PR Newswire
THE WOODLANDS, Texas, Oct. 22, 2018
THE WOODLANDS, Texas, Oct. 22, 2018 PRNewswire/ -- CSI
Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a
cash distribution attributable to the quarter ended September 30, 2018 of $0.1875 per outstanding common unit, or $0.75 per outstanding common unit on an
annualized basis. This cash distribution is equal to the previous quarterly distribution and will be paid on November 14, 2018 to all common unitholders of record as of the close of business on November 1, 2018.
CSI Compressco expects to release its third quarter 2018 earnings results before the opening of the market on Wednesday, November 7, 2018. Following the release, CSI Compressco will host a conference call at
10:30 a.m. Eastern Time to discuss the results. CSI Compressco invites you to listen to the
conference call by calling the toll free number 1-866-374-8397. The conference call will also be available by live audio
webcast and may be accessed through CSI Compressco's website at www.csicompressco.com. The news release will be available on CSI Compressco's website prior to the
conference call. An audio replay of the conference call will be available at 1-877-344-7529, conference number 10115970,
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
more than 5,700 compressor packages and approximately 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). Visit the company's website at www.csicompressco.com.
This news release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and
(d). CSI Compressco's distributions to foreign investors are subject to federal tax withholding at the highest applicable
effective tax rate. Nominees are treated as withholding agents responsible for withholding distributions received by them
on behalf of foreign investors.
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SOURCE CSI Compressco LP
