DALLAS, Oct. 20, 2016 /PRNewswire/ -- The EnLink
Midstream companies today announced quarterly distributions for
EnLink Midstream Partners, LP (NYSE: ENLK) (the Master Limited
Partnership) and EnLink Midstream, LLC (NYSE: ENLC)
(the General Partner) for the third quarter of 2016:
- The quarterly distribution on the Master Limited Partnership's
common units will be $0.39 per common
unit, which represents a flat distribution as compared to both the
second quarter of 2016 and third quarter of 2015. The distribution
is payable on November 11 to
unitholders of record on October
31.
- The quarterly distribution on the General Partner's common
units will be $0.255 per common unit,
which represents a flat distribution as compared to both the second
quarter of 2016 and third quarter of 2015. The distribution is
payable on November 14 to unitholders
of record on October 31.
About the EnLink Midstream Companies
EnLink Midstream is a leading, integrated midstream company with
a diverse geographic footprint and a strong financial foundation,
delivering tailored customer solutions for sustainable growth.
EnLink Midstream is publicly traded through two entities: EnLink
Midstream, LLC (NYSE: ENLC), the publicly traded general partner
entity, and EnLink Midstream Partners, LP (NYSE: ENLK), the master
limited partnership entity.
EnLink Midstream's assets are located in many of North America's premier oil and gas regions,
including Oklahoma's Midcontinent,
the Permian Basin, and the Gulf Coast region. Based in Dallas, Texas, EnLink Midstream's assets
include approximately 11,000 miles of gathering and transportation
pipelines, 19 processing plants with approximately 3.9 billion
cubic feet per day of processing capacity, seven fractionators with
approximately 284,000 barrels per day of fractionation capacity, as
well as barge and rail terminals, product storage facilities,
purchase and marketing capabilities, brine disposal wells, an
extensive crude oil trucking fleet, and equity investments in
certain private midstream companies.
Additional information about the EnLink companies can be found
at www.EnLink.com.
Qualified Notice to Nominees:
This information is intended to be a qualified notice to
nominees as provided for under Treasury Regulation Section
1.1446-4(b)(4) and (d). Under the rules applicable to publicly
traded partnerships, 100 percent of the Master Limited
Partnership's distributions to foreign investors are attributable
to income that is effectively connected with a United States trade or business.
Accordingly, all of the Master Limited Partnership's distributions
to foreign investors are subject to federal income tax withholding
at the highest effective tax rate.
Investors Contact: Kate
Walsh, Vice President of Investor Relations, 214-721-9696,
kate.walsh@enlink.com
Media Contact: Jill McMillan,
Vice President of Public Relations, 214-721-9271,
jill.mcmillan@enlink.com
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SOURCE EnLink Midstream