The distributions will be paid on May 15 to shareholders of record by the close of business on April 30. (Source: Shutterstock)
The board of directors of Genesis Energy LP’s general partner declared on April 10 a quarterly distribution of Genesis’ common units and Class A convertible preferred units for the quarter ended March 31.
Common unit shareholders of the midstream MLP will be paid a quarterly cash distribution of $0.15 per share ($0.60 per share annualized) for each common share held. For preferred units, Genesis will pay a cash quarterly distribution of approximately $0.95 per share ($3.79 per share annualized) for each preferred unit held.
The distributions will be paid on May 15 to shareholders of record by the close of business on April 30.
Recommended Reading
Gran Tierra Enters Montney Shale JV with Logan Energy
2024-11-29 - In addition to its joint venture with Logan Energy Corp., Gran Tierra Energy Inc. also announced a seventh successful discovery well in Ecuador.
Marketed: Territory Resources 15-well Package in Oklahoma
2024-10-28 - Territory Resources LLC has retained EnergyNet for the sale of 15-well package in Kay, Noble and Pawnee counties, Oklahoma.
NOG Commits Up to $160MM to Appalachian Basin Joint Venture
2024-12-12 - Northern Oil and Gas has entered a joint development program with an Appalachian Basin operator, which wasn’t named, in exchange for a 15% working interest, the company said.
Crescent Energy Bolts On $905MM Central Eagle Ford Acreage
2024-12-03 - Crescent Energy will purchase Eagle Ford assets from Carnelian Energy Capital Management-backed Ridgemar Energy for $905 million, plus WTI-based contingency payments of up to $170 million.
Matador’s Stake in San Mateo JV Rises to $1.5B After Pipeline Deal
2024-12-19 - Matador Resources closed a deal adding subsidiary Pronto Midstream to its 51%-owned joint venture with Five Point Energy.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.