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MLP companies were very active over the past few weeks in making changes to their distributions to shareholders.
Here is a roundup of 8 companies that recently made changes to their cash distributions.
Increase In DistributionViper Energy Partners LPVNOMannounced on February 8 an increase in its fourth quarter cash distribution to $0.228 per unit from $0.20 per unit.
PBF Logistics LPPBFXannounced on February 11 an increase in its quarterly cash distribution to $0.41 per unit from a previous $0.39 per unit.
Sanchez Production Partners LPSPPannounced
on February 9 that it will maintain its quarterly distribution of $0.2625 per unit but plans on increasing the distribution to $0.2875 per unit in the second quarter of 2016.
Alerian MLPLoading...
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on February 10 that its quarterly distribution of $0.2990 per unit will stay unchanged.
Suspension Of DistributionsEnergen CorporationEGNannounced on February 11 that it will discountinue distributing a cash dividend due to "the significant decline in the market prices of oil, natural gas, and natural gas liquids."
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