to end-use markets or liquid marketing hubs. Its competitors include Atlas Gas Pipeline Company, Kinder Morgan Energy Partners, L.P., WTG Gas Processing, L.P., DCP Midstream Partners LP, Devon Energy Corp, Enbridge Inc, ONEOK - Rockies Midstream, L.L.C., GulfSouth Pipeline Company, LP, Hanlon Gas Processing, Ltd., J W Operating Company, Louisiana Intrastate Gas and several other interstate pipeline companies. Its competitors for crude oil gathering services in North Dakota include Arrow Midstream Holdings, LLC, Hiland Partners, LP, Great Northern Midstream LLC, Caliber Midstream Partners, LP and Bridger Pipeline LLC.

Ratios

vs
industry
vs
history
P/E(ttm) 532.50
NGLS's P/E(ttm) is ranked lower than
100% of the 53 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 26.35 vs. NGLS: 532.50 )
Ranked among companies with meaningful P/E(ttm) only.
NGLS' s P/E(ttm) Range Over the Past 10 Years
Min: 3.46  Med: 25.38 Max: 532.5
Current: 532.5
3.46
532.5
Forward P/E 44.64
NGLS's Forward P/E is ranked lower than
87% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 25.13 vs. NGLS: 44.64 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 532.50
NGLS's PE(NRI) is ranked lower than
100% of the 52 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 26.81 vs. NGLS: 532.50 )
Ranked among companies with meaningful PE(NRI) only.
NGLS' s PE(NRI) Range Over the Past 10 Years
Min: 3.34  Med: 28.09 Max: 683.75
Current: 532.5
3.34
683.75
P/B 0.28
NGLS's P/B is ranked higher than
96% of the 76 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.12 vs. NGLS: 0.28 )
Ranked among companies with meaningful P/B only.
NGLS' s P/B Range Over the Past 10 Years
Min: 0.28  Med: 2.25 Max: 3.84
Current: 0.28
0.28
3.84
P/S 0.31
NGLS's P/S is ranked higher than
92% of the 73 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.62 vs. NGLS: 0.31 )
Ranked among companies with meaningful P/S only.
NGLS' s P/S Range Over the Past 10 Years
Min: 0.07  Med: 0.47 Max: 1.04
Current: 0.31
0.07
1.04
PFCF 6.61
NGLS's PFCF is ranked higher than
85% of the 39 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 21.02 vs. NGLS: 6.61 )
Ranked among companies with meaningful PFCF only.
NGLS' s PFCF Range Over the Past 10 Years
Min: 1.28  Med: 6.98 Max: 121.44
Current: 6.61
1.28
121.44
POCF 2.15
NGLS's POCF is ranked higher than
97% of the 67 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 10.08 vs. NGLS: 2.15 )
Ranked among companies with meaningful POCF only.
NGLS' s POCF Range Over the Past 10 Years
Min: 1  Med: 5.94 Max: 14.02
Current: 2.15
1
14.02
EV-to-EBITDA 8.82
NGLS's EV-to-EBITDA is ranked higher than
94% of the 66 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 15.14 vs. NGLS: 8.82 )
Ranked among companies with meaningful EV-to-EBITDA only.
NGLS' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.8  Med: 9.1 Max: 16.5
Current: 8.82
2.8
16.5
Shiller P/E 8.97
NGLS's Shiller P/E is ranked higher than
93% of the 45 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 26.42 vs. NGLS: 8.97 )
Ranked among companies with meaningful Shiller P/E only.
NGLS' s Shiller P/E Range Over the Past 10 Years
Min: 8.97  Med: 30.88 Max: 37.51
Current: 8.97
8.97
37.51
Current Ratio 0.94
NGLS's Current Ratio is ranked higher than
50% of the 68 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.94 vs. NGLS: 0.94 )
Ranked among companies with meaningful Current Ratio only.
NGLS' s Current Ratio Range Over the Past 10 Years
Min: 0.19  Med: 1.1 Max: 2.89
Current: 0.94
0.19
2.89
Quick Ratio 0.78
NGLS's Quick Ratio is ranked lower than
56% of the 68 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.83 vs. NGLS: 0.78 )
Ranked among companies with meaningful Quick Ratio only.
NGLS' s Quick Ratio Range Over the Past 10 Years
Min: 0.19  Med: 0.95 Max: 2.89
Current: 0.78
0.19
2.89
Days Inventory 9.76
NGLS's Days Inventory is ranked higher than
73% of the 62 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 17.29 vs. NGLS: 9.76 )
Ranked among companies with meaningful Days Inventory only.
NGLS' s Days Inventory Range Over the Past 10 Years
Min: 0.11  Med: 4.68 Max: 11.61
Current: 9.76
0.11
11.61
Days Sales Outstanding 31.52
NGLS's Days Sales Outstanding is ranked higher than
65% of the 66 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 35.92 vs. NGLS: 31.52 )
Ranked among companies with meaningful Days Sales Outstanding only.
NGLS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.49  Med: 30.6 Max: 38.07
Current: 31.52
11.49
38.07
Days Payable 7.15
NGLS's Days Payable is ranked lower than
92% of the 52 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 45.44 vs. NGLS: 7.15 )
Ranked among companies with meaningful Days Payable only.
NGLS' s Days Payable Range Over the Past 10 Years
Min: 0.88  Med: 24.73 Max: 49.34
Current: 7.15
0.88
49.34

