FINDLAY, Ohio, April 29, 2019 /PRNewswire/ -- Andeavor Logistics
LP (NYSE: ANDX) announced today the declaration of its quarterly
cash distribution for the first quarter 2019 of $1.03 per limited partnership unit, or
$4.12 on an annualized basis. The
distribution is unchanged from the prior quarter and will be paid
on May 15, 2019, to common
unitholders of record as of May 9,
2019.
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat
100 percent of Andeavor Logistics LP's distributions to foreign
investors as being attributable to income that is effectively
connected with a United States
trade or business. Accordingly, Andeavor Logistics LP's
distributions to non-United States
investors are subject to federal income tax withholding at the
highest applicable effective tax rate.
About Andeavor Logistics LP
Andeavor Logistics LP is a fee-based, full-service, diversified
midstream logistics company, with integrated assets across the
western and mid-continent regions of the
United States. Andeavor Logistics operates through three
business segments: Terminalling and Transportation, Gathering and
Processing and Wholesale. The Terminalling and Transportation
segment consists of marine terminals, refined product truck
terminals, rail terminals, dedicated storage facilities and
transportation pipelines. The Gathering and Processing segment
consists of crude oil gathering systems and pipelines as well as
natural gas gathering pipelines, processing facilities and
fractionation facilities. The Wholesale segment consists of a
fee-based fuel wholesale business. Andeavor Logistics is a
Delaware limited partnership
headquartered in Findlay,
Ohio.
Investor Relations Contact:
Kristina Kazarian (419) 421-2071
Media Contact:
Chuck
Rice (419) 421-2521
View original
content:http://www.prnewswire.com/news-releases/andeavor-logistics-announces-quarterly-distribution-300840096.html
SOURCE Andeavor Logistics LP