
NGL declares preferred unit distributions
- NGL Energy Partners (NYSE:NGL) declared quarterly distributions for its Class B, Class C and Class D preferred units.
- Class B Preferred Units will receive $0.7005 per unit and Class C Preferred Units will receive $0.6949 per unit.
- The distributions will be paid on October 15, 2026, to holders of record as of October 1, 2026.
NGL Energy Partners (NYSE:NGL) announced that its Board of Directors declared quarterly distributions for its Class B, Class C and Class D preferred units for the quarter ending September 30, 2026.
The declared distributions include $0.7005 per unit for the 11.208% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units and $0.6949 per unit for the 11.118% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units.
The company also declared a quarterly cash distribution of $8,810,832.22 for its Class D Preferred Units, with all distributions scheduled for payment on October 15, 2026, to holders of record on October 1, 2026.
NGL Energy Partners operates energy infrastructure assets focused on services including water solutions, crude oil logistics and transportation activities across North America.
The company’s preferred unit distributions are governed by the terms of its partnership agreement and include cumulative redeemable perpetual preferred unit structures.