Western Gas Partners LP (WES) Posts Q1 EPS of $0.01

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Western Gas Announces First-Quarter 2017 Results

May 2, 2017 4:05 PM EDT

HOUSTON, May 2, 2017 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) ("WES" or the "Partnership") and Western Gas Equity Partners, LP (NYSE: WGP) ("WGP") today announced first-quarter 2017 financial and operating results.

WESTERN GAS PARTNERS, LPNet income (loss) available to limited partners for the first quarter of 2017 totaled $5.6 million, or $0.01 per common unit (diluted), with first-quarter 2017 Adjusted EBITDA(1) of $255.0 million and first-quarter 2017 Distributable cash flow(1) of $216.5 million.

WES previously declared a quarterly distribution of $0.875 per unit for the first quarter of 2017. This distribution represented a 2% increase... More