QR Energy LP (NYSE: QRE) declared a cash distribution to the holders of its units of beneficial interest, the company announced Oct. 25.
The board of directors of its general partner has approved a cash distribution attributable to 3Q 2013 of $0.4875 per unit for all outstanding units. This represents an annualized distribution of $1.95 per unit.
The distribution will be payable on Nov. 14 to unitholders of record at the close of business on Nov. 7.
QR Energy LP engages in the acquisition, exploitation, development, and production of oil ...