◆ Preferred Stock Research

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NGL-P-C NOW TRADING POST CALL DATE

NGL Energy Partners LP · Series C · Natural Gas Transmission
Also quoted as: NGL-C, NGLprC, NGL.PRC, NGL-PC, NGLpC
$25.97
last price

About this security

NGL-P-C is a 9.625% cumulative perpetual preferred stock issued by NGL Energy Partners LP, a Natural Gas Transmission issuer. $25 liquidation preference, current yield 11.25%, callable from 2024-04-15.

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.

Issuer page — all NGL Energy Partners LP securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below ✓ verified against SEC filing

live page · rendered 09:18:03 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
11.25%
Annual Dividend
$2.4062
Recent Market Price
$25.97
as of 2026-06-15
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-04-01
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
9.625%
Call Date
2024-04-15 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
11.25%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Floating Rate
fixed-to-floating (original stated coupon shown; now floating)
Issued
2019-04-02
Series
C
Alt. Symbology
NGL-C, NGLprC, NGL.PRC, NGL-PC, NGLpC

vs. Natural Gas Transmission category (3 issues): yield 11.25% vs avg 10.01% · discount +3.9% vs avg +3.7%

Quote

 NGL-P-C (preferred)NGL (common)
Last $25.97 $16.54
Change
Open$25.97$15.75
High / Low $25.97 / $25.70 $16.73 / $15.75
Prev Close
Volume5,371674,149
52-Week High / Low $25.97 / $21.20 $18.80 / $3.10

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

NGL-P-C NGL (common)

Dividend History

Ex-DateAmount / Share
2026-04-01$0.690300
2025-12-31$0.710600
2025-10-01$0.729700
2025-07-01$0.730100
2025-04-01$0.732000
2024-12-31$0.748600
2024-10-01$0.794700
2024-07-01$0.792600
2024-04-18$2.186000
2024-04-11$2.679000
2024-02-15$4.074600

Performance — $10K Calculator

See what an investment in NGL-P-C would be worth today, dividends reinvested.

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

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Other Securities from NGL Energy Partners LP

SymbolTypeCouponPriceYield
NGL-P-B preferred 9.000% 25.89 11.37%

News — NGL Energy Partners LP

Issuer news via Tiingo, tagged to NGL.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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