{"id":827708,"date":"2025-03-19T16:34:08","date_gmt":"2025-03-19T20:34:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ngl-energy-partners-lp-announces-quarterly-cash-distribution-for-the-class-b-class-c-and-class-d-preferred-units-2\/"},"modified":"2025-03-19T16:34:08","modified_gmt":"2025-03-19T20:34:08","slug":"ngl-energy-partners-lp-announces-quarterly-cash-distribution-for-the-class-b-class-c-and-class-d-preferred-units-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ngl-energy-partners-lp-announces-quarterly-cash-distribution-for-the-class-b-class-c-and-class-d-preferred-units-2\/","title":{"rendered":"NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units"},"content":{"rendered":"

<\/p>\n

NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units<\/b><\/p>\n

TULSA, Okla.–(BUSINESS WIRE<\/a>)–
\nNGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending March 31, 2025 to be paid to the holders of the Partnership\u2019s 11.803% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units (\u201cClass B Preferred Units\u201d) and the 11.713% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units (\u201cClass C Preferred Units\u201d) in accordance with the terms outlined in NGL\u2019s partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7377 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7320 per unit on April 15, 2025, to holders of record on April 1, 2025.\n<\/p>\n

\nAdditionally, the Board of Directors declared a quarterly cash distribution for the Class D Preferred Units in the amount of $19,243,349.94 for the quarter ending March 31, 2025. The Class D Preferred distribution will also be made on April 15, 2025, to the holders of record on April 1, 2025.\n<\/p>\n

Forward-Looking Statements<\/i><\/b><\/p>\n

\nCertain matters contained in this press release include \u201cforward-looking statements.\u201d All statements, other than statements of historical fact, included in this press release may constitute forwarding-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will prove correct. These forward-looking statements are subject to certain known and unknown risks and uncertainties, as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. Factors that might cause actual results to differ include, but are not limited to, the risk factors discussed from time to time in each of our documents and reports filed with the SEC.\n<\/p>\n

\nReaders are cautioned not to place undue reliance on any forward-looking statements contained in this press release, which reflect management\u2019s opinions only as of the date hereof. Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements.\n<\/p>\n

About NGL Energy Partners LP<\/b><\/p>\n

\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.\n<\/p>\n

\nFor further information, visit the Partnership\u2019s website at www.nglenergypartners.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250318398169\/en\/<\/a><\/span><\/p>\n

Investor Contact:
\n<\/b>
NGL Energy Partners LP
\n
David Sullivan, 918-495-4631
\n
Vice President – Finance
\n
David.Sullivan@nglep.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Oklahoma<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Energy Transport Logistics\/Supply Chain Management Oil\/Gas Energy Other Transport<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units TULSA, Okla.–(BUSINESS WIRE)– NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending March 31, 2025 to be paid to the holders of the Partnership\u2019s 11.803% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units (\u201cClass B Preferred Units\u201d) and the 11.713% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units (\u201cClass C Preferred Units\u201d) in accordance with the terms outlined in NGL\u2019s partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7377 and each of the Class C Preferred Units … <\/p>\n

Continue reading “NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units”<\/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-827708","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units - 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-lp-announces-quarterly-cash-distribution-for-the-class-b-class-c-and-class-d-preferred-units-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units TULSA, Okla.–(BUSINESS WIRE)– NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending March 31, 2025 to be paid to the holders of the Partnership\u2019s 11.803% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units (\u201cClass B Preferred Units\u201d) and the 11.713% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units (\u201cClass C Preferred Units\u201d) in accordance with the terms outlined in NGL\u2019s partnership agreement. 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