NGL Energy Partners Q1 Sales $1.387B Miss $1.435B Estimate
Portfolio Pulse from Benzinga Newsdesk
NGL Energy Partners (NYSE:NGL) reported Q1 sales of $1.387 billion, missing the analyst consensus estimate of $1.435 billion by 3.37%. This represents a 14.17% decrease from the same period last year.
August 08, 2024 | 8:38 pm
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NGL Energy Partners reported Q1 sales of $1.387 billion, missing the analyst estimate of $1.435 billion by 3.37%. This is a 14.17% decrease from the same period last year, which may negatively impact investor sentiment and short-term stock price.
The miss on sales estimates and the significant year-over-year decrease in sales are likely to negatively impact investor sentiment and the short-term stock price of NGL Energy Partners.
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