CSI Compressco LP Announces Quarterly Distribution and Schedule for Fourth Quarter and Full Year 2020 Earnings Release Conference Call and Webcast
CSI Compressco LP (NASDAQ: CCLP) has declared a cash distribution of $0.01 per common unit for the quarter ending on December 31, 2020, equating to an annualized amount of $0.04. The distribution will be paid on February 12, 2021, to unitholders of record by January 29, 2021. Additionally, the company plans to announce its fourth quarter and full-year 2020 results before market opening on February 24, 2021, followed by a conference call at 10:30 a.m. ET.
- Cash distribution of $0.01 per common unit reflects ongoing shareholder returns.
- Scheduled conference call to discuss earnings may enhance transparency.
- None.
THE WOODLANDS, Texas, Jan. 19, 2021 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended December 31, 2020 of
CSI Compressco expects to release its fourth quarter and full year 2020 results before the opening of the market on Wednesday, February 24, 2021. Following the release, CSI Compressco will host a conference call at 10:30 a.m. Eastern Time to discuss the results. CSI Compressco invites you to listen to the conference call by calling the toll-free number 1-866-374-8397. The conference call will also be available by live audio webcast and may be accessed through CSI Compressco's website at www.csicompressco.com. The news release will be available on CSI Compressco's website prior to the conference call. An audio replay of the conference call will be available at 1-877-344-7529, conference number 10151748 for one week following the conference call and the archived webcast will be available through CSI Compressco's website for thirty days following the conference call.
About CSI Compressco
CSI Compressco is a provider of compression services and equipment for natural gas and oil production, gathering, artificial lift, transmission, processing, and storage. CSI Compressco's compression and related services business includes a fleet of more than 4,900 compressor packages providing approximately 1.17 million in aggregate horsepower, utilizing a full spectrum of low-, medium- and high-horsepower engines. CSI Compressco also provides well monitoring and automated sand separation services in conjunction with compression and related services in certain Latin American markets. CSI Compressco's aftermarket business provides compressor package reconfiguration and maintenance services. CSI Compressco's customers comprise a broad base of natural gas and oil exploration and production, midstream, transmission, and storage companies operating throughout many of the onshore producing regions of the United States, as well as in a number of foreign countries, including Mexico, Canada and Argentina. CSI Compressco is managed by CSI Compressco GP Inc., which is an indirect, wholly owned subsidiary of TETRA Technologies, Inc. (NYSE: TTI).This news release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). CSI Compressco's distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.
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SOURCE CSI Compressco LP
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