OREANDA-NEWS. PennTex Midstream Partners, LP (NASDAQ:PTXP) (the “Partnership”) announced today that the Board of Directors of its general partner has approved a cash distribution of $0.2846 per unit, or approximately $1.14 per unit on an annualized basis, for the second quarter 2016. The distribution will be paid on August 12, 2016 to unitholders of record as of August 1, 2016.

This quarterly distribution represents an increase of $0.0096 per unit, or 3.5%, over the $0.2750 per unit distribution paid for the quarter ended March 31, 2016. 

About PennTex Midstream Partners, LP

PennTex Midstream Partners, LP is a growth-oriented master limited partnership focused on owning, operating, acquiring and developing midstream energy infrastructure assets in North America.  PTXP provides natural gas gathering and processing and residue gas and natural gas liquids transportation services to producers in the Terryville Complex in northern Louisiana.