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8-K - 8-K - EnLink Midstream Partners, LPa17-18072_18k.htm

Exhibit 99.1

 

 

FOR IMMEDIATE RELEASE

JULY 20, 2017

 

Investor Relations: Kate Walsh, Vice President of Investor Relations, 214-721-9696, kate.walsh@enlink.com

Media Relations: Jill McMillan, Vice President of Public & Industry Affairs, 214-721-9271, jill.mcmillan@enlink.com

 

EnLink Midstream Declares Quarterly Distributions for Second Quarter 2017

 

DALLAS, July 20, 2017 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 second quarter of 2017:

 

·                  The quarterly distribution on the Master Limited Partnership’s common units will be $0.39 per common unit. The distribution is payable on August 11 to unitholders of record on August 1.

 

·                  The quarterly distribution on the General Partner’s common units will be $0.255 per common unit. The distribution is payable on August 14 to unitholders of record on August 1.

 

About the EnLink Midstream Companies

 

EnLink provides integrated midstream services across natural gas, crude oil, condensate, and NGL commodities.  EnLink operates in several top U.S. basins and is strategically focused on the core growth areas of the Permian’s Midland and Delaware basins, Oklahoma’s Midcontinent, and Louisiana’s Gulf Coast. Headquartered in Dallas, EnLink is publicly traded through EnLink Midstream, LLC (NYSE: ENLC), the General Partner, and EnLink Midstream Partners, LP (NYSE: ENLK), the Master Limited Partnership. Visit www.EnLink.com for more information on how EnLink connects energy to life.

 

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.

 

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