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NGL Energy Partners Meets 80-Plus Relative Strength Rating Benchmark

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The Relative Strength ( RS ) Rating for NGL Energy Partners ( NGL ) entered a new percentile Thursday, with an increase from 74 to 81.

[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating as they launch their biggest runs.

See How IBD Helps You Make More Money In Stocks

While the stock is not near a proper buy point right now, see if it goes on to form and break out from a proper chart pattern.

The company posted -119% EPS growth in its most recent report. Revenue gains came in at 29%. Keep an eye out for the company's next round of numbers on or around Feb. 7.

The company holds the No. 18 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Valero Energy ( VLO ), Sasol ( SSL ) and CVR Refining ( CVRR ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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