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NGL Energy Partners (NGL) investor relations material

NGL Energy Partners Proxy Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Proxy Filing summary29 Dec, 2025

Executive summary

  • Special Meeting scheduled for February 9, 2026, to vote on three key proposals, including a new long-term incentive plan and auditor ratification.

  • Only unitholders of record as of December 18, 2025, are eligible to vote; 124,269,915 common units outstanding.

  • Voting can be done via internet, phone, mail, or in person at the meeting.

Voting matters and shareholder proposals

  • Proposal 1: Approval of the 2025 Long-Term Incentive Plan (LTIP), authorizing 10,000,000 units for equity-based awards, with a potential dilution of 7.95%.

  • Proposal 2: Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year 2026.

  • Proposal 3: Approval to adjourn or postpone the meeting if more time is needed to solicit votes for the LTIP.

  • Board recommends voting FOR all proposals.

Board of directors and corporate governance

  • Board and Compensation Committee oversee the LTIP and its administration.

  • Audit Committee is responsible for auditor selection and oversight.

  • Directors and executive officers as a group own 7.3% of outstanding common units and 33.43% interest in the General Partner.

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Frequently asked questions

NGL Energy Partners LP is a master limited partnership that provides midstream services including the transportation, storage, blending, and marketing of crude oil, water solutions, and liquid hydrocarbons. The company operates across North America. It is headquartered in Tulsa, Oklahoma, and its shares are listed on the NYSE.

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