JP Energy Partners Announces First Distribution

IRVING, Texas--(BUSINESS WIRE)--JP Energy Partners LP (“JPE”) (NYSE:JPEP) announced today that the Board of Directors of its general partner has declared a prorated cash distribution for the fourth quarter of 2014 of $0.3038 per unit. This distribution is the first declared by the partnership and corresponds to the minimum quarterly distribution of $0.3250 per unit, or $1.30 per unit on an annualized basis, prorated for the partial quarter following the closing of the partnership’s initial public offering on October 7, 2014. The distribution will be paid on February 13, 2015 to all unitholders of record on February 6, 2015.