Enable Midstream Partners, LP (NYSE:ENBL) today announced that on Apr.
24, 2015, the board of directors of its general partner declared a
quarterly cash distribution of $0.3125 per unit on all outstanding
common and subordinated units for the quarter ended Mar. 31, 2015,
representing an increase of approximately 1.2 percent over the prior
quarter distribution.
The distribution will be paid May 15, 2015, to unitholders of record at
the close of business on May 5, 2015.
ABOUT ENABLE MIDSTREAM PARTNERS
The partnership owns, operates and develops strategically located
natural gas and crude oil infrastructure assets. The partnership’s
assets include approximately 11,900 miles of gathering pipelines, 13
major processing plants with approximately 2.3 billion cubic feet per
day of processing capacity, approximately 7,900 miles of interstate
pipelines (including Southeast Supply Header, LLC of which the
partnership owns 49.90 percent), approximately 2,300 miles of intrastate
pipelines and eight storage facilities comprising 87.5 billion cubic
feet of storage capacity. For more information visit EnableMidstream.com.
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat one
hundred percent (100.0%) of Enable Midstream’s distributions to foreign
investors as being attributable to income that is effectively connected
with a United States trade or business. Accordingly, the partnership’s
distributions to foreign investors are subject to federal income tax
withholding at the highest applicable effective tax rate. Brokers and
nominees, and not the Partnership, are treated as the withholding agents
responsible for withholding on the distributions received by them on
behalf of foreign investors.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements” within
the meaning of the securities laws. All statements, other than
statements of historical fact, regarding Enable Midstream Partners’
strategy, future operations, financial position, estimated revenues,
projected costs, prospects, plans and objectives of management are
forward-looking statements. These statements often include the
words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,”
“project,” “forecast” and similar expressions and are intended to
identify forward-looking statements, although not all forward-looking
statements contain such identifying words. These forward-looking
statements are based on Enable Midstream’s current expectations and
assumptions about future events and are based on currently available
information as to the outcome and timing of future events. Enable
Midstream assumes no obligation to and does not intend to update any
forward-looking statements included herein. When considering
forward-looking statements, you should keep in mind the risk factors and
other cautionary statements described under the heading “Risk Factors”
included in our SEC filings. Enable Midstream cautions you that
these forward-looking statements are subject to all of the risks and
uncertainties, most of which are difficult to predict and many of which
are beyond its control, incident to the ownership, operation and
development of natural gas and crude oil infrastructure assets. These
risks include, but are not limited to, contract renewal risk, commodity
price risk, environmental risks, operating risks, regulatory changes and
the other risks described under “Risk Factors” in our SEC filings. Should
one or more of these risks or uncertainties occur, or should underlying
assumptions prove incorrect, Enable Midstream’s actual results and plans
could differ materially from those expressed in any forward-looking
statements.
Copyright Business Wire 2015