Western Gas Announces First Quarter 2017 Distribution And Schedules Earnings Conference Call
Apr 13, 2017, 16:05 ET
HOUSTON, April 13, 2017 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.875 per unit for the first quarter of 2017. This distribution represents a 2-percent increase over the prior quarter and a 7-percent increase over the first quarter of 2016. WES's first quarter 2017 distribution is payable on May 12, 2017, to unitholders of record at the close of business on May 1, 2017.
Western Gas Equity Partners, LP (NYSE: WGP) also announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.49125 per unit for the first quarter of 2017. This distribution represents a 6-percent increase over the prior quarter and a 16-percent increase over the first quarter of 2016. WGP's first quarter 2017 distribution is payable on May 22, 2017, to unitholders of record at the close of business on May 1, 2017.
The Partnerships plan to report their first-quarter 2017 results after the market closes on Tuesday, May 2, 2017. Management will host a conference call on Wednesday, May 3, 2017, at 11 a.m. CDT (12 p.m. EDT) to discuss quarterly results. The full text of the release announcing the results will be available on the Partnerships' website at www.westerngas.com.
First-Quarter 2017 Results
Wednesday, May 3, 2017
11 a.m. CDT (12 p.m. EDT)
Dial-in number: 877-883-0383
International dial-in number: 412-902-6506
Participant access code: 5700314
Individuals who would like to participate should dial the applicable dial-in number listed above approximately 15 minutes before the scheduled conference call time and enter the access code when prompted.
To access the live audio webcast of the conference call, please visit the investor relations section of the Partnerships' website at www.westerngas.com. A replay of the conference call will also be available on the website for two weeks following the call.
Western Gas Partners, LP ("WES") is a growth-oriented Delaware master limited partnership formed by Anadarko Petroleum Corporation to acquire, own, develop and operate midstream energy assets. With midstream assets located in the Rocky Mountains, North-central Pennsylvania and Texas, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas, and gathering, stabilizing and transporting condensate, natural gas liquids and crude oil for Anadarko, as well as for other producers and customers.
Western Gas Equity Partners, LP ("WGP") is a Delaware master limited partnership formed by Anadarko to own the following types of interests in WES: (i) the general partner interest and all of the incentive distribution rights in WES, both owned through WGP's 100% ownership of WES's general partner, and (ii) a significant limited partner interest in WES.
For more information about Western Gas Partners, LP, Western Gas Equity Partners, LP, and Western Gas Flash Feed updates, please visit www.westerngas.com.
Western Gas Contact
Jonathon E. VandenBrand
Director, Investor Relations
[email protected]
832.636.6000
SOURCE Western Gas