NGL ENERGY PARTNERS LP
NGLNGL Energy Partners LP (NGL) is a diversified midstream energy company that provides integrated services across the crude oil, natural gas, and NGLs (natural gas liquids) sectors. Founded in 2010 and based in Tulsa, Oklahoma, NGL operates transportation, storage, and distribution assets to support the upstream and downstream energy markets in the United States. The company focuses on delivering midstream solutions that facilitate the movement and processing of energy products.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 13, 2020 | $0.10 | 2020-11-05 | 2020-11-06 |
| August 14, 2020 | $0.20 | 2020-08-05 | 2020-08-06 |
| May 15, 2020 | $0.20 | 2020-05-06 | 2020-05-07 |
| February 14, 2020 | $0.39 | 2020-02-06 | 2020-02-07 |
| November 14, 2019 | $0.39 | 2019-11-06 | 2019-11-07 |
Dividends Summary
- Consistent Payer: NGL ENERGY PARTNERS LP has rewarded shareholders with 38 dividend payments over the past 9 years.
- Total Returned Value: Investors who held NGL shares during this period received a total of $16.20 per share in dividend income.
- Latest Payout: The most recent dividend of $0.10/share was paid 2073 days ago, on November 13, 2020.
- Yield & Schedule: NGL currently pays dividends quarterly with an annual yield of 5.87%.
- Dividend Growth: Since 2011, the dividend payout has decreased by 40.1%, from $0.17 to $0.10.
Company News
NGL Energy Partners LP reported strong Q4 2026 results with record Water Solutions segment performance, achieving $660 million adjusted EBITDA for the year at the high end of guidance. The company completed a $950 million refinancing, redeemed 47% of Class D preferred units, and repurchased 8.7 million common units. Management guided 2027 consoli...
Natural gas prices have surged due to an arctic blast sweeping across the US, driving up heating demand. This has led to gains in several natural gas-related stocks.
Congressman Mark Green has made a significant investment in NGL Energy Partners LP through his Equitable Retirement Account, demonstrating his confidence in the diversified midstream energy company.
Targa Resources, Sunoco LP and NGL Energy Partners are part of the Zacks Industry Outlook article.
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing MLP industry, we advise focusing on companies like TRGP, SUN and NGL,
