WESTERN GAS EQUITY PARTNERS, LP (NYSE:WGP) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
Equity Partners, LP issued a joint press release announcing
fourth-quarter>and full-year 2016>results, as well as
providing the 2017 outlook. The Partnerships also simultaneously
made the slide presentation for tomorrows earnings call available
on the Western Gas website, www.westerngas.com. The press release
is included in this report as Exhibit 99.1.
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99.1
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Press release dated February 22, 2017>(incorporated by
reference to Exhibit 99.1 to the Current Report on Form 8-K of Western Gas Partners, LP filed on February 22, 2017, File No. 001-34046). |
About WESTERN GAS EQUITY PARTNERS, LP (NYSE:WGP)
Western Gas Equity Partners, LP (WGP) is a limited partnership formed in to own approximately three types of partnership interests in Western Gas Partners, LP (WES). WES owns, operates, acquires and develops midstream energy assets. Through its subsidiary WES, the Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil for Anadarko Petroleum Corporation (Anadarko). The types of partnership interests owned by WGP include the general partner interest in WES, held through Western Gas Holdings, LLC (WES GP); the incentive distribution rights (IDRs) in WES, which entitle WGP to receive increasing percentages, till approximately 48%, of any incremental cash distributed by WES as certain target distribution levels are reached in any quarter, and a limited partner interest in WES. WES’s assets are located in the Rocky Mountains, the Mid-Continent, North-central Pennsylvania and Texas. WESTERN GAS EQUITY PARTNERS, LP (NYSE:WGP) Recent Trading Information
WESTERN GAS EQUITY PARTNERS, LP (NYSE:WGP) closed its last trading session down -0.61 at 46.42 with 488,886 shares trading hands.