Western Refining Logistics, LP Announces Quarterly Cash Distribution
April 28 2017 - 4:45PM
The Board of Directors of the general partner of Western Refining
Logistics, LP (NYSE:WNRL) declared a quarterly cash distribution
for the first quarter 2017 of $0.4525 per unit, or $1.81 per unit
on an annualized basis. This distribution represents a 3.4
percent increase over the quarterly distribution of $0.4375 per
unit paid in March 2017, and is the 13th consecutive increase in
the quarterly distribution. The first quarter distribution
will be paid on May 23, 2017, to all unitholders of record at the
close of market on May 9, 2017.
About Western Refining Logistics, LPWestern
Refining Logistics, LP is principally a fee-based, growth-oriented
master limited partnership formed by Western Refining, Inc.
(NYSE:WNR) to own, operate, develop and acquire terminals, storage
tanks, pipelines and other logistics assets related to the
terminalling, transportation and storage of crude oil and refined
products. Headquartered in El Paso, Texas, Western Refining
Logistics, LP's assets include approximately 705 miles of
pipelines, approximately 12.4 million barrels of active storage
capacity, distribution of wholesale petroleum products and crude
oil and asphalt trucking.
More information about Western Refining Logistics is available
at www.wnrl.com.
This release is intended to serve as qualified
notice under Treasury Regulation Section 1.1446-4(b). Brokers and
nominees should treat one hundred percent (100%) of Western
Refining Logistics' distributions to non-U.S. investors as being
attributable to income that is effectively connected with a United
States trade or business. Accordingly, Western Refining Logistics'
distributions to non-U.S. investors are subject to federal income
tax withholding at the highest applicable effective tax rate.
Investor and Analyst Contact:
Michelle Clemente
(602) 286-1533
Jeffrey S. Beyersdorfer
(602) 286-1530
Media Contact:
Gary W. Hanson
(602) 286-1777
Western Refining (NYSE:WNR)
Historical Stock Chart
From Jul 2024 to Aug 2024
Western Refining (NYSE:WNR)
Historical Stock Chart
From Aug 2023 to Aug 2024