Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
 October 23, 2015 - 4:15 PM EDT
Print Email Article Font Down Font Up Charts

PennTex Midstream Partners, LP Declares Third Quarter Distribution

HOUSTON, Oct. 23, 2015 (GLOBE NEWSWIRE) -- PennTex Midstream Partners, LP (NASDAQ:PTXP) (the “Partnership”) announced today that the Board of Directors of its general partner has approved a cash distribution of $0.2750 per unit, or $1.10 per unit on an annualized basis, for the third quarter 2015. The distribution will be paid on November 13, 2015 to unitholders of record as of November 3, 2015.

About PennTex Midstream Partners, LP

PennTex Midstream Partners, LP is a growth-oriented master limited partnership focused on owning, operating, acquiring and developing midstream energy infrastructure assets in North America.  PTXP provides natural gas gathering and processing and residue gas and natural gas liquids transportation services to producers in the Terryville Complex in northern Louisiana. For more information, visit www.penntex.com.

For further information, please direct all inquiries to:

Investor Relations:
 Andrejka Bernatova
Vice President, Finance and Investor Relations
Email:  abernatova@penntex.com
Telephone:  (832) 456-4000

Media: Chris Staffel
Vice President, Administration
Email: cstaffel@penntex.com
Telephone: (832) 456-4005

This release serves as a qualified notice to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b) that 100% of the Partnership’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership’s distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate.

 


Source: GlobeNewswire (October 23, 2015 - 4:15 PM EDT)

News by QuoteMedia
www.quotemedia.com