Inergy Midstream, L.P. Declares Increase in Quarterly Cash Distribution
HOUSTON -- July 25, 2013
The Board of Directors of NRGM GP, LLC, general partner of Inergy Midstream,
L.P. (NYSE:NRGM) (“Inergy Midstream”), announced that it has declared the
partnership’s quarterly cash distribution of $0.40 per limited partner unit
($1.60 annually) for the quarter ended June 30, 2013, representing the fifth
consecutive distribution increase. The distribution will be paid on August 14,
2013, to unitholders of record as of August 7, 2013.
Inergy Midstream; Inergy, L.P. (NYSE:NRGY); and Crestwood Midstream Partners
LP (NYSE:CMLP) (“Crestwood”) each plan to release earnings for the quarter
ended June 30, 2013, on August 6, 2013. Inergy Midstream, Inergy, and
Crestwood will host a joint conference call and internet webcast on August 6,
2013, at 9:00 a.m. Central Time to discuss the results of operations for the
quarter. The call-in number for the earnings call is 1-480-629-9723, and the
conference name is Inergy. The live internet webcast and the replay can be
accessed on Inergy Midstream’s website, www.inergylp.com. A digital recording
of the call will be available for one week following the call by dialing
1-303-590-3030 and entering the pass code 4631393.
About Inergy Midstream, L.P.
Inergy Midstream, L.P. is a publicly traded master limited partnership that
develops, owns, and operates predominantly fee-based natural gas, NGL and
crude oil storage and transportation businesses in the Northeast region of the
United States and in North Dakota.
About Inergy, L.P.
Inergy, L.P. is a publicly traded master limited partnership that controls,
owns, and operates energy midstream businesses. Inergy's operations include a
natural gas storage business in Texas and an NGL and crude oil supply and
logistics business that serves customers in the United States and Canada.
Through its general partner interest in Inergy Midstream, L.P. and Crestwood
Midstream Partners LP, Inergy is also engaged in the development and operation
of natural gas, NGL and crude oil gathering, processing, storage, and
transportation assets in multiple unconventional shale plays across the United
States. For more information about Inergy, L.P., visit www.inergylp.com.
About Crestwood Midstream Partners LP
Houston, Texas-based Crestwood is a growth-oriented, midstream master limited
partnership which owns and operates predominately fee-based gathering,
processing, treating, and compression assets servicing natural gas producers
in the Barnett Shale in north Texas, the Marcellus Shale in northern West
Virginia, the Fayetteville Shale in northwest Arkansas, the Granite Wash in
the Texas Panhandle, the Avalon Shale/Bone Spring in southeastern New Mexico,
and the Haynesville/Bossier Shale in western Louisiana. For more information
about Crestwood, visit www.crestwoodlp.com.
Forward Looking Statements
This press release may include certain statements concerning expectations for
the future that are forward-looking statements as defined by federal law. Such
forward-looking statements are subject to a variety of known and unknown
risks, uncertainties, and other factors that are difficult to predict and many
of which are beyond management’s control. These risks and assumptions are
described in Inergy Midstream’s annual reports on Form 10-K and other reports
that are available from theUnited States Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on forward-looking
statements, which reflect management’s view only as of the date made. We
undertake no obligation to update any forward-looking statement, except as
otherwise required by law.
Corporate news, unit prices, and additional information about Inergy
Midstream, including reports from the United States Securities and Exchange
Commission, are available on the partnership’s website, www.inergylp.com. For
more information, contact Vince Grisell in Inergy Midstream’s Investor
Relations Department at 816-842-8181 or via e-mail at
This release is intended to be a qualified notice under Treasury Regulation
Section 1.1446-4(b). Brokers and nominees should treat one hundred percent of
Inergy Midstream’s distributions to foreign investors as being attributable to
income that is effectively connected with a United States trade or business.
Accordingly, Inergy Midstream’s distributions to foreign investors are subject
to federal income tax withholding at the highest applicable effective tax
Inergy Midstream, L.P.
Vince Grisell, 816-842-8181
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