Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
 January 27, 2016 - 9:05 PM EST
Print Email Article Font Down Font Up
Archrock Partners Announces Cash Distribution

Archrock Partners, L.P. (NASDAQ:APLP), today announced a cash distribution of $0.5725 per limited partner unit, which corresponds to $2.29 per limited partner unit on an annualized basis, payable on February 12, 2016, to unitholders of record at the close of business on February 9, 2016. The fourth-quarter 2015 distribution covers the period from October 1, 2015, through December 31, 2015.

The distribution to be paid in February 2016 is unchanged from the third-quarter 2015 distribution and $0.015 higher than the fourth-quarter 2014 distribution of $0.5575 per limited partner unit.

About Archrock Partners

Archrock Partners, L.P., a master limited partnership, is the leading provider of natural gas contract compression services to customers throughout the United States. Archrock, Inc. (NYSE:AROC) owns an equity interest in Archrock Partners, including all of the general partner interest. For more information, visit www.archrock.com.

Non-U.S. Withholding Information

This press release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of Archrock Partners’ distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Archrock Partners’ distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Forward-Looking Statements

This press release contains forward-looking statements, which may include statements about Archrock Partners’ distributions. These statements are not guarantees of future performance or actions. Forward-looking statements rely on a number of assumptions concerning future events and are subject to risks and uncertainties. If one or more of these risks or uncertainties materialize, actual results may differ materially from those contemplated by a forward-looking statement. Forward-looking statements speak only as of the date on which they are made. Archrock Partners expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. A further list and description of risks, uncertainties and other matters can be found in Archrock Partners’ (formerly Exterran Partners, L.P.) Annual Report on Form 10-K for the fiscal year ended December 31, 2014, and as set forth from time to time in Archrock Partners’ filings with the Securities and Exchange Commission. These filings are available online at www.sec.gov and www.archrock.com

Archrock Partners, L.P.
Media
Lisa Walsh, 281-836-8602
or
Investors
David Miller, 281-836-8895


Source: Business Wire (January 27, 2016 - 9:05 PM EST)

News by QuoteMedia
www.quotemedia.com