DALLAS -- (Business Wire)
Regency Energy Partners LP (NYSE:
RGP), (“Regency” or the “Partnership”), announced today a cash
distribution of 46 cents per outstanding common unit for the fourth
quarter ended December 31, 2012. The distribution will be paid on
February 14, 2013, to unitholders of record at the close of business on
February 7, 2013. This distribution is equivalent to $1.84 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 fourth quarter ended
December 31, 2012, will be paid on the same schedule as set forth above.
Regency expects to release its fourth quarter 2012 earnings results
Wednesday, February 20, 2013, after the market closes and will hold a
conference call Thursday, February 21, 2013, at 10 a.m. Central Time (11
a.m. Eastern Time) to discuss these results.
The dial-in number for the call is 1-866-770-7125 in the United States,
or +1-617-213-8066 outside the United States, passcode 50928052. 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
94006638. 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.
This release includes “forward-looking” statements. Forward-looking
statements are identified as any statement that does not relate strictly
to historical or current facts. Statements using words such as
“anticipate,” “believe,” “intend,” “project,” “plan,” “expect,”
“continue,” “estimate,” “goal,” “forecast,” “may” or similar expressions
help identify forward-looking statements. Although we believe our
forward-looking statements are based on reasonable assumptions and
current expectations and projections about future events, we cannot give
any assurance that such expectations will prove to be correct.
Forward-looking statements are subject to a variety of risks,
uncertainties and assumptions. Additional risks include: volatility in
the price of oil, natural gas, and natural gas liquids, declines in the
credit markets and the availability of credit for the Partnership as
well as for producers connected to the Partnership’s system and its
customers, the level of creditworthiness of, and performance by the
Partnership’s counterparties and customers, the Partnership's ability to
access capital to fund organic growth projects and acquisitions, and the
Partnership’s ability to obtain debt and equity financing on
satisfactory terms, the Partnership's use of derivative financial
instruments to hedge commodity and interest rate risks, the amount of
collateral required to be posted from time-to-time in the Partnership's
transactions, changes in commodity prices, interest rates, and demand
for the Partnership's services, changes in laws and regulations
impacting the midstream sector of the natural gas industry, weather and
other natural phenomena, industry changes including the impact of
consolidations and changes in competition, the Partnership's ability to
obtain required approvals for construction or modernization of the
Partnership's facilities and the timing of production from such
facilities, and the effect of accounting pronouncements issued
periodically by accounting standard setting boards. Therefore, actual
results and outcomes may differ materially from those expressed in such
These and other risks and uncertainties are discussed in more detail in
filings made by the Partnership with the Securities and Exchange
Commission, which are available to the public. The Partnership
undertakes no obligation to update publicly or to revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Regency Energy Partners LP (NYSE:
RGP) is a growth-oriented, master limited partnership engaged in the
gathering and processing, contract compression, contract treating and
transportation of natural gas and the transportation, fractionation and
storage of natural gas liquids. Regency's general partner is owned by
Energy Transfer Equity, L.P. (NYSE:
ETE). For more information, please visit Regency’s website at www.regencyenergy.com.
Regency Energy Partners
Manager, Finance & Investor Relations
Source: Regency Energy Partners LP
© 2016 Canjex Publishing Ltd. All rights reserved.