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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Celtictrader who wrote (31939)	1/17/2020 9:16:38 AM
From: Celtictrader	Read Replies (1) \| Respond to of 34328

NGL-Biodiesel Income Tax Credit Update On December 19, 2019 , the United States government passed two spending bills, which included a provision for the extension of the $1.00 per barrel biodiesel income tax credit for all qualifying transactions from January 1, 2018 through December 31, 2022 . The Partnership [NGL Energy] had established approximately $31.4 million of these tax credits related to the period from January 1, 2018 through December 31, 2019 . The Partnership expects to receive the cash proceeds from these tax credits by mid-year 2020. The Partnership will recognize the benefit of these tax credits in its December 31, 2019 quarterly results. In addition, the Partnership expects approximately $6.4 million of additional biodiesel tax credits related to calendar year 2020. Press Release: NGL Energy Partners LP Announces Fiscal Third Quarter Earnings Call and Provides Update on Recent Developments 5:40 pm ET January 16, 2020 (Dow Jones) Print NGL Energy Partners LP Announces Fiscal Third Quarter Earnings Call and Provides Update on Recent Developments TULSA, Okla.--(BUSINESS WIRE)--January 16, 2020-- NGL Energy Partners LP (NYSE: NGL) ("NGL" or the "Partnership") plans to issue its fiscal third quarter ended December 31, 2019 earnings press release pre-market open on Thursday, February 6, 2020. Members of NGL's management team will discuss its financial results for the quarter on an earnings call following this release, which is scheduled for Thursday, February 6, 2020 at 10:00 am CST. Analysts, investors, and other interested parties may access the conference call by dialing (800) 291-4083 and providing access code 2980107. An archived audio replay of the call will be available for 7 days beginning at 1:00 pm CST on February 6, 2020, which can be accessed by dialing (855) 859-2056 and providing access code 4747666. An updated investor presentation will be posted on NGL's Investor Relations website at www.nglenergypartners.com/investor-relations/presentations after the filing of the Partnership's Quarterly Report on Form 10-Q on and around February 10, 2020.