NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water. The Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and transportation services through pipelines. The Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 24 terminals, third-party storage and terminal facilities, and nine common carrier pipelines, as well as through fleet of leased railcars. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
NGL Energy Partners Dividend Announcement
• NGL Energy Partners announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2020-11-13. Ex dividend date: 2020-11-05
• NGL Energy Partners's trailing twelve-month (TTM) dividend yield is -%
• NGL Energy Partners's payout ratio for the trailing twelve months (TTM) is -236.89%
NGL Energy Partners Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-11-05 | $0.10 | quarterly | 2020-11-13 |
2020-08-05 | $0.20 | quarterly | 2020-08-14 |
2020-05-06 | $0.20 | quarterly | 2020-05-15 |
2020-02-06 | $0.39 | quarterly | 2020-02-14 |
2019-11-06 | $0.39 | quarterly | 2019-11-14 |
2019-08-06 | $0.39 | quarterly | 2019-08-14 |
2019-05-06 | $0.39 | quarterly | 2019-05-15 |
2019-02-05 | $0.39 | quarterly | 2019-02-14 |
2018-11-07 | $0.39 | quarterly | 2018-11-14 |
2018-08-07 | $0.39 | quarterly | 2018-08-14 |
2018-05-04 | $0.39 | quarterly | 2018-05-15 |
2018-02-05 | $0.39 | quarterly | 2018-02-14 |
2017-11-03 | $0.39 | quarterly | 2017-11-14 |
2017-08-02 | $0.39 | quarterly | 2017-08-14 |
2017-05-04 | $0.39 | quarterly | 2017-05-15 |
2017-02-01 | $0.39 | quarterly | 2017-02-14 |
2016-11-02 | $0.39 | quarterly | 2016-11-14 |
2016-08-02 | $0.39 | quarterly | 2016-08-12 |
2016-04-29 | $0.39 | quarterly | 2016-05-13 |
2016-02-01 | $0.64 | quarterly | 2016-02-15 |
2015-10-30 | $0.64 | quarterly | 2015-11-13 |
2015-07-30 | $0.63 | quarterly | 2015-08-14 |
2015-05-01 | $0.62 | quarterly | 2015-05-15 |
2015-02-04 | $0.62 | quarterly | 2015-02-13 |
2014-10-31 | $0.61 | quarterly | 2014-11-14 |
2014-07-31 | $0.59 | quarterly | 2014-08-14 |
2014-05-01 | $0.55 | quarterly | 2014-05-15 |
2014-01-31 | $0.53 | quarterly | 2014-02-14 |
2013-10-31 | $0.51 | quarterly | 2013-11-14 |
2013-08-01 | $0.49 | quarterly | 2013-08-14 |
2013-05-02 | $0.48 | quarterly | 2013-05-15 |
2013-01-31 | $0.46 | quarterly | 2013-02-14 |
2012-10-25 | $0.90 | quarterly | 2012-11-14 |
2012-08-01 | $0.41 | quarterly | 2012-08-14 |
2012-04-26 | $0.36 | quarterly | 2012-05-15 |
2012-02-01 | $0.35 | quarterly | 2012-02-14 |
2011-10-27 | $0.34 | quarterly | 2011-11-14 |
2011-08-01 | $0.17 | quarterly | 2011-08-12 |
NGL Energy Partners Dividend per year
NGL Energy Partners Dividend growth
NGL Energy Partners Dividend Yield
NGL Energy Partners current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing NGL Energy Partners stock? Use our calculator to estimate your expected dividend yield:
NGL Energy Partners Financial Ratios
NGL Energy Partners Dividend FAQ
Other factors to consider when evaluating NGL Energy Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: NGL Energy Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NGL Energy Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NGL Energy Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NGL Energy Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: NGL Energy Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NGL Energy Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NGL Energy Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of NGL Energy Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NGL Energy Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.