8 MLP Distribution Changes You Might've Missed

MLP companies were very active over the past few weeks in making changes to their distributions to shareholders. Here is a roundup of 8 companies that recently made changes to their cash distributions. Increase In Distribution Viper Energy Partners LP VNOM announced on February 8 an increase in its fourth quarter cash distribution to $0.228 per unit from $0.20 per unit. PBF Logistics LP PBFX announced on February 11 an increase in its quarterly cash distribution to $0.41 per unit from a previous $0.39 per unit. Sanchez Production Partners LP SPP announced on February 9 an increase in its quarterly cash distribution to $0.4060 per unit, representing a 1.5 percent increase over the prior distribution. Decrease In Distribution Anadarko Petroleum Corporation APC announced on February it has lowered its quarterly cash dividend to $0.05 per share from a previous $0.27 per share. No Changes In Distribution Black Stone Minerals LP BSM announced on February 9 that it will maintain its quarterly distribution of $0.2625 per unit but plans on increasing the distribution to $0.2875 per unit in the second quarter of 2016. Alerian MLP AMLP announced on February 10 that its quarterly distribution of $0.2990 per unit will stay unchanged. Suspension Of Distributions Energen Corporation EGN announced on February 11 that it will discountinue distributing a cash dividend due to "the significant decline in the market prices of oil, natural gas, and natural gas liquids."