Rose Rock Midstream, L.P. Increases Distributions on Limited Partner Units
24 April 2015 - 6:15AM
Rose Rock Midstream®, L.P. (NYSE:RRMS) announced today that the
Board of Directors of its general partner has declared a cash
distribution for the first quarter of 2015 of $0.635 per unit, or
$2.54 per unit on an annualized basis. This distribution represents
an increase of approximately 2.4% over the prior quarter's
distribution of $0.620 per unit, and an approximately 28.3%
increase over the first quarter of 2014 quarterly distribution of
$0.495 per unit.
The distribution will be paid on May 15, 2015 to all unitholders
of record on May 5, 2015.
About Rose Rock Midstream
Rose Rock Midstream®, L.P. (NYSE:RRMS) is a growth-oriented
Delaware limited partnership formed by SemGroup® Corporation
(NYSE:SEMG) to own, operate, develop and acquire a diversified
portfolio of midstream energy assets. Headquartered in Tulsa, OK,
Rose Rock Midstream provides crude oil gathering, transportation,
storage and marketing services with the majority of its assets
strategically located in or connected to the Cushing, Oklahoma
crude oil marketing hub.
This release is a qualified notice under Treasury Regulation
Section 1.1446-4(b). Brokers and nominees should treat 100% of Rose
Rock Midstream, L.P.'s distributions to foreign investors as being
attributable to income that is effectively connected with a United
States trade or business. Therefore, distributions to foreign
investors are subject to federal income tax withholding at the
highest applicable effective tax rate.
CONTACT: Investor Relations:
Alisa Perkins
918-524-7711
roserockir@rrmidstream.com
Media:
Kiley Roberson
918-524-8594
kroberson@rrmidstream.com
Rose Rock Midstream, L.P. Common Units Representing Limited Partner Interests (NYSE:RRMS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Rose Rock Midstream, L.P. Common Units Representing Limited Partner Interests (NYSE:RRMS)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Rose Rock Midstream, L.P. Common Units Representing Limited Partner Interests (New York Stock Exchange): 0 recent articles
More News Articles