NGL Energy Partners LP's NGL-P-B is an exchange-traded preferred stock in the Natural Gas Transmission sector. At a recent price of $25.30, NGL-P-B yields 11.63% on its $25 liquidation preference and 9% coupon. It trades at a premium of 1.2% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2022-07-01. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.