Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner has declared a cash distribution of $0.56 per unit for the second quarter of 2013, representing a 4-percent increase over the prior quarter and a 17-percent increase over the second quarter of 2012. The distribution is payable on August 12, 2013, to unitholders of record at the close of business on July 31, 2013.
Western Gas Equity Partners, LP (NYSE: WGP) also announced today that the board of directors of its general partner has declared a cash distribution of $0.1975 per unit for the second quarter of 2013, representing a 10-percent increase over the prior quarter. The distribution is payable on August 21, 2013, to unitholders of record at the close of business on July 31, 2013.
The Partnerships plan to report their second-quarter 2013 results after the market closes on Wednesday, July 31, 2013. Management will host a conference call on Thursday, August 1, 2013, 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’ web site at www.westerngas.com. To access the live audio webcast of the conference call, please visit the investor relations section of the web site. To participate via telephone, please dial 877.621.4819 and enter participant code 17109076. Please call in 10 minutes prior to the scheduled start time. A replay of the call will be available on the web site for two weeks following the conference call.Western Gas Partners, LP is a growth-oriented Delaware master limited partnership formed by Anadarko Petroleum Corporation (NYSE: APC) to own, operate, acquire and develop midstream energy assets. With midstream assets in East, West and South Texas, North-Central Pennsylvania, the Rocky Mountains and the Mid-Continent, the Partnership is engaged in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids and crude oil for Anadarko and other producers and customers.