NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units
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NGL Energy Partners LP has announced a quarterly cash distribution for its Class B, Class C, and Class D Preferred Units.
December 12, 2024 | 9:45 pm
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NGL Energy Partners LP has declared a quarterly cash distribution for its Class B, Class C, and Class D Preferred Units, which may attract income-focused investors.
The announcement of a cash distribution is generally positive for investors seeking income, as it indicates the company's ability to return capital to shareholders. This could lead to a short-term positive impact on NGL's stock price.
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