HOUSTON, Jan. 25, 2017 (GLOBE NEWSWIRE) -- PennTex Midstream Partners, LP (NASDAQ:PTXP) (the "Partnership") announced today a quarterly cash distribution for the fourth quarter ended December 31, 2016 of $0.295 per unit, or $1.18 per unit on an annualized basis. This cash distribution is the same amount as the Partnership's cash distribution for the third quarter of 2016 and will be paid on February 14, 2017 to unitholders of record as of the close of business on February 7, 2017.
About PennTex Midstream Partners, LP
PennTex Midstream Partners, LP provides natural gas gathering and processing and residue gas and natural gas liquids transportation services to producers in northern Louisiana. Energy Transfer Partners, L.P. owns the general partner of PTXP. For more information, visit www.penntex.com.
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Granado Communications Group
This release serves as a qualified notice to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b) that 100% of the Partnership's distributions to foreign investors are 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 effective tax rate.