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
jon.vandenbrand@anadarko.com
832.636.6000
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SOURCE Western Gas