NGL Energy Partners LP NGL
$16.81 $0.24 (1.41%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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NGL Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, NGL Energy Partners LP is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
NGL Energy Partners LP. Stock Analysis NGL
United States Energy Mid Cap NGL Energy Partners LP is an energy partnership that transports, treats, recycles, and disposes of produced water generated as part of the energy production process. The company is headquartered in Tulsa, Oklahoma and currently employs 569 full-time employees. The company went IPO on 2011-05-12. The company operates an integrated network of large-diameter wastewater pipelines, disposal wells and produced water handling systems in the Delaware Basin. The company also operates wastewater disposal in the Eagle Ford and DJ Basins. In addition, it markets and provides other logistics services for crude oil, through its ownership of the Grand Mesa Pipeline System, Cushing terminal and other Gulf Coast terminals. Its Water Solutions segment transports, treats, recycles and disposes of produced and flowback water generated from crude oil and natural gas production. Its Crude Oil Logistics segment purchases crude oil from producers and marketers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities and other trade hubs, and provides storage, terminaling and transportation services. Its Liquids Logistics segment conducts supply operations for natural gas liquids.
NGL Energy Partners LP (NGL) Chart
Financial Metrics & Statements of NGL Energy Partners LP (NGL)
FAQ's for NGL Energy Partners LP (NGL)
- As of August 2026, NGL Energy Partners LP NGL is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes NGL Energy Partners LP using these criteria to determine its compliance status.
- Muslim investors may consider investing in NGL Energy Partners LP if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of NGL Energy Partners LP by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of NGL Energy Partners LP may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of NGL Energy Partners LP on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for NGL Energy Partners LP (NGL)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
