NGL Energy Partners LP (NGL)

[jugs]

Inasmuch as I routine record each day's closing price for NGL, I thought I'd present my findings to you as it may offer greater clarity.

Beginning with September 1st---a Friday, and followed by the next five Friday closes through yesterday:

Friday, September 1st: $8.95
8.70
10.20
10.85
11.55
11.75

NGL unitholders have benefitted from media coverage which has been very supportive of our company.

We are probably just a couple to a few weeks away from guidance regarding the next distribution but I believe most of us are comfortable with an expectation of the 39 cents we've been getting to continue.

The annual $1.56 in distributions, if continued, means the company is paying out a yield of greater than 22%. This is easily three and a half times that of your everyday MLP in the energy sector. And this is why I've accumulated more than 23 units of NGL, myself. lol In plain English--- NGL should make it to $22 in order to realign with the 7% standard which, by the way, is actually higher than the Alerian average of 6.7%.

Happy hunting, everybody.

And please take a look at a similar post I placed at the ALDW board, focusing on that company, of course.