NextNRG (NASDAQ:NXXT) versus NGL Energy Partners (NYSE:NGL) Financial Analysis

NGL Energy Partners (NYSE:NGL – Get Free Report) and NextNRG (NASDAQ:NXXT – Get Free Report) are both small-cap energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, profitability, risk, analyst recommendations, institutional ownership, dividends and earnings.

Institutional and Insider Ownership

40.6% of NGL Energy Partners shares are owned by institutional investors. Comparatively, 10.6% of NextNRG shares are owned by institutional investors. 7.3% of NGL Energy Partners shares are owned by insiders. Comparatively, 53.7% of NextNRG shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares NGL Energy Partners and NextNRG’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
NGL Energy Partners -3.76% -39.51% 3.90%
NextNRG -62.97% N/A -431.08%

Volatility and Risk

NGL Energy Partners has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500. Comparatively, NextNRG has a beta of 0.12, indicating that its stock price is 88% less volatile than the S&P 500.

Valuation & Earnings

This table compares NGL Energy Partners and NextNRG”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
NGL Energy Partners $3.16 billion 0.60 -$142.29 million ($2.84) -5.38
NextNRG $81.83 million 0.13 -$85.74 million ($4.40) -0.14

NextNRG has lower revenue, but higher earnings than NGL Energy Partners. NGL Energy Partners is trading at a lower price-to-earnings ratio than NextNRG, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for NGL Energy Partners and NextNRG, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NGL Energy Partners 1 1 0 0 1.50
NextNRG 1 1 1 0 2.00

NextNRG has a consensus target price of $15.00, indicating a potential upside of 2,323.26%. Given NextNRG’s stronger consensus rating and higher probable upside, analysts plainly believe NextNRG is more favorable than NGL Energy Partners.

About NGL Energy Partners

(Get Free Report)

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. The Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and transportation services through pipelines. The Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 24 terminals, third-party storage and terminal facilities, and nine common carrier pipelines, as well as through fleet of leased railcars. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.

About NextNRG

(Get Free Report)

NextNRG, Inc. engages in the provision of fuel delivery services. It provides app-based interface customers with the ability to select the time and location of their fueling. It offers diesel, red diesel, and REC-90. The company was founded by Yehuda Levy and Michael D. Farkas on March 28, 2019 and is headquartered in Miami, FL.

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