Atlas Pipeline Partners, L.P. Announces Increased Quarterly Distribution
April 26 2011 - 4:30PM
Business Wire
Atlas Pipeline Partners, L.P. (NYSE: APL) (“Atlas
Pipeline” or the “Partnership”) reported today that it has
declared a quarterly cash distribution for the first quarter of
2011 of $0.40 per common limited partner unit, payable Friday, May
13, 2011 to holders of record as of Friday, May 6, 2011. The first
quarter distribution of $0.40 per limited common unit is an
increase of 8.1% from the $0.37 per limited common unit
distribution paid previously for the fourth quarter of 2010.
Atlas Pipeline Partners, L.P. (NYSE: APL) is active in
the gathering and processing segments of the midstream natural gas
industry. In the Mid-Continent region of Oklahoma, southern Kansas,
and northern and western Texas, APL owns and operates five active
gas processing plants as well as approximately 8,600 miles of
active intrastate gas gathering pipeline. For more information,
visit the Partnership's website at www.atlaspipeline.com or contact
IR@atlaspipeline.com.
Atlas Energy, L.P. (NYSE: AHD) is a master limited
partnership which owns and operates the general partner of Atlas
Pipeline Partners, L.P. (NYSE: APL), through which it owns a 2%
general partner interest, all the incentive distribution rights and
approximately 5.75 million common limited partner units of APL.
Additionally, AHD owns an interest in over 8,500 producing natural
gas and oil wells, representing over 185 Bcfe of net proved
developed reserves. For more information, please visit the
Partnership’s website at www.atlasenergy.com, or contact Investor
Relations at InvestorRelations@atlasenergy.com.
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