MIDLAND, Texas, Jan. 20, 2017 /PRNewswire/ -- CSI Compressco LP
("CSI Compressco") (NASDAQ: CCLP) today announced that the board of
directors of its general partner has declared a cash distribution
attributable to the quarter ended December
31, 2016 of $0.3775 per
outstanding common unit, which is equal to the previous quarterly
distribution, or $1.51 per
outstanding common unit on an annualized basis. This cash
distribution will be paid on February 14,
2017 to all common unitholders of record as of the close of
business on February 1,
2017.
CSI Compressco expects to release its fourth quarter 2016
earnings results on Tuesday, February 28,
2017 and will host a conference call at 10:30 a.m. Eastern Time on that day to discuss
the earnings results. The phone number for the call is
1-866-374-8397. The conference will also be available by live audio
webcast and may be accessed through CSI Compressco's website at
www.csicompressco.com. The earnings press release will be available
on CSI Compressco's website prior to the conference call. A
replay of the call will be available at 1-877-344-7529, conference
number 10100208, for one week following the conference, and the
archived webcast will be available through CSI Compressco's website
for thirty days following the conference.
About CSI Compressco
CSI Compressco is a provider of compression services and
equipment for natural gas and oil production, gathering,
transportation, processing, and storage. CSI Compressco's
compression and related services business includes a fleet of
approximately 6,000 compressor packages and in excess of 1.1
million in aggregate horsepower, utilizing a full spectrum of low-,
medium-, and high-horsepower engines. CSI Compressco also provides
well monitoring and automated sand separation services in
conjunction with compression services in Mexico. CSI Compressco's equipment sales
business includes the fabrication and sale of standard compressor
packages, custom-designed compressor packages, and oilfield fluid
pump systems designed and fabricated primarily at our facility in
Midland, Texas. CSI Compressco's
aftermarket business provides compressor package reconfiguration
and maintenance services as well as the sale of compressor package
parts and components manufactured by third-party suppliers. CSI
Compressco's customers comprise a broad base of natural gas and oil
exploration and production, mid-stream, transmission, and storage
companies operating throughout many of the onshore producing
regions of the United States as
well as in a number of foreign countries, including Mexico, Canada, and Argentina. CSI Compressco is
managed by CSI Compressco GP Inc., which is an indirect, wholly
owned subsidiary of TETRA Technologies, Inc.(NYSE: TTI).
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SOURCE CSI Compressco LP