Cypress Energy Partners, L.P. announced that the board of directors of its general partner declared a cash distribution for the fourth quarter of 2014. The cash distribution is $0.406413 per limited partner unit. This amount remains unchanged from the third quarter and reflects a 4.88% increase over the target minimum quarterly cash distribution of $0.3875 ($1.55 on an annualized basis representing a 7.75% yield on the $20 initial public offering price) for the Partnership's fourth quarter ending December 31, 2014.

The distribution will be payable on February 13, 2015 to all unitholders of record on February 9, 2015.