NGL Energy Partners LP
NGL-PBEnergy · Stock · quarterly payer
Forward Yield
11.03%
Annual Dividend
$2.85
Payout Ratio
—
5-Yr Growth
5.4%
Ex-Date
Jul 1, 2026
Frequency
Quarterly
Summary
As of September 2026, NGL Energy Partners LP (NGL-PB) yields 11.03% ($2.85 per share annually), with a blended fair-value estimate of $85.91 — +232% upside, so it screens as undervalued. Dividend safety grade: D (44/100).
Is NGL-PB a good dividend stock?
MixedNGL Energy Partners LP (NGL-PB) pays a quarterly dividend yielding 11.03% ($2.85/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 5.4% 5-yr dividend growth
- 85% total price return over 5 years
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 11.03%
- Payout Ratio
- —
- Annual Dividend
- $2.85
- 5-Yr Avg Growth
- 5.4%
- Ex-Dividend Date
- Jul 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.66
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- 85%
- 52-Week Range
- $22.02 – $26.34
- Dividend Safety
- D · 44/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
NGL-PB Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
+3%
5 Years
+85%
52-Week Range
$22.02 – $26.34
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NGL-PB worth?
Undervaluedlow confidenceOur blended fair-value estimate for NGL Energy Partners LP is $85.91 per share, versus a market price of $25.86. That implies 232% of upside — a margin of safety of about 70%.
Fair Value
$85.91
Current Price
$25.86
Upside
+232%
Margin of Safety
70%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.6% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, -$2.22 EPS, $2.85 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NGL-PB Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | — | $0.6979 | regular |
| Apr 1, 2026 | — | $0.6960 | regular |
| Dec 31, 2025 | — | $0.7162 | regular |
| Oct 1, 2025 | — | $0.7353 | regular |
| Jul 1, 2025 | — | $0.7358 | regular |
| Apr 1, 2025 | — | $0.7377 | regular |
| Dec 31, 2024 | — | $0.7542 | regular |
| Oct 1, 2024 | — | $0.8004 | regular |
| Jul 1, 2024 | — | $0.7820 | regular |
| Apr 18, 2024 | — | $2.4750 | regular |
| Feb 15, 2024 | — | $4.4439 | regular |
| Dec 30, 2020 | — | $0.5625 | regular |
| Sep 29, 2020 | — | $0.5625 | regular |
| Jun 29, 2020 | — | $0.5625 | regular |
Income Calculator
At $2.85 / yr per share
