TEPPCO Partners, L.P. Declares Second Quarter 2004 Distribution
HOUSTON, July 16 /PRNewswire-FirstCall/ -- TEPPCO Partners, L.P. (NYSE:TPP)
today declared a second quarter cash distribution of $0.6625 per unit, payable
Aug. 6, 2004, to unitholders of record on July 30, 2004. This distribution
covers the period from April 1, 2004, through June 30, 2004.
TEPPCO Partners, L.P. is a publicly traded master limited partnership, which
conducts business through various subsidiary operating companies. TEPPCO owns
and operates one of the largest common carrier pipelines of refined petroleum
products and liquefied petroleum gases in the United States; owns and operates
petrochemical and natural gas liquid pipelines; is engaged in crude oil
transportation, storage, gathering and marketing; owns and operates natural gas
gathering systems; and owns 50-percent interests in Seaway Crude Pipeline
Company, Centennial Pipeline LLC and Mont Belvieu Storage Partners, L.P., and
an undivided ownership interest in the Basin Pipeline. Texas Eastern Products
Pipeline Company, LLC, an indirect wholly owned subsidiary of Duke Energy Field
Services, LLC, is the general partner of TEPPCO Partners, L.P. For more
information, visit TEPPCO's Web site at http://www.teppco.com/ .
This news release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Except for the historical information contained herein,
the matters discussed in this news release are forward-looking statements that
involve certain risks and uncertainties. These risks and uncertainties include,
among other things, market conditions, governmental regulations and factors
discussed in TEPPCO Partners, L.P. filings with the Securities and Exchange
Commission.
CONTACTS: Investor Relations - Brenda J. Peters
Phone: 713/759-3954
Toll Free: 800/659-0059 Media Relations - Kathleen A. Sauve
Phone: 713/759-3635
24-Hour: 704/382-8333
DATASOURCE: TEPPCO Partners, L.P.
CONTACT: Investor Relations, Brenda J. Peters, +1-713-759-3954, or +1-800-659-0059, or Media Relations, Kathleen A. Sauve, +1-713-759-3635, or 24-Hour, +1-704-382-8333, both for TEPPCO Partners, L.P.
Web site: http://www.teppco.com/ Company News On-Call: http://www.prnewswire.com/comp/257451.html
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