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.
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