Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NGL Energy Partners LPNGL +1.22%52 Intrinsic Value: Projected FCF is $10.79 as of Sep. 17, 2026. GuruFocus rates NGL with a GF Score™ of 52/100 and a GF Value™ of $5.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 634 Oil & Gas companies, NGL Energy Partners LP ranks worse than 73.97% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for NGL Energy Partners LP's Intrinsic Value: Projected FCF or its related term are showing as below:
NGL'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.18 Med: 0.55 Max: 1.63
Current: 1.53
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of NGL Energy Partners LP was 1.63. The lowest was 0.18. And the median was 0.55.
NGL's Price-to-Projected-FCF is ranked worse than 73.97% of 634
companies
in the Oil & Gas industry
Industry Median: 0.87
vs NGL: 1.53
NGL Energy Partners LP (NYSE:NGL) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
NGL Energy Partners LP's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
16.53
/
10.838307268582
=
1.53
* 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 Intrinsic Value: Projected FCF Related Terms
NGL Energy Partners LP Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for NGL Energy Partners LP's Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF Chart
NGL vs LPG, GEL, GLP: Intrinsic Value: Projected FCF Comparison
For the Oil & Gas Midstream subindustry, NGL Energy Partners LP's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NGL Energy Partners LP's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where NGL Energy Partners LP's Price-to-Projected-FCF falls into.
NGL Energy Partners LP Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $10.79 mean?
NGL Energy Partners LP (NGL) has a Intrinsic Value: Projected FCF of $10.79 as of Sep. 17, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on NGL Energy Partners LP and its competitors. According to the industry distribution chart, NGL Energy Partners LP ranks #469 out of 634 companies in the Oil & Gas industry, placing it in the top 74%.
Is NGL Energy Partners LP's Intrinsic Value: Projected FCF too high?
NGL Energy Partners LP's current Intrinsic Value: Projected FCF is $10.79. The Oil & Gas industry median Intrinsic Value: Projected FCF is 0.87. NGL Energy Partners LP's value of $10.79 is 1140.2% above this industry median. Based on the distribution chart, NGL Energy Partners LP ranks #469 out of 634 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NGL Energy Partners LP has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NGL Energy Partners LP's Intrinsic Value: Projected FCF compare to LPG and GEL?
According to the Oil & Gas industry distribution chart, NGL Energy Partners LP ranks #469 out of 634 companies for Intrinsic Value: Projected FCF. This places NGL Energy Partners LP in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.87. NGL Energy Partners LP's value of $10.79 is 1140.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Oil & Gas company?
The median Intrinsic Value: Projected FCF among Oil & Gas companies is 0.87, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NGL Energy Partners LP's current Intrinsic Value: Projected FCF of $10.79 is 1140.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on NGL Energy Partners LP and its competitors. For the Oil & Gas industry, the median Intrinsic Value: Projected FCF is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NGL Energy Partners LP's current Intrinsic Value: Projected FCF is $10.79. 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 $5.63, compared to a current price of $16.53 — trading 193.6% above its estimated fair value. The current Intrinsic Value: Projected FCF is $10.79 and 1140.2% above the Oil & Gas industry median of 0.87. NGL Energy Partners LP's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For NGL Energy Partners LP (NGL), the current Intrinsic Value: Projected FCF is $10.79 as of Sep. 17, 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 $16.53 is trading 193.6% above its estimated GF Value™ of $5.63.
GuruFocus considers NGL Energy Partners LP to be Significantly Overvalued.
Key valuation signals for NGL:
Intrinsic Value: Projected FCF: $10.79
GF Value™: $5.63 vs. price of $16.53 (193.6% above fair value)
Industry Position: 1140.2% above the Oil & Gas median (#469 of 634)
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 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.
52GF Score
Get the complete analysis for NGL
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGL has been successfully added to your 
