---
title: "NGL Energy Partners' Class B Preferred Shares Cross 11.5% Yield Mark"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279082232.md"
description: "NGL Energy Partners LP's 9.00% Class B Preferred Shares (NGL.PRB) yielded over 11.5% based on a quarterly dividend of $2.8648, trading as low as $24.82. This yield surpasses the average of 6.21% in the Oil & Gas Equipment & Services category. NGL.PRB was at a 0.24% discount to its liquidation preference, contrasting with the average premium of 7.84% in the sector. On the same day, NGL.PRB remained flat while common shares (NGL) rose by 2.5%."
datetime: "2026-03-13T19:00:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279082232.md)
  - [en](https://longbridge.com/en/news/279082232.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279082232.md)
---

# NGL Energy Partners' Class B Preferred Shares Cross 11.5% Yield Mark

In trading on Friday, shares of NGL Energy Partners LP's 9.00% Class B Fixed-to-Floating Rate Cumulative (Symbol: NGL.PRB) were yielding above the 11.5% mark based on its quarterly dividend (annualized to $2.8648), with shares changing hands as low as $24.82 on the day. This compares to an average yield of 6.21% in the "Oil & Gas Equipment & Services" preferred stock category, according to Preferred Stock Channel. As of last close, NGL.PRB was trading at a 0.24% discount to its liquidation preference amount, versus the average premium of 7.84% in the "Oil & Gas Equipment & Services" category.

The chart below shows the one year performance of NGL.PRB shares, versus NGL:

Below is a dividend history chart for NGL.PRB, showing historical dividend payments on NGL Energy Partners LP's 9.00% Class B Fixed-to-Floating Rate Cumulative:

In Friday trading, NGL Energy Partners LP's 9.00% Class B Fixed-to-Floating Rate Cumulative (Symbol: NGL.PRB) is currently trading flat on the day, while the common shares (Symbol: NGL) are up about 2.5%.

##### Also see:

• Consumer Goods Dividend Stock List  
• CDR shares outstanding history  
• NLCI Videos

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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