Atlas Energy, L.P. Announces Quarterly Distribution And Schedules First
Quarter 2014 Earnings Conference Call
PHILADELPHIA, April 23, 2014
PHILADELPHIA, April 23, 2014 /PRNewswire/ --Atlas Energy, L.P. (NYSE: ATLS)
("ATLS" or "the Company") today announced that its Board of Directors has
declared a quarterly distribution for the first quarter 2014 and that the
Company has also has also established the timing of the release of its first
quarter 2014 financial and operating results.
ATLS has declared a distribution of $0.46 per common unit for the first
quarter 2014. This $0.46 per common unit distribution represents an
approximate 48% increase from the first quarter 2013 distribution of $0.31 per
common unit. The first quarter 2014 distribution is payable Tuesday, May 20,
2014 to holders of record as of Wednesday, May 7, 2014. ATLS also reiterates
its previously stated 2014 distribution guidance range of $1.95 to $2.45 per
Edward E. Cohen, Chief Executive Officer of ATLS, stated, "We continue to
benefit from our strong operations at both of our subsidiaries, both of which
are situated in areas with tremendous future opportunities. We expect further
increases in cash flow from newly constructed processing facilities at Atlas
Pipeline, as well as expanded production from Atlas Resource's attractive
development areas, all of which provide substantial future value for ATLS
ATLS will release results for the first quarter 2014 on Wednesday, May 7, 2014
after market hours, and invites investors and other interested parties to
listen to the live webcast of its quarterly conference call on Thursday, May
8, 2014, at 9:00am ET.
This call is being webcast live and can be accessed by investors and other
interested parties from the Investor Relations section of Atlas Energy's
website at www.atlasenergy.com. For those unavailable to listen to the live
broadcast, the replay of the webcast will be available following the live call
on the website and telephonically beginning at 12:00p.m. ET on May 8, 2014 by
dialing 855-859-2056, passcode: 30755727.
Atlas Energy, L.P. (NYSE: ATLS)is a master limited partnership which owns all
of the general partner Class A units and incentive distribution rights and an
approximate 34% limited partner interest in its upstream oil & gas subsidiary,
Atlas Resource Partners, L.P. Additionally, Atlas Energy 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 6% limited partner interest. For more
information, please visit our website at www.atlasenergy.com, or contact
Investor Relations at InvestorRelations@atlasenergy.com.
Contact: Brian Begley
Vice President - Investor Relations
(215) 405-2718 (fax)
SOURCE Atlas Energy, L.P.
Press spacebar to pause and continue. Press esc to stop.