SOURCE: QR Energy

QR Energy

January 27, 2011 08:00 ET

QR Energy Announces Quarterly Cash Distribution

HOUSTON, TX--(Marketwire - January 27, 2011) - QR Energy, LP, a Delaware limited partnership (NYSE: QRE), announced today that the Board of Directors of its general partner has approved a prorated cash distribution attributable to the fourth quarter of 2010 of $0.04 per unit for all outstanding units. This distribution represents a quarterly distribution of $0.4125 per unit ($1.65 per unit on an annualized basis), prorated from the December 22, 2010 closing date of QR Energy's initial public offering through December 31, 2010.

The distribution will be payable on February 11, 2011 to unitholders of record at the close of business on February 7, 2011.

About QR Energy, LP

QR Energy, LP is a publicly-traded master limited partnership engaged in the acquisition, production and development of onshore crude oil and natural gas properties in the United States. The company is headquartered in Houston, Texas. For more information, visit the company's website at www.qrenergylp.com.

This news release may contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements involve certain risks and uncertainties which may cause our results to differ materially from those implied or expressed by the forward-looking statements. For a more complete list of these risk factors, please read a copy of our Prospectus, which is available on our website at www.qrenergylp.com or from the Securities and Exchange Commission at www.sec.gov.

Contact Information

  • INVESTOR CONTACTS:
    Taylor B. Miele
    Investor Relations Specialist
    (713) 452-2990

    Cedric W. Burgher
    Chief Financial Officer
    (713) 452-2200