NGL Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of NGL, the DDM model, as implemented by StockNews, implies a positive return of 276.56% relative to its current price. To help understand and contextualize the model's evaluation of NGL, investors may wish to consider are:

• Relative to all dividend yielding stocks in our set, NGL Energy Partners LP produces a dividend yield 15.04% -- which falls in the top 0.659999999999997%.
• A stock's beta generally indicates its volatility relative to the broader equity market; as for NGL, approximately merely 1.93% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

NGL Dividends vs. Peers