LOGO
LOGO

Quick Facts

Western Gas Partners Profit Falls

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Western Gas Partners LP (WES) Wednesday reported first-quarter net income to limited partners of $32.4 million or $0.31 per unit, compared to $43.8 million or $0.48 per unit last year.

Revenues for the quarter were $229.7 million, compared to $224.7 million a year ago.

Analysts polled by Thomson Reuters estimated earnings of $0.37 per unit on revenues of $250.46 million for the quarter. Analysts' estimates typically exclude special items.

Meanwhile, Western Gas Equity Partners LP (WGP), which indirectly owns the 2 percent general partner interest in Western Gas Partners, reported quarterly net income to limited partners of $27.7 million or $0.13 per unit.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19