Atlas Pipeline Partners, L.P. Announces Increased Quarterly Distribution Of
$0.62 Per Common Unit
PHILADELPHIA, July 23, 2013
PHILADELPHIA, July 23, 2013 /PRNewswire/ --Atlas Pipeline Partners, L.P.
(NYSE: APL) ("APL", "Atlas Pipeline", or the "Partnership") announced today
that the Partnership has declared a quarterly cash distribution for the second
quarter of 2013 of $0.62 per common limited partner unit, payable Wednesday,
August 14, 2013 to holders of record as of Wednesday, August 7, 2013. The
second quarter distribution of $0.62 per common limited partner unit is
approximately an 11% increase year-over-year and the 11^th increase in the
previous 12 quarters.
Atlas Pipeline Partners, L.P. (NYSE: APL) is active in the gathering and
processing segments of the midstream natural gas industry. In Oklahoma,
southern Kansas, Texas, and Tennessee, APL owns and operates 14 active gas
processing plants, 18 gas treating facilities, as well as approximately 10,600
miles of active intrastate gas gathering pipeline. APL also has a 20%
interest in West Texas LPG Pipeline Limited Partnership, which is operated by
Chevron Corporation. For more information, visit the Partnership's website at
www.atlaspipeline.com or contact IR@atlaspipeline.com.
Atlas Energy, L.P. (NYSE: ATLS) is a master limited partnership which owns and
operates the general partner of its midstream oil & gas subsidiary, Atlas
Pipeline Partners, L.P., through all of the general partner interest, all the
incentive distribution rights and an approximate 9% limited partner interest.
Additionally, Atlas Energy owns all of the general partner Class A units and
incentive distribution rights and an approximate 33% limited partner interest
in its upstream oil & gas subsidiary, Atlas Resource Partners, L.P.(NYSE:
ARP). For more information, please visit the Partnership's website at
www.atlasenergy.com, or contact Investor Relations at
Certain matters discussed within this press release are forward-looking
statements. Although Atlas Pipeline Partners, L.P. believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurance that its expectations will be attained.
Atlas Pipeline does not undertake any duty to update any statements contained
herein (including any forward-looking statements), except as required by law.
Factors that could cause actual results to differ materially from expectations
include general industry considerations, regulatory changes, changes in
commodity process and local or national economic conditions and other risks
detailed from time to time in Atlas Pipeline's reports filed with the SEC,
including quarterly reports on Form 10-Q, reports on Form 8-K and annual
reports on Form 10-K.
Contact: Matthew Skelly
1845 Walnut Street
Philadelphia, PA 19103
(215) 561-5692 (facsimile)
SOURCE Atlas Pipeline Partners, L.P.
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