Your Portal for Key Energy Information and Research

Western Midstream Partners, LP

Company Summary

Description

Western Gas Equity Partners, LP ("WGP") is a Delaware master limited partnership formed by Anadarko Petroleum Corporation to own the following types of interests in WES: (i) the general partner interest and all of the incentive distribution rights in WES, both owned through WGP's 100% ownership of WES's general partner, and (ii) a significant limited partner interest in WES.

Website

http://www.westerngas.com/

Financial Data:

NYSE:WGP from Google Finance

Tickers:

  • WGP - New York Stock Exchange

Related Entities

Recent news

  • 2/22/2024 - Enterprise Completes... (subscriber access)
  • 2/22/2024 - Enterprise Products to... (subscriber access)
  • 2/21/2024 - Western Midstream... (subscriber access)
  • 2/21/2024 - Occidental Petroleum... (subscriber access)
  • 10/16/2023 - Western Midstream... (subscriber access)

Investor Presentations

  • 4Q22 Earnings Presentation
  • (subscriber access)
  • 2Q21 Earnings Call (subscriber access)
  • 2Q2020 Investor Presentation (subscriber access)
  • 2017 Wells Fargo Pipeline, MLP, and Utility Symposium (subscriber access)

Company Transactions

Date: 11/2/2022
Type: Acquisition

NOTES:
Enbridge and Plains GP Holdings have purchased Western Midstream's 15% interest in the Cactus II Pipeline for $265 million, with Enbridge acquiring 10% of the pipe and Plains acquiring 5%. After this transaction, Plains and Enbridge are the sole owners of the Cactus II pipeline with 70% and 30% respective ownership. Plains will continue to serve as the operator.
REGIONS:
  • Delaware Basin
  • Date: 3/31/2019
    Type: Acquisition

    NOTES:
    Energy Transfer has sold a 30% interest in their Red Bluff Express Pipeline to Western Midstream Partners.
    REGIONS:
  • Permian Basin
  • Date: 3/31/2019
    Type: Merger

    NOTES:
    Western Gas reported that they would be merging with Western Gas Equity Partners, LP in a simplification agreement.
    REGIONS:
  • Lower 48