Western Gas Partners LP (WES) Misses Q2 EPS by 1c

Western Gas Partners LP (NYSE: WES) reported Q2 EPS of $0.49, $0.01 worse than the analyst estimate of $0.50.

"We continue to achieve significant milestones in the Delaware Basin that enhance both our competitive position in the area and our ability to serve the increasing needs of producers. These include the DBJV-for-Marcellus asset exchange, the early settlement of the DBJV Deferred Purchase Price Obligation, and the successful start-up of our produced water gathering and disposal systems," said Chief Executive Officer, Benjamin Fink. "Additionally, we are excited to announce the sanctioning of the Latham plant in the DJ Basin, which will consist of two cryogenic processing trains with a total capacity of 400 MMcf/d. These trains will be supported by long-term volumetric commitments from Anadarko, and are scheduled to come online in the first and third quarters of 2019."

For earnings history and earnings-related data on Western Gas Partners LP (WES) click here.

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