NGL (NGL Energy Partners LP) Book Value per Share: $-0.22 (As of Mar. 2026)

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NGL NGL Energy Partners LP NGL
41 GF Score
Price $15.30
GF Value $4.39
Valuation Significantly Overvalued
! 6 Warning Signs
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What is NGL Energy Partners LP Book Value per Share?

NGL Energy Partners LP NGL -0.39% 41 Book Value per Share is $-0.22 as of Mar. 2026. GuruFocus rates NGL with a GF Score™ of 41/100 and a GF Value™ of $4.39 (Significantly Overvalued). The stock has 6 warning signs investors should review.

NGL Energy Partners LP's book value per share for the quarter that ended in Mar. 2026 was $-0.22.

During the past 12 months, NGL Energy Partners LP's average Book Value Per Share Growth Rate was -104.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NGL Energy Partners LP was 80.30% per year. The lowest was -20.50% per year. And the median was -1.95% per year.

NGL Energy Partners LP's current price is $15.30. Its book value per share for the quarter that ended in Mar. 2026 was $-0.22. Hence, today's PB Ratio of NGL Energy Partners LP is .

During the past 13 years, the highest P/B Ratio of NGL Energy Partners LP was 3.32. The lowest was 0.12. And the median was 0.67.


NGL Energy Partners LP  (NYSE:NGL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


NGL Energy Partners LP Book Value per Share Related Terms


NGL Energy Partners LP Book Value per Share Historical Data

* Premium members only.

The historical data trend for NGL Energy Partners LP's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NGL Energy Partners LP Book Value per Share Chart

NGL Energy Partners LP Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 9.87 7.40 5.12 -0.22

NGL Energy Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.12 4.68 4.70 4.60 -0.22

NGL vs GEL, TNK, FLNG: Book Value per Share Comparison

For the Oil & Gas Midstream subindustry, NGL Energy Partners LP's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NGL Energy Partners LP PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NGL Energy Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where NGL Energy Partners LP's PB Ratio falls into.


NGL
41GF Score
NGL Energy Partners LP NGL
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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NGL Energy Partners LP Book Value per Share Calculation

NGL Energy Partners LP's Book Value Per Share for the fiscal year that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-27-0)/124
=-0.22

NGL Energy Partners LP's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-27-0)/124
=-0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $-0.22 mean?
NGL Energy Partners LP (NGL) has a Book Value per Share of $-0.22 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on NGL Energy Partners LP and its competitors.
Is NGL Energy Partners LP's Book Value per Share too high?
NGL Energy Partners LP's current Book Value per Share is $-0.22. Overall, NGL Energy Partners LP has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NGL Energy Partners LP's Book Value per Share compare to GEL and TNK?
NGL Energy Partners LP's Book Value per Share of $-0.22 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on NGL Energy Partners LP and its competitors. NGL Energy Partners LP's current Book Value per Share is $-0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGL Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, NGL Energy Partners LP (NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.39, compared to a current price of $15.30 — trading 248.5% above its estimated fair value. The current Book Value per Share is $-0.22. NGL Energy Partners LP's overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For NGL Energy Partners LP (NGL), the current Book Value per Share is $-0.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NGL Energy Partners LP (NGL) Overvalued in 2026?

Based on GuruFocus' analysis, NGL Energy Partners LP stock appears to be overvalued. The current stock price of $15.30 is trading 248.5% above its estimated GF Value™ of $4.39. GuruFocus considers NGL Energy Partners LP to be Significantly Overvalued.

Key valuation signals for NGL:

  • Book Value per Share: $-0.22
  • GF Value™: $4.39 vs. price of $15.30 (248.5% above fair value)
  • GF Score™: 41/100 with 6 warning signs

No single metric tells the full story. See the NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NGL Energy Partners LP Business Description

Industry EnergyOil & Gas
Other Exchanges NGLpC.PFD:USANGLpB.PFD:USA
Address 6120 South Yale Avenue, Suite 1300, Tulsa, OK, USA, 74136
NGL Energy Partners LP is a USA-based firm that owns and operates a vertically integrated energy business. The company's operating segments include Crude Oil Logistics, Water Solutions, and Liquids Logistics. It operates crude oil Logistics, owns pipeline injection stations, and offers services for the treatment and disposal of wastewater generated from crude oil and natural gas production, as well as for the disposal of solids, such as tank bottoms and drilling fluids. The firm also supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants and sells propane and distillates.
41GF Score

Get the complete analysis for NGL

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.30
Price
$4.39
GF Value