NGL MLP — NGL Energy Partners LP

NGL Energy Partners LP (NGL)

NGL is a MLP. Total return is 121.0% over the past 15.4 years, 530.1 points behind SPY at 651.1%.

NGL Energy Partners is a midstream energy partnership that provides water solutions for oil and gas producers, crude oil logistics and transportation, and natural gas liquids marketing and distribution. The partnership does not currently distribute to unitholders. This business appeals to investors seeking exposure to midstream energy infrastructure and services, though potential unitholders should note the absence of current distributions.

NGL performance versus SPY

Price and return data through 2026-09-21.

Total return is 121.0% over the past 15.4 years, 530.1 points behind SPY at 651.1%. Over the past year its total return — price change plus distributions reinvested — is 145.6%. Its deepest 1-year drawdown was 19.7%.

NGL key facts

Issuer

NGL Energy Partners

Asset type

MLP

Asset class

Equity

Distribution frequency

None

5-year average yield

17.44

Last close

$16.28 (as of 2026-09-21)

Market cap

$2,015,696,625

Average volume

190557.0

Last ex-dividend date

11/05/2020

Last payment date

11/13/2020

Beta

0.662

Payout ratio

0.0

Forward P/E

46.0829

EPS

$-3.27

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: NGL Energy Partners or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NGL risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 19.7%.

Who may consider NGL — and who may not

It is a weaker fit for investors who need monthly cash flow (NGL does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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