Western Gas Partners LP (WES) Reports Q3 EPS of $0.39

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Go back to Western Gas Partners LP (WES) Reports Q3 EPS of $0.39

Western Gas Announces Third-Quarter 2018 Results

October 30, 2018 4:05 PM EDT

HOUSTON, Oct. 30, 2018 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) ("WES" or the "Partnership") and Western Gas Equity Partners, LP (NYSE: WGP) ("WGP") today announced third-quarter 2018 financial and operating results.

WESTERN GAS PARTNERS, LP

Net income (loss) available to limited partners for the third quarter of 2018 totaled $66.1 million, or $0.39 per common unit (diluted), with third-quarter 2018 Adjusted EBITDA(1) of $314.5 million and third-quarter 2018 Distributable cash flow(1) of $248.2 million.

WES previously declared a quarterly distribution of $0.965 per unit for the third quarter of 2018. This distribution represented a 2% increase... More