NGL Energy Partners Announces Quarterly Cash Distribution
NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly
distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended December 31, 2018. This cash
distribution is payable on February 14, 2019 to common unitholders of record at the close of business on February 6, 2019.
Additionally, the Board of Directors declared a distribution for the quarter ended December 31, 2018 to be paid to the holders
of the Class A Preferred Units according to the terms outlined in the Partnership Agreement. The Class A Preferred distribution
will also be made on February 14, 2019.
Forward-Looking Statements
This press release includes “forward-looking statements.” All statements other than statements of historical facts included or
incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or
implied in such statements and are subject to a number of risks and uncertainties. While NGL believes such forward-looking
statements are reasonable, NGL cannot assure they will prove to be correct. The forward-looking statements involve risks and
uncertainties that affect operations, financial performance, and other factors as discussed in filings with the Securities and
Exchange Commission. Other factors that could impact any forward-looking statements are those risks described in NGL’s annual
report on Form 10-K, quarterly reports on Form 10-Q, and other public filings. You are urged to carefully review and consider the
cautionary statements and other disclosures made in those filings, specifically those under the heading “Risk Factors.” NGL
undertakes no obligation to publicly update or revise any forward-looking statements except as required by law.
About NGL Energy Partners LP
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with
four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables. 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 Partner 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.
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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
Senior Vice President – Finance and Treasurer
Linda.Bridges@nglep.com
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