NGL - NGL Energy Partners LP
NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water.
As of May 29, 2026: spot at $16.60, ATM IV 59.9%, max pain $9.00, net GEX $132.0K.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Market Cap
- $2.08B
- P/E Ratio
- 13.20
- Beta
- 0.58
- 52-Week Range
- 3.1-18.8
- CEO
- H. Michael Krimbill
- Employees
- 607
- IPO Date
- May 16, 2011
- Exchange
- NYSE
What NGL Looks Like to Options Traders Today
IV rank of 47.1% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($132.0K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.123) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The NGL overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked NGL overview questions
- What is NGL?
- NGL is the ticker symbol for NGL Energy Partners LP, a listed security. NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. Listed on NYSE. NGL is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the NGL options snapshot look like today?
- As of May 29, 2026, the NGL options snapshot shows spot at $16.60, ATM IV 59.9%, IV rank 47.1%, max pain $9.00, net GEX $132.0K, expected move 17.17%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are NGL's key statistics?
- NGL Energy Partners LP (NGL) carries a market capitalization of $2.08B, trailing P/E ratio of 13.20, beta of 0.58 relative to the broader market, 52-week range of 3.1-18.8. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does NGL belong to?
- NGL Energy Partners LP operates in the Energy sector, in the Oil & Gas Midstream industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare NGL's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the NGL data on this page?
- The options snapshot above is dated May 29, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).