Western Gas Equity Partners, Lp (WGP) Tops Q2 EPS by 6c

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Go back to Western Gas Equity Partners, Lp (WGP) Tops Q2 EPS by 6c

Western Gas Announces Second-Quarter 2015 Results

July 29, 2015 4:05 PM EDT

HOUSTON, July 29, 2015 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) ("WES" or the "Partnership") and Western Gas Equity Partners, LP (NYSE: WGP) ("WGP") today announced second-quarter 2015 financial and operating results.

WESTERN GAS PARTNERS, LP

Net income available to limited partners for the second quarter of 2015 totaled $64.6 million, or $0.44 per common unit (diluted). For the second quarter of 2015, Adjusted EBITDA(1) was $205.5 million and Distributable cash flow(1) was $173.3 million, resulting in a Coverage ratio(1) of 1.24 times for the period.

WES previously declared a quarterly... More