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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!

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From: Elroy12/13/2024 2:43:41 PM
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TULSA, Okla., December 12, 2024--( BUSINESS WIRE)--NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner declared a distribution for the quarter ending December 31, 2024 to be paid to the holders of the Partnership’s 12.068% Class B Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class B Preferred Units") and the 11.977% Class C Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class C Preferred Units") in accordance with the terms outlined in NGL’s partnership agreement. Each of the Class B Preferred Units will receive a quarterly distribution of $0.7542 and each of the Class C Preferred Units will receive a quarterly distribution of $0.7486 per unit on January 15, 2025, to holders of record on January 1, 2025.
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