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Share Name | Share Symbol | Market | Type |
---|---|---|---|
NGL Energy Partners LP | NYSE:NGL | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.77 | 0 | 12:00:01 |
NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending September 30, 2017 to be paid to the holders of the Partnership’s 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement. The Class B Preferred Units distribution of $0.675 per unit will be made on October 16, 2017 to holders of record on September 29, 2017.
About NGL Energy Partners LP
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with five primary businesses: water solutions, crude oil logistics, NGL logistics, refined products/renewables and retail propane. For further information, visit the Partnership’s website at www.nglenergypartners.com.
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’s 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170919006710/en/
NGL Energy Partners LPTrey Karlovich, 918-481-1119Executive Vice President and Chief Financial OfficerTrey.Karlovich@nglep.comorLinda Bridges, 918-481-1119Vice President – Finance and TreasurerLinda.Bridges@nglep.com
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