NGL-P-C: NGL Energy Partners LP 9.625% Series C Preferred Stock
NGL Energy Partners LP's NGL-P-C is an exchange-traded preferred stock in the Natural Gas Transmission sector.
At a recent price of $25.34, NGL-P-C yields 11.52% on its $25 liquidation preference and 9.625% coupon.
It trades at a premium of 1.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2024-04-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.