NGL Energy Partners LP (NGL)

[jugs]

Allowing for simple compounding I get a dollar-denominated value of $2.28 after a 4Q year of having added 10%/Q. Divide same by $30 which has been my projected target valuation for some time now and it comes to 7.6% or an effective yield of right around 8%. And this is slightly higher than some other MLPs, suggesting I may be too conservative. Thinking about it, I believe I mentioned this a couple of weeks ago. But it's a nice mistake to be making. lol