Eagle Rock (EROC) Declares $0.07 Quarterly Dividend; Approves $100M Buyback; Updates on Hedging
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Eagle Rock Announces Third Quarter 2014 Cash Distribution, Common Unit Repurchase Program and Earnings Release Date
October 27, 2014 5:13 PM EDTHOUSTON, Oct. 27, 2014 (GLOBE NEWSWIRE) -- Eagle Rock Energy Partners, L.P. (Nasdaq: EROC) ("Eagle Rock" or the "Partnership") today declared a cash distribution for the quarter ended September 30, 2014 of $0.07 per common unit (including eligible restricted common units), equivalent to $0.28 per unit on an annualized basis. The distribution will be paid on Friday, November 14, 2014 to unitholders of record as of the close of business on Friday, November 7, 2014.
Eagle Rock's liquidity position has significantly improved as a result of the Midstream Business Contribution which closed on July 1, 2014. With the expectation of continued improved liquidity and commodity... More
