Western Gas Equity Partners (WGP) Misses Q3 EPS by 3c

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Go back to Western Gas Equity Partners (WGP) Misses Q3 EPS by 3c

Western Gas Announces Third-Quarter 2017 Results

October 31, 2017 4:05 PM EDT

HOUSTON, Oct. 31, 2017 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) ("WES" or the "Partnership") and Western Gas Equity Partners, LP (NYSE: WGP) ("WGP") today announced third-quarter 2017 financial and operating results.

WESTERN GAS PARTNERS, LPNet income (loss) available to limited partners for the third quarter of 2017 totaled $65.1 million, or $0.38 per common unit (diluted), with third-quarter 2017 Adjusted EBITDA(1) of $257.8 million and third-quarter 2017 Distributable cash flow(1) of $231.9 million.

WES previously declared a quarterly distribution of $0.905 per unit for the third quarter of 2017. This distribution represented a 2% increase... More