OREANDA-NEWS. January 29, 2015. Energy Transfer Partners, L.P. (NYSE: ETP) announced that its Board of Directors has approved a USD 0.02 increase in its quarterly distribution to USD 0.995 per ETP common unit (USD 3.98 annualized) for the quarter ended December 31, 2014.

The quarterly distribution of USD 0.995 represents a distribution increase of USD 0.30 per common unit on an annualized basis, or 8.2%, compared to the fourth quarter of 2013 and represents an annualized distribution increase of USD 0.08 per common unit compared to the third quarter of 2014. This marks the sixth consecutive quarter that ETP has raised its distribution. The cash distribution will be paid on February 13, 2015 to unitholders of record as of the close of business on February 6, 2015.

ETP expects to release earnings for the fourth quarter of 2014 on Wednesday, February 18, 2015, after the market closes. ETP and Energy Transfer Equity, L.P. (NYSE: ETE), which owns the general partner of ETP, will conduct a joint conference call on Thursday, February 19, 2015 at 8:00 a.m. Central Time to discuss their quarterly results. The conference call will be broadcast live via an internet web cast, which can be accessed through www.energytransfer.com. The call will also be available for replay on Energy Transfer’s web site for a limited time.