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NGL'B NOW TRADING POST CALL DATE

NGL Energy Partners LP · Series B · Utilities
Also quoted as: NGL-B, NGLprB, NGL.PRB, NGL-PB, NGLpB
$25.80
last price · 2026-09-14

About this security

NGL'B is a variable-rate cumulative perpetual preferred stock issued by NGL Energy Partners LP, grouped under Utilities. $25 liquidation preference, dividend rate currently 11.77% a year (initial rate 9%), current yield 11.40%, callable from 2022-07-01.

NGL Energy Partners LP: NGL Energy Partners LP is a Delaware-based master limited partnership (MLP) formed in 2010 that operates across two primary segments in the midstream energy sector. Its Water Solutions segment handles the transportation, treatment, recycling, and disposal of produced and flowback water generated by crude oil and natural gas producers, and also recovers and sells skim oil as a byproduct. Its Crude Oil Logistics segment purchases crude oil from producers and marketers and moves it to refineries and trade hubs via pipelines, storage terminals, rail facilities, and barges. The partnership primarily serves large, investment-grade oil and gas companies under long-term, fixed-fee contracts that often include minimum volume commitments and acreage dedications. Company website

All NGL Energy Partners LP securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 19:09:08 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
11.40%
Annual Dividend
$2.9412
Current Rate
11.77%
a year, from the latest dividends
Recent Market Price
$25.80
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
−$0.80 (-3.1%)
Recent Ex-Date
2026-07-01
Pay Frequency
quarterly
Cumulative
Yes
Initial Rate
9.000%
Call Date
2022-07-01 ⚑ callable now
Yield to Call
n/a (callable now)
Yield to Worst
n/a (callable now)
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No (Limited change-of-control conversion)
Floating Rate
Three-Month LIBOR + 721.3 bps
Pay Dates
January 15, April 15, July 15, October 15
Shares Offered (original)
7,400,000 +1,110,000 OA
Issued
2017-06-13
Series
B
Alt. Symbology
NGL-B, NGLprB, NGL.PRB, NGL-PB, NGLpB

vs. Utilities (33 issues with a current yield): yield 11.40% vs avg 7.53% · discount +3.2% vs avg -17.9%

Quote

 NGL'B (preferred)NGL (common)
As of 2026-09-14 2026-09-14
Last $25.80 $17.29
Change -0.04 (-0.16%) -0.29 (-1.65%)
Open$25.95$17.38
High / Low $25.95 / $25.80 $17.62 / $17.13
Prev Close$25.84$17.58
Volume8,518385,985
52-Week High / Low $26.34 / $22.02 $19.06 / $5.36

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

NGL'B NGL (common)

Dividend History

Ex-DateAmount / Share
2026-07-01$0.697900
2026-04-01$0.696000
2025-12-31$0.716200
2025-10-01$0.735300
2025-07-01$0.735800
2025-04-01$0.737700
2024-12-31$0.754200
2024-10-01$0.800400
2024-07-01$0.782000
2024-04-18$2.475000
2024-04-11$3.022400
2024-02-15$4.443900

Performance: $10K Calculator

See what an investment in NGL'B would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for NGL'B →

Prospectus (SEC 424B5)

We are offering 7,400,000 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units, liquidation preference $25.00 per Class B Preferred Unit, of NGL Energy Partners LP.

Full Prospectus (SEC filing) →

Other Securities from NGL Energy Partners LP

SymbolTypeCouponPriceYield
NGL'C preferred 9.625% 25.71 11.35%

News: NGL Energy Partners LP

Issuer news via Tiingo, filtered to stories about NGL.

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