Business & Finance
Business and Finance
Business and Finance
Fri, January 27, 2012
Thu, January 26, 2012 Atlas Energy, L.P. Announces Distribution of $0.24 Per Common Unit for the Fourth Quarter 2011
Atlas Energy, L.P. Announces Distribution of $0.24 Per Common Unit for the Fourth... -- PHILADELPHIA, Jan. 26, 2012 /PRNewswire/ --
Atlas Energy, L.P. Announces Distribution of $0.24 Per Common Unit for the Fourth Quarter 2011
PHILADELPHIA, Jan. 26, 2012 /PRNewswire/ -- Atlas Energy, L.P. (NYSE: [ ATLS ]) announces today that it has declared a quarterly distribution for the fourth quarter 2011 of $0.24 per common unit. The fourth quarter distribution of $0.24 per common unit represents a $0.17 increase over the fourth quarter 2010 distribution of $0.07, and reflects a distribution coverage ratio of approximately 1.6x. The distribution is payable Friday, February 17, 2012 to holders of record as of Tuesday, February 7, 2012.
Atlas Energy, L.P. (NYSE: ATLS) is a master limited partnership which owns an interest in over 8,500 producing natural gas and oil wells, representing over 185 Bcfe of net proved developed reserves. Additionally, Atlas Energy owns and operates the general partner of Atlas Pipeline Partners, L.P. (NYSE: [ APL ]), through which it owns a 2% general partner interest, all the incentive distribution rights and approximately 5.75 million common limited partner units of APL. For more information, please visit our website at [ www.atlasenergy.com ], or contact Investor Relations at [ InvestorRelations@atlasenergy.com ].
Contact: | Brian Begley |
| Investor Relations |
| (877) 280-2857 |
| (215) 405-2718 (fax) |
SOURCE Atlas Energy, L.P.
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[ http://www.atlasenergy.com ]
