Western Gas Equity Partners LP
WGP:NYSE
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
| 41.20 | -0.87 -2.07% | 1.88% | 45,297 | 91.6K |
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Latest News Headlines for Western Gas Equity Partners LP
Western Gas Partners, LP and Western Gas Equity Partners, LP Announce Second Quarter 2013 Distribution and Schedule Earnings Conference Call
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HOUSTON--(BUSINESS WIRE)--July 17, 2013--
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.
Company Background
Western Gas Equity Partners, LP was formed to own three types of partnership interests in Western Gas Partners, LP (WES). WES is a limited partnership formed by Anadarko Petroleum Corporation to own, operate, acquire and develop midstream energy assets. As of December 31, 2011, the Company had no independent operations. WES is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil for Anadarko, as well as third-party producers and customers. On January 13, 2012, WES acquired 100% interest of Mountain Gas Resources LLC (MGR). On August 1, 2012, WES acquired 24% interest of Chipeta Processing LLC (Chipeta).
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 42.28 | Previous Close 42.07 |
Day High 42.89 | Day Low 41.00 |
52wk High/Date 44.27 / 7/16/2013 | 52wk Low/Date 27.00 / 12/7/2012 |
% off 52wk High -6.93% | % off 52wk Low 52.59% |
Beta (5 Yr) 0.0 | Market Capitalization 9.0B |
Shares Outstanding 218.9M | Volatility Avg 27.62 |
EPS(TTM) -- | P/E Ratio 4,207.0x |
Dividend Announcement 7/17/2013 | Dividend Yield 1.88% |
Ex-Date 7/29/2013 | Date of Record 7/31/2013 |
Payable 0.1975 - QRTR | Payable Date 8/21/2013 |
Last Trade as of 7/19/2013 4:02 PM ET | |
WGP Western Gas Equity Partners LP vs. Peers
| Peers | |
|---|---|
WGP Western Gas Equity Partners LP | 40.47% |
WGP Western Gas Equity Partners LP | 1.74% |
WGP Western Gas Equity Partners LP | -2.07% |