Atlas Pipeline Partners, L.P. Declares Quarterly Distribution for the First Quarter 2009
On Friday May 1, 2009, 4:15 pm EDT
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PHILADELPHIA--(BUSINESS WIRE)--Atlas Pipeline Partners, L.P. (NYSE: APL - News) (“APL”) reported today that it has declared a quarterly cash distribution for the first quarter 2009 of $0.15 per common limited partner unit, payable Friday, May 15, 2009 to holders of record as of Monday, May 11, 2009.
Related Quotes
Symbol Price Change
AHD 3.18 +0.98
APL 5.06 -0.02
ATLS 17.34 +0.84
Atlas Pipeline Holdings, L.P. (NYSE: AHD - News) (“AHD”), which owns the general partner interest, approximately 5.8 million common units and 15,000 $1,000 par value 12% preferred limited partner units in APL, will not pay a cash distribution for the first quarter 2009. AHD will be using available cash to pay operating expenses and to meet its debt service requirements.
Atlas Pipeline Partners, L.P. is active in the transmission, gathering and processing segments of the midstream natural gas industry. In the Mid-Continent region of Oklahoma, Arkansas, northern and western Texas and the Texas panhandle, the Partnership owns and operates eight gas processing plants and a treating facility, as well as approximately 7,900 miles of active intrastate gas gathering pipeline and a 565-mile interstate natural gas pipeline. In Appalachia, it owns and operates approximately 1,600 miles of natural gas gathering pipelines in western Pennsylvania, western New York and eastern Ohio. For more information, visit our website at www.atlaspipelinepartners.com or contact InvestorRelations@atlasamerica.com.
Atlas Pipeline Holdings, L.P. is a limited partnership which owns and operates the general partner of Atlas Pipeline Partners, L.P., through which it owns a 2% general partner interest, all the incentive distribution rights, approximately 5.8 million common units and 15,000 preferred Class B units of Atlas Pipeline Partners.
Contact:
Atlas Pipeline Partners, L.P.
Brian Begley
Investor Relations
(215) 546-5005
(215) 553-8455 (fax)
