NGL Energy Partners LP Announces Quarterly Cash Distribution
NGL Energy Partners LP (NYSE: NGL) (the “Partnership” or “NGL”) announced today that the Board of Directors of its general
partner declared a quarterly distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended
September 30, 2017. This cash distribution is payable on November 14, 2017 to common unitholders of record at the close of business
on November 6, 2017.
Additionally, the Board of Directors declared a distribution for the quarter ended September 30, 2017 to be paid to the holders
of the Class A Preferred Units according to the terms outlined in NGL's Partnership Agreement. The Class A Preferred distribution
will also be paid on November 14, 2017.
About NGL Energy Partners LP
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with
five primary businesses: water solutions, crude oil logistics, NGL logistics, refined products/renewables and retail propane. For
further information, visit the Partnership’s website at www.nglenergypartners.com.
This release is a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat
100% of NGL Energy Partners LP’s distributions to foreign investors as being attributable to income that is effectively connected
with a United States trade or business. Therefore, distributions to foreign investors are subject to federal income tax
withholding at the highest applicable effective tax rate.
NGL Energy Partners LP
Trey Karlovich, 918-481-1119
Executive Vice President and Chief Financial Officer
Trey.Karlovich@nglep.com
or
Linda Bridges, 918-481-1119
Vice President – Finance and Treasurer
Linda.Bridges@nglep.com
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