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Stock impact report

NGL Energy Partners LP Announces the Payment of All Outstanding Distribution Arrearages for Class B, Class C and Class D Preferred Units as of Payment Date April 25, 2024

NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL) 
Last ngl energy partners lp common units representing limited partner interests earnings: 2/6 06:30 am Check Earnings Report
US:NYSE Investor Relations: nglenergypartners.com/investor-relations
Company Research Source: Business Wire
TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner approved distributions to fully pay the remaining distribution arrearage on the Class B, Class C and Class D Preferred Units. The arrearage payment will be made to the holders of the Partnership’s 12.544% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement.Each of the Class B Preferred Units will receive $2.475 to fully pay all outstanding distribution arrearages and interest as of April 25, 2024, which includes the distribution earned in the quarter ending March 31, 2024. The distribution will be paid on April 25, 2024, to the holders of record at the close of trading on April 19, 2024.Each of the Class C Pr Show less Read more
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