News Column

Regency Energy Partners Increases Cash Distribution to 48 Cents Per Outstanding Common Unit

May 16, 2014



By a News Reporter-Staff News Editor at Energy Weekly News -- Regency Energy Partners LP (NYSE: RGP), ("Regency" or the "Partnership"), announced a cash distribution of 48 cents per outstanding common unit for the first quarter ended March 31, 2014, which represents a half cent increase over Regency's fourth quarter 2013 cash distribution. The distribution will be paid on May 15, 2014, to unitholders of record at the close of business on May 8, 2014. This distribution is equivalent to $1.92 per outstanding common unit on an annual basis.

Under the terms of the Series A Preferred Units, a quarterly cash distribution of 44.5 cents per unit for the first quarter ended March 31, 2014, will be paid on the same schedule as set forth above.

Regency expects to release its first quarter 2014 earnings results Tuesday, May 6, 2014, after the market closes and will hold a conference call Wednesday, May 7, 2014, at 10 a.m. Central Time (11 a.m. Eastern Time) to discuss these results.

The dial-in number for the call is 1-877-703-6107 in the United States, or +1-857-244-7306 outside the United States, passcode 91132423. A live webcast of the call may be accessed on the Investor Relations page of Regency's website at www.regencyenergy.com. The call will be available for replay for seven days by dialing 1-888-286-8010 (from outside the U.S., +1-617-801-6888) passcode 12695444. A replay of the broadcast will also be available on the Partnership's website for 30 days.

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Please note that 100 percent of Regency's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, Regency's distributions to foreign investors are subject to federal income tax withholding at a rate of 35 percent.

Keywords for this news article include: Energy Companies, Regency Energy Partners LP.

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Source: Energy Weekly News


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