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 30.94
NGLS's Dividend Yield is ranked higher than
98% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.84 vs. NGLS: 30.94 )
Ranked among companies with meaningful Dividend Yield only.
NGLS' s Dividend Yield Range Over the Past 10 Years
Min: 0.49  Med: 6.35 Max: 30.94
Current: 30.94
0.49
30.94
Dividend Payout 4.93
NGLS's Dividend Payout is ranked lower than
88% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.00 vs. NGLS: 4.93 )
Ranked among companies with meaningful Dividend Payout only.
NGLS' s Dividend Payout Range Over the Past 10 Years
Min: 0.71  Med: 1.73 Max: 4.93
Current: 4.93
0.71
4.93
Dividend Growth (3y) -100.00
NGLS's Dividend Growth (3y) is ranked lower than
96% of the 53 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.10 vs. NGLS: -100.00 )
Ranked among companies with meaningful Dividend Growth (3y) only.
NGLS' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0  Med: -100 Max: 35.5
Current: -100
0
35.5
Forward Dividend Yield 30.99
NGLS's Forward Dividend Yield is ranked higher than
98% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.27 vs. NGLS: 30.99 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 30.94
NGLS's Yield on cost (5-Year) is ranked higher than
97% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.97 vs. NGLS: 30.94 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
NGLS' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.49  Med: 6.35 Max: 30.94
Current: 30.94
0.49
30.94
3-Year Average Share Buyback Ratio -22.70
NGLS's 3-Year Average Share Buyback Ratio is ranked lower than
77% of the 66 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -7.40 vs. NGLS: -22.70 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
NGLS' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -25.1  Med: -13.8 Max: 0
Current: -22.7
-25.1
0

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.40
NGLS's Price/Tangible Book is ranked higher than
94% of the 65 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.75 vs. NGLS: 0.40 )
Ranked among companies with meaningful Price/Tangible Book only.
NGLS' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.4  Med: 2.26 Max: 5.17
Current: 0.4
0.4
5.17
Price/Projected FCF 0.36
NGLS's Price/Projected FCF is ranked lower than
99.99% of the 43 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.64 vs. NGLS: 0.36 )
Ranked among companies with meaningful Price/Projected FCF only.
NGLS' s Price/Projected FCF Range Over the Past 10 Years
Min: 0  Med: 1.2 Max: 4.37
Current: 0.36
0
4.37
Price/Median PS Value 0.66
NGLS's Price/Median PS Value is ranked lower than
99.99% of the 62 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.27 vs. NGLS: 0.66 )
Ranked among companies with meaningful Price/Median PS Value only.
NGLS' s Price/Median PS Value Range Over the Past 10 Years
Min: 0  Med: 0.98 Max: 2.14
Current: 0.66
0
2.14
Price/Graham Number 3.09
NGLS's Price/Graham Number is ranked lower than
99.99% of the 33 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.30 vs. NGLS: 3.09 )
Ranked among companies with meaningful Price/Graham Number only.
NGLS' s Price/Graham Number Range Over the Past 10 Years
Min: 0  Med: 1.71 Max: 7.38
Current: 3.09
0
7.38
Earnings Yield (Greenblatt) (%) -0.70
NGLS's Earnings Yield (Greenblatt) (%) is ranked lower than
77% of the 79 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.50 vs. NGLS: -0.70 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
NGLS' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -0.7  Med: 6.5 Max: 17.4
Current: -0.7
-0.7
17.4
Forward Rate of Return (Yacktman) (%) -11.00
NGLS's Forward Rate of Return (Yacktman) (%) is ranked lower than
75% of the 56 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -3.52 vs. NGLS: -11.00 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
NGLS' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -11  Med: 8.45 Max: 21
Current: -11
-11
21

More Statistics

Revenue (TTM) (Mil) $6,326
EPS (TTM) $ 0.02
Short Percentage of Float2.25%
52-Week Range $8.91 - 47.71
Shares Outstanding (Mil)184.85

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 6,245 6,600 6,630
EPS ($) -0.38 -0.23 -0.38
EPS w/o NRI ($) -0.38 -0.23 -0.38
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($) 3.30 3.30 3.30
» More Articles for NGLS

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