{"id":418239,"date":"2021-01-20T17:40:24","date_gmt":"2021-01-20T22:40:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=418239"},"modified":"2021-01-20T17:40:24","modified_gmt":"2021-01-20T22:40:24","slug":"ngl-energy-partners-announces-quarterly-class-d-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ngl-energy-partners-announces-quarterly-class-d-distribution\/","title":{"rendered":"NGL Energy Partners Announces Quarterly Class D Distribution"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>NGL Energy Partners Announces Quarterly Class D Distribution<\/b><\/p>\n<p>TULSA, Okla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution in the required amount of $15.6 million, which amount represents the Class D Distribution Amount to be paid to the holders of the Class D Preferred Units for the quarter ended December 31, 2020. The Class D Preferred distribution will be made on<span class=\"bwuline\" \/>February 12, 2021.\n<\/p>\n<p><b><i>Forward-Looking Statements<\/i><\/b><\/p>\n<p>\nThis press release includes \u201cforward-looking statements.\u201d All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a number of risks and uncertainties. While NGL believes such forward-looking statements are reasonable, NGL cannot assure they will prove to be correct. The forward-looking statements involve risks and uncertainties that affect operations, financial performance, and other factors as discussed in filings with the Securities and Exchange Commission. Other factors that could impact any forward-looking statements are those risks described in NGL\u2019s annual report on Form 10-K, quarterly reports on Form 10-Q, and other public filings. You are urged to carefully review and consider the cautionary statements and other disclosures made in those filings, specifically those under the heading \u201cRisk Factors.\u201d NGL undertakes no obligation to publicly update or revise any forward-looking statements except as required by law.\n<\/p>\n<p><b>About NGL Energy Partners LP<\/b><\/p>\n<p>\nNGL Energy Partners LP, a Delaware limited partnership is a diversified midstream energy company that transports, stores, markets and provides other logistics services for crude oil, natural gas liquids and other products and transports, treats and disposes of produced water generated as part of the oil and natural gas production process. For further information, visit the Partnership\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nglenergypartners.com&amp;esheet=52365059&amp;newsitemid=20210120005750&amp;lan=en-US&amp;anchor=www.nglenergypartners.com&amp;index=1&amp;md5=09cdece3fd3b926eaf8e6d4f0b96f7e3\">www.nglenergypartners.com<\/a>.\n<\/p>\n<p><i>This release is a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100% of NGL Energy Partner LP\u2019s distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Therefore, distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210120005750r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210120005750\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210120005750\/en\/<\/a><\/span><\/p>\n<p>\nNGL Energy Partners LP<br \/>\n<br \/>Trey Karlovich, 918.481.1119<br \/>\n<br \/>Executive Vice President and Chief Financial Officer<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Trey.Karlovich@nglep.com\">Trey.Karlovich@nglep.com<br \/>\n<\/a><br \/>or<br \/>\n<br \/>Linda Bridges, 918.481.1119<br \/>\n<br \/>Senior Vice President \u2013 Finance and Treasurer<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Linda.Bridges@nglep.com\">Linda.Bridges@nglep.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Oklahoma<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy Logistics\/Supply Chain Management Transport Other Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210120005750\/en\/274573\/3\/NGLEP_Blue_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>NGL Energy Partners Announces Quarterly Class D Distribution TULSA, Okla.&#8211;(BUSINESS WIRE)&#8211; NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution in the required amount of $15.6 million, which amount represents the Class D Distribution Amount to be paid to the holders of the Class D Preferred Units for the quarter ended December 31, 2020. The Class D Preferred distribution will be made onFebruary 12, 2021. Forward-Looking Statements This press release includes \u201cforward-looking statements.\u201d All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ngl-energy-partners-announces-quarterly-class-d-distribution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NGL Energy Partners Announces Quarterly Class D Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-418239","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NGL Energy Partners Announces Quarterly Class D Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ngl-energy-partners-announces-quarterly-class-d-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NGL Energy Partners Announces Quarterly Class D Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NGL Energy Partners Announces Quarterly Class D Distribution TULSA, Okla.&#8211;(BUSINESS WIRE)&#8211; NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution in the required amount of $15.6 million, which amount represents the Class D Distribution Amount to be paid to the holders of the Class D Preferred Units for the quarter ended December 31, 2020. The Class D Preferred distribution will be made onFebruary 12, 2021. Forward-Looking Statements This press release includes \u201cforward-looking statements.\u201d All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. 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