John T. Raymond, Director at NGL Energy Partners LP (NGL), bought 300,000 shares at $16.98 ($5.1M) on 2026-08-25, disclosed to the SEC on 2026-08-26.
Director John T. Raymond purchased 300,000 shares for $5.09 million at $16.98, marking the largest insider purchase in the company's history. This significant accumulation suggests high conviction in the stock's near-term trajectory following a strong earnings turnaround.
NGL Energy Partners has surged 15.88% over the past 30 days and is currently trading 249.28% above its 52-week low of $5.01, though it remains 6.76% below its 52-week high of $18.78.
1) Q1 2027 earnings call on August 5, 2026, highlighted record produced-water disposal volumes and a $10 million boost to the full-year adjusted EBITDA outlook. 2) Q1 2026 results reported on August 15, 2026, showed earnings per share turning positive from a loss to $0.48. 3) The stock was added to the Zacks Rank #1 (Strong Buy) list on July 15, 2026.
The stock is currently trading at a forward P/E of 20.23, and the recent surge in share price may have already priced in significant upside, potentially limiting further gains.
Something here stands out, but not much.
| Filing → |
| NGL | SELL | 2019-06-05 | $5.3M | — | Filing → |
| PAGP | SELL | 2019-05-28 | $338.6M | — | Filing → |
| PAA | SELL | 2019-05-28 | $377.9M | — | Filing → |